Camden Property Trust (NYSE:CPT)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $91.07 and last traded at $90.95, with a volume of 529,708 shares trading hands. The stock had previously closed at $90.41.

Several equities research analysts have issued reports on the stock. Sandler O’Neill upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating in a research report on Tuesday. Stifel Nicolaus assumed coverage on shares of Camden Property Trust in a research report on Friday. They set a “buy” rating and a $99.00 target price for the company. Deutsche Bank AG lifted their target price on shares of Camden Property Trust from $84.00 to $85.00 and gave the company a “hold” rating in a research report on Friday, August 18th. Royal Bank Of Canada lifted their target price on shares of Camden Property Trust from $91.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, August 7th. Finally, Barclays PLC lifted their target price 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $88.93.

The company has a 50-day moving average of $89.12 and a 200-day moving average of $84.73. The firm has a market cap of $7.93 billion, a PE ratio of 20.24 and a beta of 0.38.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.15 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.02. Camden Property Trust had a return on equity of 13.17% and a net margin of 46.10%. The company had revenue of $222.40 million for the quarter, compared to the consensus estimate of $222.44 million. During the same quarter in the prior year, the business earned $1.15 EPS. Camden Property Trust’s revenue was up .4% on a year-over-year basis. On average, analysts predict that Camden Property Trust will post $1.73 EPS for the current fiscal year.

In other news, EVP William W. Sengelmann sold 763 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.76, for a total value of $68,486.88. Following the transaction, the executive vice president now owns 71,836 shares in the company, valued at approximately $6,447,999.36. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President D Keith Oden sold 86,540 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.43, for a total value of $7,739,272.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 120,811 shares of company stock worth $10,812,185. Company insiders own 4.70% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Phocas Financial Corp. increased its holdings in shares of Camden Property Trust by 3.4% in the 2nd quarter. Phocas Financial Corp. now owns 5,619 shares of the real estate investment trust’s stock valued at $480,000 after acquiring an additional 183 shares during the last quarter. Koch Industries Inc. purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at about $236,000. Ameritas Investment Partners Inc. increased its holdings in shares of Camden Property Trust by 1.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 42,327 shares of the real estate investment trust’s stock valued at $3,619,000 after acquiring an additional 426 shares during the last quarter. Linscomb & Williams Inc. increased its holdings in shares of Camden Property Trust by 2.6% in the 2nd quarter. Linscomb & Williams Inc. now owns 4,805 shares of the real estate investment trust’s stock valued at $411,000 after acquiring an additional 124 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at about $2,738,000. Institutional investors and hedge funds own 95.94% of the company’s stock.

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Camden Property Trust Company Profile

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.