Large Outflow of Money Witnessed in Camden Property Trust

Camden Property Trust (NYSE:CPT) traded on a positive note gaining 0.8 points or 0.99% to be valued at $81.61 per share. Intraday, the shares aggregated $9.9 million in upticks but saw an exodus of $11.54 million in downticks. The net money flow was calculated to be $(-1.64) million with the final up/down ratio coming in at 0.86. The share price has seen a change of -0.55% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $3.14 million in downticks. The net money flow for the block exchange was disappointing at $(-3.14) Million.


Currently the company Insiders own 5% of Camden Property Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.51% . Institutional Investors own 96.55% of Camden Property Trust shares. During last six month period, the net percent change held by insiders has seen a change of -20.28%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP – Finance & CFO) of Camden Property Trust, Jessett Alexander J. had sold 11,936 shares worth of $1,015,396 in a transaction dated May 27, 2016. In this transaction, 11,936 shares were sold at $85.07 per share.

Camden Property Trust (NYSE:CPT) : On Monday heightened volatility was witnessed in Camden Property Trust (NYSE:CPT) which led to swings in the share price. The stock opened for trading at $81.03 and hit $81.93 on the upside , eventually ending the session at $81.61, with a gain of 0.99% or 0.8 points. The heightened volatility saw the trading volume jump to 643,533 shares. The 52-week high of the share price is $87.19 and the company has a market cap of $7,100 million. The 52-week low of the share price is at $67.27 .

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm SunTrust Robinson Humphrey downgrades its rating on Camden Property Trust (NYSE:CPT). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 2, 2016.

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. The Companies properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with various amenities common to multifamily rental properties. As of December 31, 2014, the Company owned interests in, operated or was developing 181 multifamily properties consisting of 63,163 apartment homes across the United States. The Companys properties include Camden Copper Square, Camden Montierra, Camden Sea Palms, Camden Tuscany, Camden Belleview Station, Camden Denver West, Camden Fallsgrove, Camden Summerfield, Camden Bay, Camden Brookwood and Camden Ballantyne, among others.

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