SM Energy Co (SM) Is At $17.07 Formed Wedge, 10 Bullish Analysts Covering Camden Property Trust (CPT)

July 17, 2017 - By Michael Collier

Among 19 analysts covering Camden Property (NYSE:CPT), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Camden Property had 42 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets downgraded Camden Property Trust (NYSE:CPT) on Monday, October 26 to “Underperform” rating. The firm earned “Underperform” rating on Friday, October 30 by BMO Capital Markets. On Thursday, January 5 the stock rating was upgraded by Mitsubishi UFJ to “Neutral”. SunTrust downgraded the stock to “Neutral” rating in Thursday, June 2 report. The firm has “Hold” rating given on Monday, August 24 by Zacks. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Friday, December 16. The firm has “Hold” rating by Citigroup given on Monday, May 9. The firm has “Sell” rating by UBS given on Tuesday, September 13. The stock has “Buy” rating by Mizuho on Monday, March 21. BMO Capital Markets maintained Camden Property Trust (NYSE:CPT) on Friday, May 5 with “Hold” rating. See Camden Property Trust (NYSE:CPT) latest ratings:

14/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $91.0000 Maintain
03/07/2017 Broker: BMO Capital Markets Rating: Buy New Target: $89.0000 Maintain
13/06/2017 Broker: KeyBanc Capital Markets Old Rating: Sector Weight New Rating: Overweight Upgrade
25/05/2017 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Old Target: $83 Upgrade
18/05/2017 Broker: Evercore Old Rating: In-Line New Rating: Outperform Upgrade
05/05/2017 Broker: BMO Capital Markets Rating: Hold New Target: $81.00 Maintain
30/03/2017 Broker: RBC Capital Markets Rating: Buy New Target: $90.00 Maintain
10/03/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Old Target: $84.00 New Target: $94.00 Upgrade
23/01/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal Weight Old Target: $89.00 New Target: $83.00 Downgrade

SM Energy Co (SM) formed wedge down with $16.56 target or 3.00% below today’s $17.07 share price. SM Energy Co (SM) has $1.88 billion valuation. It closed at $17.07 lastly. It is down 24.40% since July 17, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

Since February 27, 2017, it had 0 buys, and 3 selling transactions for $1.62 million activity. 2,227 shares valued at $194,141 were sold by PAULSEN WILLIAM F on Tuesday, June 13. PARKER F GARDNER also sold $60,043 worth of Camden Property Trust (NYSE:CPT) shares. Shares for $1.37 million were sold by Sengelmann William W. on Monday, February 27.

Camden Property Trust is a real estate investment trust . The company has market cap of $7.68 billion. The Firm is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. It has a 18.1 P/E ratio. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States.

It closed at $86.37 lastly. It is down 3.41% since July 17, 2016 and is uptrending. It has underperformed by 13.29% the S&P500.

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.25, from 0.99 in 2016Q3. It is positive, as 17 investors sold Camden Property Trust shares while 108 reduced holdings. 47 funds opened positions while 108 raised stakes. 84.01 million shares or 9.97% less from 93.32 million shares in 2016Q3 were reported. Mai Capital Mgmt owns 7,077 shares or 0.04% of their US portfolio. Fjarde Ap has 0.05% invested in Camden Property Trust (NYSE:CPT). Princeton Alpha Management Limited Partnership reported 13,061 shares. 162,700 are held by Virginia Retirement Et Al. 555,000 are held by Capital World Invsts. Wells Fargo Company Mn owns 201,214 shares. Allianz Asset Mgmt Ag holds 8,839 shares. 514,403 are owned by Credit Suisse Ag. Glg Lc invested in 0.03% or 4,805 shares. Blackrock Japan Ltd invested in 0.03% or 112,148 shares. Maryland-based Profund Advisors Limited has invested 0.06% in Camden Property Trust (NYSE:CPT). 6,563 are owned by Ww Asset Mgmt Inc. Henderson Group Public Limited Co holds 0.01% or 8,298 shares in its portfolio. 2,827 are held by Axa. 4,652 were accumulated by Linscomb Williams Incorporated.

Since February 27, 2017, it had 14 insider buys, and 0 selling transactions for $2.00 million activity. Another trade for 10,000 shares valued at $256,902 was bought by SULLIVAN WILLIAM D. Ottoson Javan D had bought 2,000 shares worth $32,888. The insider Vogel Herbert S bought 3,000 shares worth $49,806. $35,094 worth of stock was bought by PERU RAMIRO G on Wednesday, March 8. Copeland David W had bought 10,000 shares worth $252,200. The insider LEIKER LOREN M bought $491,472. Another trade for 20,000 shares valued at $491,800 was bought by Quintana Julio M.

Analysts await SM Energy Co (NYSE:SM) to report earnings on August, 3 after the close. They expect $-0.31 earnings per share, up 29.55% or $0.13 from last year’s $-0.44 per share. After $0.18 actual earnings per share reported by SM Energy Co for the previous quarter, Wall Street now forecasts -272.22% negative EPS growth.

Investors sentiment increased to 2.06 in 2016 Q4. Its up 0.02, from 2.04 in 2016Q3. It is positive, as 27 investors sold SM Energy Co shares while 58 reduced holdings. 58 funds opened positions while 117 raised stakes. 97.77 million shares or 14.16% more from 85.64 million shares in 2016Q3 were reported. California State Teachers Retirement Systems accumulated 0.01% or 206,696 shares. Moreover, Comerica Savings Bank has 0.03% invested in SM Energy Co (NYSE:SM) for 112,825 shares. Swiss National Bank & Trust accumulated 157,950 shares. Bluecrest holds 0.25% or 130,034 shares. Columbia Pacific Advsrs Limited Company, Washington-based fund reported 118,502 shares. Virginia Retirement Et Al invested in 55,800 shares or 0.03% of the stock. Sunbelt Secs Incorporated holds 160 shares. Creative Planning invested in 0% or 1,474 shares. 365,509 are owned by Jpmorgan Chase Com. Amalgamated National Bank & Trust reported 13,972 shares. Wells Fargo And Communication Mn accumulated 427,682 shares. Citadel Advsr holds 0.02% or 649,426 shares. Kanaly Trust has invested 0.08% in SM Energy Co (NYSE:SM). Ls Ltd Liability Co stated it has 0.15% of its portfolio in SM Energy Co (NYSE:SM). Peconic Ptnrs Limited Liability stated it has 100,000 shares.

Among 21 analysts covering SM Energy (NYSE:SM), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. SM Energy has $59 highest and $14 lowest target. $31.53’s average target is 84.71% above currents $17.07 stock price. SM Energy had 53 analyst reports since July 21, 2015 according to SRatingsIntel. Williams Capital Group initiated SM Energy Co (NYSE:SM) on Monday, August 29 with “Buy” rating. The company was maintained on Wednesday, August 10 by Deutsche Bank. As per Wednesday, June 21, the company rating was maintained by BMO Capital Markets. The rating was downgraded by Guggenheim on Thursday, April 21 to “Neutral”. The firm earned “Market Perform” rating on Wednesday, November 18 by BMO Capital Markets. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, October 19. The rating was initiated by Cantor Fitzgerald on Wednesday, December 23 with “Hold”. The stock of SM Energy Co (NYSE:SM) earned “Neutral” rating by Bank of America on Thursday, May 11. The firm has “Hold” rating given on Friday, March 11 by Deutsche Bank. The rating was upgraded by KeyBanc Capital Markets on Wednesday, August 10 to “Overweight”.

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