Camden Property Trust (CPT) Updates Q1 Earnings Guidance

GPT's SI was 2.52M shares in February as released by FINRA. Brown Advisory Inc reported 5.17M shares. Spectrum Management Group Inc. bought a new position in shares of Liberty Property Trust during the 3rd quarter worth approximately $168,000. Next Fincl Group Incorporated has invested 0% in Camden Property Trust (NYSE:CPT). The stock decreased 1.78% or $1.54 during the last trading session, reaching $85.02. About 505,681 shares traded. Camden Property Trust (NYSE:CPT) has risen 3.41% since February 2, 2017 and is uptrending. It has underperformed by 1.79% the S&P500. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Reinhart Partners Inc sold 20,685 shares as Entergy (ETR)'s stock rose 2.91%. Gateway Investment Advisers Llc holds 159,377 shares. Starbucks Corp now has $78.37 billion valuation. Looking back further, Allegion plc stock has been 1.35% over the last six months, and 2.88% since the start of the calendar year. About 795,579 shares traded or 14.47% up from the average. It has underperformed by 7.39% the S&P500. Over the past week, Camden Property Trust (NYSE:CPT) has performed -3.56%. Therefore 60% are positive. Liberty Property Trust had 22 analyst reports since October 28, 2015 according to SRatingsIntel. DA Davidson initiated the shares of CPT in report on Friday, September 18 with "Buy" rating.

Since August 7, 2017, it had 0 buys, and 8 insider sales for $2.88 million activity. As per Friday, December 18, the company rating was maintained by Compass Point. The rating was maintained by Morgan Stanley with "Equal-Weight" on Monday, November 13. The firm has "Neutral" rating given on Monday, December 19 by Susquehanna. The firm has "Buy" rating by Goldman Sachs given on Friday, March 10. The firm has "Buy" rating by BMO Capital Markets given on Wednesday, January 24. Below is a list of Camden Property Trust (NYSE:CPT) latest ratings and price target changes.

Gramercy Property Trust, Inc.is an equity real estate investment trust. The company has a market cap of $7,730.00, a price-to-earnings ratio of 50.55, a price-to-earnings-growth ratio of 3.27 and a beta of 0.34. The real estate investment trust reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $1.18 by ($0.27). It has a 53.66 P/E ratio. It is engaged in the ownership, development, acquisition, management, and disposition of multifamily residential apartment communities. Camden Property Trust also updated its FY18 guidance to $4.62-4.82 EPS. 4,478 shares valued at $395,963 were sold by Sengelmann William W. on Friday, January 5. Liberty Property Trust's dividend payout ratio (DPR) is presently 67.51%. $1.00M worth of stock was sold by STEWART H MALCOLM on Tuesday, August 8. Over the last quarter, insiders sold 126,297 shares of company stock worth $11,635,108. MCGUIRE WILLIAM B sold $290,318 worth of stock.

Investors sentiment increased to 1.4 in 2017 Q3. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.94 and a quick ratio of 1.94.


Institutional investors and hedge funds have recently bought and sold shares of the stock. 100 funds opened positions while 428 raised stakes. (NYSE:DPZ) by 234,155 shares to 6,836 shares, valued at $1.36M in 2017Q3, according to the filing. Blackrock reported 11.00M shares or 0.05% of all its holdings. Sg Americas Secs Llc stated it has 17,254 shares or 0.01% of all its holdings. Manufacturers Life Communication The holds 0.01% or 130,932 shares in its portfolio. Caisse De Depot Et Placement Du Quebec accumulated 0% or 13,500 shares. Of Toledo Na Oh reported 14,770 shares. Outstanding shares include restricted shares owned by the company's employees and officers as well as the public. Companies that have a market capitalization $300 million - $2 billion are classified as small-cap companies. Franklin Resources Incorporated reported 0.01% of its portfolio in Camden Property Trust (NYSE:CPT). WESTBROOK KELVIN R had sold 425 shares worth $37,579. About 532,815 shares traded. The Virginia-based Hendershot Invests has invested 1.27% in Gentex Corporation (NASDAQ:GNTX).

Analysts await Entergy Corporation (NYSE:ETR) to report earnings on February, 21. They expect $1.17 earnings per share, up 1.74% or $0.02 from last year's $1.15 per share. ETR's profit will be $86.52 million for 40.41 P/E if the $0.48 EPS becomes a reality.

Zacks tracked 8 analysts to create a quarterly consensus estimate of 0.52 for Gramercy Property Trust (NYSE:GPT).

GPT is now undervalued by -69.73% relative to the average 1-year price target of $80.73 taken from a group of Wall Street Analysts. The rating was maintained by Robert W. Baird on Monday, October 23 with "Outperform". The stock has "Hold" rating by Mizuho on Friday, October 27. The firm has "Buy" rating by Bank of America given on Tuesday, April 12. As per Monday, July 24, the company rating was downgraded by Craig Hallum. The firm has "Buy" rating by SunTrust given on Monday, January 22.

Related:

Comments

Latest news

Metlife Inc (NYSE:MET) Shares Sold by Texas Permanent School Fund
Zacks Investment Research downgraded Metlife from a "hold" rating to a "sell" rating in a research note on Tuesday, January 2nd. The figure allows investors to understand how effectively JPMorgan Chase & Co.is able to convert its money into net income.

Archaeologists discover new tomb in Giza
The tomb of Hetpet, which dates back 4,400 years, is covered in well-preserved and rare wall paintings, according to the BBC . Archaeologists will now continue to excavate the site and are hopeful that further tombs will be found.

Analyst Research Roundup: Corning Incorporated (GLW), Skyworks Solutions, Inc. (SWKS)
Staley Capital Advisers Inc acquired 64,228 shares as Corning Inc. 172,913 were accumulated by Sg Americas Ltd Liability Company. Tracking most recent quarter period, Price to book (P/B) ration is at 1.62 and Price to cash per share ration is at 5.67.

Alibaba's Ant Financial invests $200 mn in Zomato
Core ecommerce revenue increased 57 per cent to $11.3 billion and cloud computing revenue jumped 104 per cent to $553 million. The aforesaid equity shares have been agreed to be bought by Ant Small and Micro Financial Services Group.

Sawyer & Company Inc Acquires New Holdings in Fastenal
New York-based Tiaa Cref Inv Limited Liability has invested 0.01% in AECOM (NYSE:ACM). 20,905 are held by Private Advisor Gru Ltd. Shares of Nielsen Holdings plc (NLSN ) moved 2.44% in the recent trading day. 30 funds opened positions while 78 raised stakes.

Other news