What’s Propelling Camden Property Trust (CPT) to Reach All-Time High?

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Investors sentiment increased to 1.25 in 2018 Q4. Its up 0.12, from 1.13 in 2018Q3. It improved, as 23 investors sold Camden Property Trust shares while 98 reduced holdings. 47 funds opened positions while 104 raised stakes. 85.48 million shares or 3.50% more from 82.60 million shares in 2018Q3 were reported.
Franklin Res, California-based fund reported 196,445 shares. Gemmer Asset Ltd Liability Com reported 51 shares. Pictet Asset Mgmt Ltd has invested 0.01% in Camden Property Trust (NYSE:CPT). First Hawaiian Fincl Bank owns 0.02% invested in Camden Property Trust (NYSE:CPT) for 3,271 shares. Anchor Cap Advisors Ltd accumulated 4,770 shares. The Maine-based Schroder Mngmt Gp has invested 0% in Camden Property Trust (NYSE:CPT). Van Eck Associate Corporation reported 0.01% stake. Smithfield Tru has invested 0% in Camden Property Trust (NYSE:CPT). Shelton Mngmt stated it has 6,565 shares or 0.04% of all its holdings. Sumitomo Mitsui Trust Holdg Inc stated it has 0.04% in Camden Property Trust (NYSE:CPT). Natixis L P reported 47,429 shares. Hsbc Public Ltd Co holds 0.06% of its portfolio in Camden Property Trust (NYSE:CPT) for 386,334 shares. Cibc Asset Mngmt holds 0% or 5,144 shares. 14 were reported by Enterprise Financial Service Corp. Robeco Institutional Asset Management Bv owns 12,120 shares or 0% of their US portfolio.

Since October 30, 2018, it had 0 insider buys, and 6 insider sales for $15.93 million activity. $5.97 million worth of Camden Property Trust (NYSE:CPT) shares were sold by ODEN D KEITH. On Monday, December 3 CAMPO RICHARD J sold $5.97M worth of Camden Property Trust (NYSE:CPT) or 63,000 shares. $202,790 worth of Camden Property Trust (NYSE:CPT) was sold by MCGUIRE WILLIAM B on Tuesday, October 30. $1.01 million worth of Camden Property Trust (NYSE:CPT) shares were sold by PAULSEN WILLIAM F. The insider Gallagher Michael P sold $173,754.

The stock of Camden Property Trust (NYSE:CPT) reached all time high today, Mar, 17 and still has $104.80 target or 4.00 % above today’s $100.77 share price. This indicates more upside for the $9.92B company. This technical setup was reported by Barchart.com. If the $104.80 PT is reached, the company will be worth $396.76 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock decreased 0.60% or $0.61 during the last trading session, reaching $100.77. About 1.49 million shares traded or 128.53% up from the average. Camden Property Trust (NYSE:CPT) has risen 24.29% since March 17, 2018 and is uptrending. It has outperformed by 19.92% the S&P500.

Analysts await Camden Property Trust (NYSE:CPT) to report earnings on May, 2. They expect $1.22 EPS, up 6.09 % or $0.07 from last year’s $1.15 per share. CPT’s profit will be $120.09 million for 20.65 P/E if the $1.22 EPS becomes a reality. After $1.23 actual EPS reported by Camden Property Trust for the previous quarter, Wall Street now forecasts -0.81 % negative EPS growth.

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Camden Property Trust (NYSE:CPT) Ratings Coverage

Among 6 analysts covering Camden Prop Trust (NYSE:CPT), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Camden Prop Trust had 6 analyst reports since October 22, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, November 20 by Robert W. Baird. The firm has “Buy” rating by SunTrust given on Tuesday, January 15. Janney Capital upgraded the shares of CPT in report on Thursday, December 20 to “Buy” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, February 4. Citigroup maintained the shares of CPT in report on Tuesday, October 30 with “Neutral” rating.

More notable recent Camden Property Trust (NYSE:CPT) news were published by: Seekingalpha.com which released: “Despite Its Strengths, Camden Property Trust’s Risk-Reward Is Not Compelling – Seeking Alpha” on September 28, 2018, also Seekingalpha.com with their article: “Camden Property Trust (CPT) CEO Richard Campo on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 01, 2019, Seekingalpha.com published: “Are 46 Fortune Best Public Co’s To Work At Worth Buying In 2019? – Seeking Alpha” on March 07, 2019. More interesting news about Camden Property Trust (NYSE:CPT) were released by: Globenewswire.com and their article: “Market Trends Toward New Normal in Conagra Brands, Camden Property Trust, AxoGen, Tupperware Brands, Preferred Apartment Communities, and Dorman Products — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” published on March 01, 2019 as well as Streetinsider.com‘s news article titled: “Camden Property Trust (CPT) Announces 3.38M Share Public Offering of Common Shares – StreetInsider.com” with publication date: February 19, 2019.

Camden Property Trust, an S&P 400 Company, is a real estate firm engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. The company has market cap of $9.92 billion. Camden owns interests in and operates 156 properties containing 53,391 apartment homes across the United States. It has a 61.9 P/E ratio. Upon completion of 7 properties currently under development, the Company's portfolio will increase to 55,501 apartment homes in 163 properties.

Camden Property Trust (NYSE:CPT) Institutional Positions Chart