Camden Property Trust (NYSE:CPT) Shares Bought by Cwm LLC

Cwm LLC raised its stake in shares of Camden Property Trust (NYSE:CPT) by 20.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,541 shares of the real estate investment trust’s stock after buying an additional 430 shares during the period. Cwm LLC’s holdings in Camden Property Trust were worth $314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Camden Property Trust by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 17,291,878 shares of the real estate investment trust’s stock worth $1,701,521,000 after buying an additional 289,425 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Camden Property Trust by 5.0% in the 2nd quarter. Victory Capital Management Inc. now owns 4,314,030 shares of the real estate investment trust’s stock valued at $470,704,000 after purchasing an additional 206,654 shares during the period. Centersquare Investment Management LLC raised its holdings in Camden Property Trust by 64.2% during the 1st quarter. Centersquare Investment Management LLC now owns 2,296,741 shares of the real estate investment trust’s stock worth $228,939,000 after buying an additional 898,398 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Camden Property Trust by 3.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,597,441 shares of the real estate investment trust’s stock worth $174,299,000 after buying an additional 54,475 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Camden Property Trust by 0.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,472,881 shares of the real estate investment trust’s stock worth $144,933,000 after acquiring an additional 7,722 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on CPT shares. Wedbush lifted their target price on Camden Property Trust from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. boosted their price target on Camden Property Trust from $112.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. UBS Group raised their target price on Camden Property Trust from $109.00 to $117.00 and gave the company a “neutral” rating in a report on Thursday, July 18th. Royal Bank of Canada downgraded Camden Property Trust from an “outperform” rating to a “sector perform” rating and set a $122.00 price target on the stock. in a research report on Monday, September 9th. Finally, BNP Paribas assumed coverage on Camden Property Trust in a report on Wednesday, September 11th. They issued a “neutral” rating and a $129.00 price target for the company. Fifteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Camden Property Trust has a consensus rating of “Hold” and an average price target of $121.76.

Camden Property Trust Trading Down 2.2 %

Shares of CPT stock opened at $118.07 on Tuesday. The company has a market capitalization of $12.58 billion, a P/E ratio of 28.94, a P/E/G ratio of 4.51 and a beta of 0.90. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.72. Camden Property Trust has a 12-month low of $82.81 and a 12-month high of $127.69. The firm has a 50-day moving average price of $122.44 and a 200 day moving average price of $112.27.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.27). The company had revenue of $387.15 million during the quarter, compared to the consensus estimate of $384.76 million. Camden Property Trust had a return on equity of 7.98% and a net margin of 25.64%. During the same quarter last year, the firm earned $1.70 EPS. Research analysts forecast that Camden Property Trust will post 6.77 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Monday, September 30th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Monday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 100.98%.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.