4,300 Shares in Camden Property Trust (NYSE:CPT) Bought by Unigestion Holding SA

Unigestion Holding SA bought a new position in Camden Property Trust (NYSE:CPT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 4,300 shares of the real estate investment trust's stock, valued at approximately $499,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CPT. UMB Bank n.a. increased its stake in shares of Camden Property Trust by 76.6% in the fourth quarter. UMB Bank n.a. now owns 226 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 98 shares during the period. National Pension Service bought a new position in Camden Property Trust in the 4th quarter worth approximately $26,000. Quent Capital LLC lifted its holdings in shares of Camden Property Trust by 87.0% during the fourth quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock worth $28,000 after buying an additional 114 shares during the last quarter. IAG Wealth Partners LLC bought a new stake in shares of Camden Property Trust in the fourth quarter valued at approximately $29,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of Camden Property Trust in the third quarter worth $38,000. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Price Performance

Shares of NYSE CPT traded down $0.21 during trading on Friday, reaching $107.85. The company had a trading volume of 1,358,648 shares, compared to its average volume of 911,640. Camden Property Trust has a 52 week low of $94.75 and a 52 week high of $127.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14. The business's 50 day moving average price is $118.72 and its 200-day moving average price is $118.25. The stock has a market cap of $11.73 billion, a PE ratio of 71.90, a PEG ratio of 4.41 and a beta of 0.79.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its earnings results on Thursday, February 6th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $1.68 by $0.05. Camden Property Trust had a return on equity of 3.35% and a net margin of 10.58%. Analysts expect that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Monday, March 31st. This is a positive change from Camden Property Trust's previous quarterly dividend of $1.03. Camden Property Trust's dividend payout ratio (DPR) is 280.00%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CPT shares. Stifel Nicolaus increased their price target on shares of Camden Property Trust from $121.00 to $122.00 and gave the company a "hold" rating in a report on Friday, February 7th. StockNews.com upgraded shares of Camden Property Trust from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th. Citigroup upgraded Camden Property Trust from a "neutral" rating to a "buy" rating and boosted their price target for the company from $125.00 to $138.00 in a research note on Friday, March 28th. Wells Fargo & Company reduced their price objective on Camden Property Trust from $127.00 to $120.00 and set an "equal weight" rating for the company in a research report on Friday, January 24th. Finally, Barclays lowered their price objective on Camden Property Trust from $130.00 to $127.00 and set an "overweight" rating on the stock in a research report on Friday. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $127.61.

Camden Property Trust 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.