Aew Capital Management L P Has $18.39 Million Stock Holdings in Camden Property Trust (NYSE:CPT)

Aew Capital Management L P grew its stake in Camden Property Trust (NYSE:CPT - Free Report) by 26.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,455 shares of the real estate investment trust's stock after buying an additional 32,870 shares during the quarter. Aew Capital Management L P owned 0.15% of Camden Property Trust worth $18,387,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Creative Planning increased its holdings in Camden Property Trust by 5.3% during the 3rd quarter. Creative Planning now owns 9,012 shares of the real estate investment trust's stock worth $1,113,000 after purchasing an additional 453 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of Camden Property Trust during the third quarter worth about $210,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Camden Property Trust by 70.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,416 shares of the real estate investment trust's stock worth $1,907,000 after buying an additional 6,361 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Camden Property Trust by 5.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,000 shares of the real estate investment trust's stock worth $371,000 after buying an additional 155 shares in the last quarter. Finally, New York State Teachers Retirement System raised its position in Camden Property Trust by 8.2% in the 3rd quarter. New York State Teachers Retirement System now owns 98,846 shares of the real estate investment trust's stock valued at $12,210,000 after buying an additional 7,517 shares during the last quarter. Institutional investors own 97.22% of the company's stock.

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Analysts Set New Price Targets

A number of research firms have weighed in on CPT. Evercore ISI upped their price target on Camden Property Trust from $118.00 to $127.00 and gave the stock an "in-line" rating in a research report on Monday, February 10th. Royal Bank of Canada increased their target price on shares of Camden Property Trust from $121.00 to $123.00 and gave the stock a "sector perform" rating in a report on Monday, February 10th. Wells Fargo & Company lowered their price target on shares of Camden Property Trust from $127.00 to $120.00 and set an "equal weight" rating on the stock in a research note on Friday, January 24th. Barclays increased their price objective on shares of Camden Property Trust from $126.00 to $130.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 19th. Finally, Scotiabank raised their price objective on Camden Property Trust from $130.00 to $135.00 and gave the company a "sector perform" rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Camden Property Trust currently has a consensus rating of "Hold" and an average target price of $126.53.

Insider Activity

In other Camden Property Trust news, CEO Richard J. Campo sold 7,324 shares of Camden Property Trust stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $114.50, for a total value of $838,598.00. Following the completion of the sale, the chief executive officer now owns 300,135 shares in the company, valued at $34,365,457.50. The trade was a 2.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Heather J. Brunner sold 1,853 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $114.50, for a total transaction of $212,168.50. Following the completion of the sale, the director now owns 10,537 shares of the company's stock, valued at approximately $1,206,486.50. The trade was a 14.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,413 shares of company stock valued at $2,895,718. 1.80% of the stock is owned by insiders.

Camden Property Trust Stock Performance

CPT traded up $1.24 during trading hours on Wednesday, reaching $124.48. The company's stock had a trading volume of 1,588,889 shares, compared to its average volume of 877,952. 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 company's 50-day moving average is $116.00 and its 200-day moving average is $119.50. Camden Property Trust has a 52 week low of $94.75 and a 52 week high of $127.69. The firm has a market cap of $13.29 billion, a PE ratio of 82.99, a price-to-earnings-growth ratio of 4.41 and a beta of 0.94.

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

Camden Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Monday, March 31st. This is a boost from Camden Property Trust's previous quarterly dividend of $1.03. Camden Property Trust's payout ratio is currently 280.00%.

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.