Camden Property Trust (NYSE:CPT) Shorted Shares Increased By 1.85%

September 17, 2017 - By Winifred Garcia

 Camden Property Trust (NYSE:CPT) Shorted Shares Increased By 1.85%

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.25, from 0.99 in 2016Q3. It improved, as 17 investors sold Camden Property Trust shares while 108 reduced holdings. 47 funds opened positions while 108 raised stakes. 84.01 million shares or 9.97% less from 93.32 million shares in 2016Q3 were reported.
The New Hampshire-based Ledyard Financial Bank has invested 0% in Camden Property Trust (NYSE:CPT). 112,968 were reported by Retirement Of Alabama. Northwestern Mutual Wealth Mgmt Communication accumulated 0% or 1,009 shares. Psagot Invest House invested 0% in Camden Property Trust (NYSE:CPT). Sg Americas Secs Limited reported 0.01% stake. Renaissance Grp Ltd Liability reported 4,666 shares. Swiss Bancorp owns 0.05% invested in Camden Property Trust (NYSE:CPT) for 365,800 shares. Comerica Retail Bank has 0.05% invested in Camden Property Trust (NYSE:CPT). Aberdeen Asset Mngmt Public Limited Liability Company Uk reported 0% stake. Andra Ap owns 49,800 shares. Amp Cap Invsts Ltd invested in 61,063 shares or 0.03% of the stock. Moreover, Tru Department Mb Financial Bank N A has 0.01% invested in Camden Property Trust (NYSE:CPT). Comml Bank Of America Corp De holds 0.01% or 609,917 shares. Principal Fincl Grp Inc Inc owns 352,506 shares. Royal Bank & Trust Of Canada owns 138,296 shares.

Since March 21, 2017, it had 0 buys, and 1 insider sale for $194,141 activity. PARKER F GARDNER sold $60,043 worth of stock or 741 shares. PAULSEN WILLIAM F sold $194,141 worth of Camden Property Trust (NYSE:CPT) on Tuesday, June 13.

The stock of Camden Property Trust (NYSE:CPT) registered an increase of 1.85% in short interest. CPT’s total short interest was 3.21 million shares in September as published by FINRA. Its up 1.85% from 3.15 million shares, reported previously. With 460,400 shares average volume, it will take short sellers 7 days to cover their CPT’s short positions. The short interest to Camden Property Trust’s float is 3.74%.

The stock increased 0.48% or $0.45 on September 15, reaching $94.2. About 930,755 shares traded or 28.64% up from the average. Camden Property Trust (NYSE:CPT) has risen 3.41% since September 17, 2016 and is uptrending. It has underperformed by 13.29% the S&P500.

Camden Property Trust is a real estate investment trust . The company has market cap of $8.73 billion. The Firm is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. It has a 21.03 P/E ratio. 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.

Camden Property Trust (NYSE:CPT) Ratings Coverage

Among 20 analysts covering Camden Property (NYSE:CPT), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Camden Property had 52 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Camden Property Trust (NYSE:CPT) has “Hold” rating given on Monday, July 18 by Deutsche Bank. Barclays Capital downgraded Camden Property Trust (NYSE:CPT) rating on Monday, January 23. Barclays Capital has “Equal Weight” rating and $83 target. The stock has “Neutral” rating by Mitsubishi UFJ on Thursday, January 5. The firm has “Hold” rating by BMO Capital Markets given on Friday, May 5. On Friday, August 4 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Camden Property Trust (NYSE:CPT) earned “Neutral” rating by SunTrust on Thursday, June 2. The rating was maintained by Robert W. Baird on Monday, September 11 with “Hold”. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, May 25. As per Tuesday, June 13, the company rating was upgraded by KeyBanc Capital Markets. The firm earned “Overweight” rating on Friday, August 12 by Barclays Capital.

More notable recent Camden Property Trust (NYSE:CPT) news were published by: Seekingalpha.com which released: “Quantifying The Impact Of Harvey On Apartment REITs” on August 30, 2017, also Businesswire.com with their article: “Camden Property Trust Announces Pricing of Common Shares” published on September 12, 2017, Seekingalpha.com published: “Camden Property’s (CPT) CEO Ric Campo on Q2 2017 Results – Earnings Call …” on July 29, 2017. More interesting news about Camden Property Trust (NYSE:CPT) were released by: Streetinsider.com and their article: “UPDATE: Stifel Resumes Camden Property Trust (CPT) at Buy” published on August 31, 2017 as well as Reuters.com‘s news article titled: “BRIEF-Camden Property Trust says its apartments have minor damage from …” with publication date: September 11, 2017.

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