Printer Friendly

PaineWebber's Private Client Group adds Camden Property Trust to its Focus List.

NEW YORK--(BUSINESS WIRE)--Nov. 27, 1996--The Private Client Group (PCG), the retail division of PaineWebber Inc., announced today that it has added Camden Property Trust (NYSE: CPT) to its group of stocks known as the PaineWebber Focus List.

Designed to maximize potential returns and minimize losses, the Focus List is a dynamic, theoretical portfolio of no more than 30 carefully selected stocks. Although derived from those stocks rated buy or attractive by PaineWebber Research, the Focus List itself is developed by a committee made up primarily of senior PaineWebber PCG professionals who employ stringent selection criteria based on fundamental, quantitative and technical analysis. A stock is removed from the list when one of two things happens: the PaineWebber analyst downgrades the stock, or the proprietary Stop-Loss discipline developed by the Focus List committee indicates that the price threshold has been violated.

Camden Property Trust, headquartered in Houston, owns and operates apartment properties in Texas and Arizona. The company reported 1995 rental revenues of $92.3 million and funds from operations (FFO) of $2.16 per share. For 1996, PaineWebber estimates funds from operations (FFO) will be $2.40 per share.

PaineWebber Inc. is one of the nation's leading full-service securities firms. With 299 offices and 5,980 investment executives, it serves the investment and capital needs of a worldwide client base. A complete list of stocks on the Focus List, and additional information about these stocks, can be obtained by contacting any investment executive at any PaineWebber office. -0-

CPT 11/26/96 27 1/2 ATTRACTIVE

CONTACT: PaineWebber Inc., New York

Christene Kauffman, 212/713-8511
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 27, 1996
Words:267
Previous Article:Harbour Releases Jenner Results.
Next Article:Nichols Research Corporation announces Nichols InfoTec Leadership.
Topics:


Related Articles
Employment Outlook Strong.
Fitch Rts Camden Property Trust $200MM Sr Note Offering 'BBB'.
OpsXchange, Inc., Secures Third Round Financing Led by New Strategic Investors; Investors Include Trio of Real Estate Industry Heavyweights.
Camden Property Trust Announces Dividend Increase and Sets Date for Annual Shareholder Meeting.
Camden Property Trust Breaks Ground On Houston Apartment Community.
Fitch Ratings Affirms Camden Property Trust.
Fitch Rates Camden Property Trust's $150MM Note Offering 'BBB'.
Corporate Profile for Camden Property Trust, dated June 21, 2002.
Stunning growth shakes up top 50; NMHC's annual ranking of the top 50 apartment firms reflects the past year's frenzied pace of property sales.
Camden Property Trust Announces Newest Community in Metro DC Area.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters