After Reaching All-Time High, Is Camden Property Trust (CPT)'s Near-Term Analysis Positive?

Lloyd Doyle
September 10, 2017

Robecosam AG now owns 2,700 shares of the real estate investment trust's stock valued at $103,000 after acquiring an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 95.94% of the company's stock. The company has market cap of $17.36 billion. CyberOptics Corporation (CYBE) has risen 33.75% since September 7, 2016 and is uptrending. The real estate investment trust posted $1.15 EPS for the period, reaching the Zacks' average forecast of $1.13 by $0.02. the company reported sales of $222.40 M for the period end, compared with brokerage expectations of $222.44 M. Camden Property Trust had a net profit margin of 46.10% and a ROE of 13.17%. That brings the Director's holdings to $0 per an SEC filing yesterday. New York-based V3 Management Ltd Partnership has invested 2.88% in Camden Property Trust (NYSE:CPT). Squarepoint Ops LLC claims 19,852 shares with a value of $1,698,000. Huntington Bancshares Incorporated has 7 buy ratings, 12 holds and 0 sells even after the stock tumbled -17.37% from its high of $14.74 to a $13.36 billion market value through last close. The stock declined 0.26% or $0.06 reaching $21.08 on the news. Currently, 198.6 million total shares are owned by the public and among those 198.6 million shares have been available to trade. Camden Property Trust (NYSE:CPT) has risen 3.41% since September 5, 2016 and is uptrending. It has underperformed by 8.28% the S&P500. Prudential Financial Inc. grew its holdings in shares of Camden Property Trust by 234.2% in the 1st quarter. Finally, Mn Services Vermogensbeheer B.V. boosted its holdings in Liberty Property Trust by 5.5% in the first quarter.

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Investors sentiment increased to 1.24 in Q4 2016. Its down 0.09, from 1.2 in 2016Q3. It increased, as 37 investors sold Essex Property Trust Inc shares while 133 reduced holdings.

These funds have shifted positions in (LPT).


Short traders are feeling a little more bearish on Liberty Property Trust of late if you take a look at the uptick in short interest. The correct version of this piece of content can be accessed at https://www.truebluetribune.com/2017/09/07/cadence-capital-management-llc-has-492000-stake-in-camden-property-trust-cpt.html.

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Presima Inc acquired 10,200 shares as Essex Ppty Tr Inc (ESS)'s stock rose 11.60%. Franklin Resource stated it has 0.01% of its portfolio in Camden Property Trust (NYSE:CPT). Panagora Asset Mgmt Inc holds 0.01% in Essex Property Trust Inc (NYSE:ESS) or 6,459 shares. Pacer Advisors, Inc. bolstered its stake by buying 2,339 shares an increase of 16.2%. Swiss Savings Bank reported 365,800 shares. Pggm Invests holds 0.34% or 800,511 shares. Jefferies Group Incorporated Limited Liability Co invested in 38,463 shares. The value in dollars went from $1,162,000 to $1,435,000 a change of 23.5% quarter over quarter. Blackrock holds 254,573 shares. Sumitomo Mitsui Asset Ltd has 83,226 shares for 0.13% of their portfolio. Therefore 43% are positive. Royal Bank Of Canada reaffirmed a "buy" rating and set a $91.00 target price on shares of Camden Property Trust in a report on Sunday, July 16th. The rating was initiated by Lake Street on Friday, August 26 with "Buy". Cantor Fitzgerald reissued a "buy" rating and issued a $278.00 price objective on shares of Essex Property Trust in a research note on Thursday, July 27th. The stock has "Hold" rating by Suntrust Robinson on Thursday, December 22. (NASDAQ:DORM) has "Neutral" rating given on Wednesday, January 4 by CL King. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. The firm earned "Buy" rating on Friday, September 18 by DA Davidson. SunTrust downgraded Essex Property Trust Inc (NYSE:ESS) on Thursday, May 18 to "Hold" rating. The firm has "Outperform" rating by RBC Capital Markets given on Monday, August 7. The firm has "Outperform" rating given on Tuesday, February 9 by RBC Capital Markets. Forsta Ap-fonden now controls 57,711 shares valued at $4,935,000.

Among 13 analysts covering Spectra Energy Corp. Therefore 25% are positive. Spectra Energy Corp. had 24 analyst reports since August 6, 2015 according to SRatingsIntel. Sandler O'Neill upgraded Camden Property Trust from a "hold" rating to a "buy" rating and upped their price target for the stock from $93.00 to $105.00 in a report on Tuesday. The rating was maintained by Evercore with "Hold" on Tuesday, September 8. The stock has "Underperform" rating by Wells Fargo on Friday, March 11.

03/30/2017 - Mitsubishi UFJ began new coverage on Liberty Property Trust giving the company a "overweight" rating. The firm has "Buy" rating given on Tuesday, November 10 by BB&T Capital.

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