Camden Property Trust(NYSE:CPT) Declares Dividend of $4.2500.

Camden Property Trust (NYSE:CPT) had declared a cash dividend of $4.2500 on Sep 12, 2016. The shares will quote ex-dividend on Sep 21, 2016 and the record date has been fixed for Sep 23, 2016. On Sep 12, 2016 share price, the yield comes out to be 4.8963%. The dividend payable date has been fixed on Sep 30, 2016.

In a different note, BTIG Research said it Initiates Coverage on Camden Property Trust, according to a research note issued on Aug 25, 2016. The shares have been rated ‘Neutral’ by the firm. On Aug 12, 2016, Barclays said it Maintains its rating on Camden Property Trust. In the research note, the firm Raises the price-target to $92.00 per share. The shares have been rated ‘Overweight’ by the firm. On Aug 10, 2016, Baird said it Downgrades its rating on Camden Property Trust. The shares have been rated ‘Neutral’ by the firm. On Aug 4, 2016, Citigroup said it Maintains its rating on Camden Property Trust. In the research note, the firm Raises the price-target to $87.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 1, 2016, Mizuho Securities said it Downgrades its rating on Camden Property Trust. In the research note, the firm Raises the price-target to $92.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 19, 2016, Barclays said it Maintains its rating on Camden Property Trust. In the research note, the firm Raises the price-target to $91.00 per share. The shares have been rated ‘Overweight’ by the firm.

Camden Property Trust (CPT) made into the market gainers list on Tuesdays trading session with the shares advancing 0.33% or 0.29 points. Due to strong positive momentum, the stock ended at $87.7, which is also near the day’s high of $88.36. The stock began the session at $87.97 and the volume stood at 7,22,690 shares. The 52-week high of the shares is $90.91 and the 52 week low is $67.27. The company has a current market capitalization of $7,666 M and it has 8,74,12,187 shares in outstanding.

Camden Property Trust(CPT) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $221.48M. Analysts had an estimated revenue of $220.29M. Earnings per share were $0.99. Analysts had estimated an EPS of $1.15.

Several Insider Transactions has been reported to the SEC. On Sep 9, 2016, H Malcolm Stewart (Chief Operating Officer) sold 11,122 shares at $89.68 per share price.Also, On Aug 4, 2016, D Keith Oden (President) sold 22,318 shares at $88.33 per share price.On Aug 4, 2016, Richard J Campo (Chairman and CEO) sold 22,318 shares at $88.33 per share price, according to the Form-4 filing with the securities and exchange commission.

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 63163 apartment homes across the United States. The Company’s 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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