Large Outflow of Money Witnessed in Camden Property Trust

Camden Property Trust (CPT) : Money flow in the Camden Property Trust (CPT) stock was negative (2.76 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $3.61 million, compared to $6.37 million on downticks. The total uptick to downtick ratio was 0.57, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($3.3 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $3.3 million, indicating persistent selling. Camden Property Trust (CPT) traded $0.1 higher at $87.77 gaining 0.11% over the previous days close.


Camden Property Trust is up 7.95% in the last 3-month period. Year-to-Date the stock performance stands at 16.62%. Camden Property Trust has dropped 2.62% in the last five trading days, however, the shares have posted positive gains of 5.82% in the last 4 weeks. In a related news,The Officer (Evp – Real Estate Investments) of CAMDEN PROPERTY TRUST, Sengelmann William W. sold 2,398 shares at $84.5 on June 24, 2016. The Insider selling transaction had a total value worth of $202,631. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Camden Property Trust (NYSE:CPT): stock turned positive on Monday. Though the stock opened at $87.89, the bulls momentum made the stock top out at $88.175 level for the day. The stock recorded a low of $87.35 and closed the trading day at $87.92, in the green by 0.29%. The total traded volume for the day was 343,456. The stock had closed at $87.67 in the previous days trading.

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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