2,561 Shares in Camden Property Trust (CPT) Purchased by Bbva Compass Bancshares Inc.

Bbva Compass Bancshares Inc. acquired a new stake in Camden Property Trust (NYSE:CPT) during the third quarter, according to its most recent filing with the SEC. The firm acquired 2,561 shares of the real estate investment trust’s stock, valued at approximately $234,000.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Camden Property Trust by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 14,190,009 shares of the real estate investment trust’s stock valued at $1,213,387,000 after buying an additional 85,219 shares during the last quarter. BlackRock Inc. grew its position in Camden Property Trust by 3.1% in the 2nd quarter. BlackRock Inc. now owns 10,451,376 shares of the real estate investment trust’s stock valued at $893,697,000 after buying an additional 310,886 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Camden Property Trust by 32.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,312,251 shares of the real estate investment trust’s stock valued at $112,211,000 after buying an additional 318,689 shares during the last quarter. Northern Trust Corp grew its position in Camden Property Trust by 2.6% in the 2nd quarter. Northern Trust Corp now owns 1,279,525 shares of the real estate investment trust’s stock valued at $109,412,000 after buying an additional 32,620 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Camden Property Trust by 1.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,220,885 shares of the real estate investment trust’s stock valued at $104,399,000 after buying an additional 15,780 shares during the last quarter. Hedge funds and other institutional investors own 90.45% of the company’s stock.

Camden Property Trust (NYSE:CPT) opened at $92.49 on Monday. The company has a market capitalization of $8,571.52, a PE ratio of 20.55, a price-to-earnings-growth ratio of 3.78 and a beta of 0.42. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.64.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.03). The firm had revenue of $228.18 million for the quarter, compared to analyst estimates of $226.41 million. Camden Property Trust had a return on equity of 4.71% and a net margin of 16.81%. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $1.13 EPS. research analysts predict that Camden Property Trust will post 4.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 17th. Stockholders of record on Friday, September 29th were paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend was Thursday, September 28th. Camden Property Trust’s dividend payout ratio (DPR) is presently 182.93%.

A number of equities analysts recently weighed in on CPT shares. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $93.00 price objective on shares of Camden Property Trust in a research report on Wednesday, October 4th. Mizuho reiterated a “hold” rating and issued a $90.00 price objective on shares of Camden Property Trust in a research report on Sunday, October 15th. BMO Capital Markets reiterated a “buy” rating and issued a $95.00 price objective on shares of Camden Property Trust in a research report on Friday, September 8th. Royal Bank Of Canada reiterated a “buy” rating and issued a $91.00 price objective on shares of Camden Property Trust in a research report on Sunday, July 16th. Finally, Barclays PLC lifted their price objective on shares of Camden Property Trust from $85.00 to $86.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $92.31.

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In related news, COO H Malcolm Stewart sold 11,174 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $89.75, for a total value of $1,002,866.50. Following the completion of the transaction, the chief operating officer now owns 253,456 shares of the company’s stock, valued at approximately $22,747,676. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP William W. Sengelmann sold 5,085 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $90.15, for a total transaction of $458,412.75. Following the completion of the transaction, the executive vice president now directly owns 71,836 shares of the company’s stock, valued at approximately $6,476,015.40. The disclosure for this sale can be found here. Insiders have sold a total of 20,256 shares of company stock valued at $1,820,082 in the last ninety days. Corporate insiders own 4.70% of the company’s stock.

About Camden Property Trust

Camden Property Trust is a real estate investment trust (REIT). The Company is engaged 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.

Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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