Aew Capital Management LP Position in Camden Property Trust (CPT) Raised as Valuation Rose …

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Aew Capital Management LP Position in Camden Property Trust (CPT) Raised as Valuation Rose …

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Aew Capital Management LP increased its stake in Camden Property Trust (CPT) by 45.43% based on its latest 2018Q4 regulatory filing with the SEC. Aew Capital Management LP bought 258,100 shares as the company’s stock rose 5.13% with the market. The hedge fund held 826,233 shares of the real estate investment trusts company at the end of 2018Q4, valued at $72.75M, up from 568,133 at the end of the previous reported quarter. Aew Capital Management LP who had been investing in Camden Property Trust for a number of months, seems to be bullish on the $10.10B market cap company. The stock increased 0.22% or $0.23 during the last trading session, reaching $102.62. About 386,662 shares traded. Camden Property Trust (NYSE:CPT) has risen 24.29% since April 14, 2018 and is uptrending. It has outperformed by 19.92% the S&P500. Some Historical CPT News: 16/03/2018 – DIGNITANA AB DIGN.ST – HAS BEGUN PROCESS OF OBTAINING A CURRENT PROCEDURAL TERMINOLOGY (CPT®) CODE FOR FDA-CLEARED SCALP COOLING SYSTEMS; 07/05/2018 – CPT TECHNOLOGY GROUP 000536.SZ SAYS APRIL CONSOLIDATED REVENUE AT 366.6 MLN YUAN, JAN-APR CONSOLIDATED REVENUE AT 1.5 BLN YUAN; 22/04/2018 – DJ Camden Property Trust, Inst Holders, 1Q 2018 (CPT); 09/04/2018 – CPT TECHNOLOGY 000536.SZ SAYS MARCH CONSOLIDATED REVENUE AT 337.8 MLN YUAN; 03/05/2018 – CAMDEN PROPERTY TRUST CPT.N – QTRLY AFFO PER DILUTED SHR $1.04; 03/05/2018 – Camden Property Trust 1Q Net $40.5M; 08/03/2018 – PACIFIC EDGE GETS APPROVAL FOR NEW CPT CODES FROM AMA; 03/05/2018 – CAMDEN PROPERTY TRUST CPT.N FY2018 FFO SHR VIEW $4.75 — THOMSON REUTERS l/B/E/S; 03/05/2018 – CAMDEN PROPERTY TRUST CPT.N – EXPECT 2018 SAME PROPERTY NOI GROWTH TO BE 2.7% AT MIDPOINT OF GUIDANCE RANGE, COMPARED TO ORIGINAL OUTLOOK OF 2.5%; 03/05/2018 – CAMDEN PROPERTY SEES 2Q FFO/SHR $1.16 TO $1.20, EST. $1.19

Lipe & Dalton decreased its stake in Synchrony Financial (SYF) by 28.83% based on its latest 2018Q4 regulatory filing with the SEC. Lipe & Dalton sold 34,002 shares as the company’s stock rose 22.86% with the market. The institutional investor held 83,932 shares of the consumer services company at the end of 2018Q4, valued at $1.97M, down from 117,934 at the end of the previous reported quarter. Lipe & Dalton who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $22.83B market cap company. The stock increased 1.16% or $0.38 during the last trading session, reaching $33. About 4.15 million shares traded. Synchrony Financial (NYSE:SYF) has declined 9.46% since April 14, 2018 and is downtrending. It has underperformed by 13.83% the S&P500. Some Historical SYF News: 17/05/2018 – S&PGR Affirms Synchrony Financial ‘BBB-‘ Rtg; Outlook Stable; 12/03/2018 – Moody’s Assigns Provisional Ratings To Synchrony’s 2018-1 Card Abs; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 21/04/2018 – DJ Synchrony Financial, Inst Holders, 1Q 2018 (SYF); 10/05/2018 – SYNCHRONY FINANCIAL – DEAL IS NOT EXPECTED TO HAVE MATERIAL IMPACT ON SYNCHRONY’S FINANCIAL RESULTS; 15/05/2018 – Synchrony: At April 30, 30 Days-Plus Past Due Percentage Was 4.3%; 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN CEMEX SAB DE CV- SEC FILING; 15/05/2018 – Synchrony: At April 30, Adjusted Net Charge-Off Rate Was 6.4%; 12/04/2018 – Synchrony Opens Emerging Tech Center at the University of Illinois to Develop Artificial Intelligence Solutions; 20/04/2018 – Synchrony Financial Closes Below 50-Day Moving Average

Aew Capital Management L P, which manages about $25.93B and $3.18 billion US Long portfolio, decreased its stake in Pennsylvania Real Estate Investment Trust (NYSE:PEI) by 93,000 shares to 3.39 million shares, valued at $20.15 million in 2018Q4, according to the filing. It also reduced its holding in Public Storage (NYSE:PSA) by 107,600 shares in the quarter, leaving it with 554,600 shares, and cut its stake in Acadia Realty Trust (NYSE:AKR).

Investors sentiment increased to 1.25 in 2018 Q4. Its up 0.12, from 1.13 in 2018Q3. It improved, as 23 investors sold CPT shares while 98 reduced holdings. 47 funds opened positions while 104 raised stakes. 85.48 million shares or 3.50% more from 82.60 million shares in 2018Q3 were reported. Price T Rowe Associate Inc Md reported 2.95M shares. Ameritas Inv Prtnrs holds 40,136 shares or 0.19% of its portfolio. Alphamark Advsrs Ltd stated it has 0.12% of its portfolio in Camden Property Trust (NYSE:CPT). Missouri-based Century Cos has invested 0.06% in Camden Property Trust (NYSE:CPT). Guggenheim Capital Limited Liability Corporation holds 0.04% or 58,110 shares. Daiwa Group Inc Incorporated stated it has 0.01% of its portfolio in Camden Property Trust (NYSE:CPT). Tiaa Cref Investment Management Ltd Co owns 456,861 shares. Barclays Public Ltd Co owns 187,466 shares or 0.01% of their US portfolio. Charles Schwab Invest Mngmt holds 0.08% or 1.11M shares. Cibc Asset Mgmt Inc reported 5,144 shares. Creative Planning has 3,284 shares for 0% of their portfolio. Oregon Employees Retirement Fund holds 0.03% of its portfolio in Camden Property Trust (NYSE:CPT) for 3.21 million shares. Meeder Asset owns 96 shares. Corda Invest Mngmt Limited owns 0.69% invested in Camden Property Trust (NYSE:CPT) for 64,001 shares. Fincl Bank holds 0.03% of its portfolio in Camden Property Trust (NYSE:CPT) for 2,500 shares.

Another recent and important Camden Property Trust (NYSE:CPT) news was published by Seekingalpha.com which published an article titled: “Camden Property’s 2019 Dividend Growth Is More Informative Than Its FFO/Share Guidance – Seeking Alpha” on February 26, 2019.

Since October 30, 2018, it had 0 insider purchases, and 6 sales for $15.93 million activity. Shares for $5.97M were sold by CAMPO RICHARD J on Monday, December 3. ODEN D KEITH sold $5.97M worth of Camden Property Trust (NYSE:CPT) on Monday, December 3. PAULSEN WILLIAM F sold 11,344 shares worth $1.01 million. $2.61M worth of stock was sold by STEWART H MALCOLM on Monday, December 3. Gallagher Michael P sold $173,754 worth of Camden Property Trust (NYSE:CPT) on Wednesday, November 21.

Lipe & Dalton, which manages about $260.93 million and $122.75 million US Long portfolio, upped its stake in Bristol (NYSE:BMY) by 7,551 shares to 74,078 shares, valued at $3.85 million in 2018Q4, according to the filing.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on April, 19. They expect $0.89 earnings per share, up 7.23% or $0.06 from last year’s $0.83 per share. SYF’s profit will be $615.58M for 9.27 P/E if the $0.89 EPS becomes a reality. After $1.09 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -18.35% negative EPS growth.

Camden Property Trust (NYSE:CPT) Institutional Positions Chart

Published at Sun, 14 Apr 2019 19:41:15 +0000