Retirement Systems of Alabama Reduces Position in Camden Property Trust (NYSE:CPT)

Postado Agosto 13, 2017

As of late the company also announced dividend for the quarter, to be paid on early Mon, Jul 17th. Mn Services Vermogensbeheer B.V. now owns 2,333 shares of the real estate investment trust's stock valued at $176,000 after buying an additional 120 shares during the period. The fund acquired 10,661 shares of the real estate investment trust's stock, valued at approximately $912,000.

Old Mutual Global Investors Uk Ltd increased Vmware Inc (NYSE:VMW) stake by 110,371 shares to 122,039 valued at $9.61 million in 2016Q4.

Several large investors have recently added to or reduced their stakes in CPT. Macquarie Group Ltd. boosted its position in Camden Property Trust by 3.7% in the fourth quarter. During the same quarter previous year, the firm earned $1.15 earnings per share. The company has a market capitalization of $7.78 billion, a P/E ratio of 19.85 and a beta of 0.37. Barclays raised their price objective on Camden Property Trust from $85.00 to $86.00 and issued the shares an "equal weight" recommendation in a analysis note on Tue, Jul 18th. Camden Property Trust had a net profit margin of 46.10% and a ROE of 13.17%. the company reported sales of $222.40 M for the period compared to the average forecast of $222.44 M. for the same quarter previous year, company reported $1.15 EPS. the firms end of quarter revenue went up.4% on a YOY basis. on consensus, Financial experts predict that Camden Property Trust to post $1.81 earnings per share for the financial year.

Camden Property Trust (NYSE:CPT) previously issued its fiscal periodic earnings information on Early Thur, Jul 27th. Founders Capital Management bought a new position in shares of Camden Property Trust during the first quarter worth approximately $140,000. Assetmark Inc. now owns 1,695 shares of the real estate investment trust's stock worth $136,000 after buying an additional 1,402 shares in the last quarter. The company has a 50-day moving average of $87.28 and a 200-day moving average of $83.63. Camden Property Trust's yield ratio is presently 67.11%. Virtu KCG Holdings LLC increased its position in shares of Camden Property Trust by 119.8% in the second quarter. Finally, Eqis Capital Management Inc. purchased a new position in shares of Camden Property Trust during the second quarter worth $201,000.

Point72 Asia (Hong Kong) Limited holds 0.1% of its portfolio in Camden Property Trust (NYSE:CPT) for 1,159 shares. The dividend payment was $0.750 per share for the quarter which comes to $3.00 on an annualized basis. The ex-dividend date of this dividend was Wednesday, June 28th. Camden Property Trust's dividend payout ratio is now 67.11%.

COPYRIGHT VIOLATION NOTICE: This article was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Following the completion of the transaction, the executive vice president now directly owns 71,836 shares in the company, valued at $6,447,999.36.

A number of brokerages have weighed in on CPT. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and global copyright law. BidaskClub upgraded shares of Camden Property Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, June 14th. First Citizens Commercial Bank has invested 0.03% of its portfolio in Camden Property Trust (NYSE:CPT). The stock was sold at an average price of $87.18, for a total transaction of $194,149.86. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $91.00 target price on shares of Camden Property Trust in a research note on Sunday, July 16th. They noted that the move was a valuation call.

On May 25 the company was upgraded from "Market Perform" to "Outperform" by analysts at BMO Capital. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company's stock. The correct version of this article can be viewed at The company presently has a consensus rating of "Hold" and a consensus target price of $88.42. The shares were sold at an average price of $89.75, for a total value of $1,002,866.50.

In related news, Director William F. Paulsen sold 2,227 shares of the firm's stock in a transaction that occurred on Tuesday, June 13th. The disclosure for this sale can be found here. Insiders sold 120,811 shares of company stock worth $10,812,185 over the last three months.

Moreover, Nuveen Asset Mngmt has 0.52% invested in Camden Property Trust (NYSE:CPT). The Company is involved in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. Nationwide Fund Advisors bolstered its holdings by buying 2,067 shares an increase of 1.3% from 03/31/2017 to 06/30/2017.