Camden Property Trust (NYSE:CPT) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of Camden Property Trust (NYSE:CPT - Free Report) by 45.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 407,784 shares of the real estate investment trust's stock after acquiring an additional 127,358 shares during the quarter. Barclays PLC owned about 0.38% of Camden Property Trust worth $50,371,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Kings Path Partners LLC acquired a new position in shares of Camden Property Trust during the second quarter worth $33,000. Federated Hermes Inc. acquired a new position in Camden Property Trust during the 2nd quarter valued at about $33,000. Family Firm Inc. purchased a new stake in Camden Property Trust in the second quarter valued at about $39,000. American Capital Advisory LLC raised its stake in Camden Property Trust by 42.7% in the third quarter. American Capital Advisory LLC now owns 428 shares of the real estate investment trust's stock valued at $53,000 after buying an additional 128 shares during the last quarter. Finally, Sentry Investment Management LLC purchased a new stake in shares of Camden Property Trust during the third quarter worth about $62,000. Institutional investors own 97.22% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on CPT shares. Piper Sandler increased their price objective on shares of Camden Property Trust from $110.00 to $128.00 and gave the company a "neutral" rating in a research report on Monday, August 26th. Jefferies Financial Group initiated coverage on shares of Camden Property Trust in a research note on Friday, October 11th. They set a "hold" rating and a $123.00 price objective for the company. Royal Bank of Canada reduced their target price on Camden Property Trust from $131.00 to $127.00 and set a "sector perform" rating for the company in a research note on Monday, November 4th. StockNews.com downgraded Camden Property Trust from a "hold" rating to a "sell" rating in a research note on Friday, November 1st. Finally, The Goldman Sachs Group assumed coverage on Camden Property Trust in a report on Wednesday, September 4th. They issued a "neutral" rating and a $139.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $122.50.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock traded down $0.75 during trading hours on Friday, reaching $120.20. The stock had a trading volume of 611,471 shares, compared to its average volume of 963,176. Camden Property Trust has a twelve month low of $90.50 and a twelve month high of $127.69. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $12.82 billion, a PE ratio of 38.04, a PEG ratio of 4.40 and a beta of 0.92. The stock's 50 day moving average is $120.61 and its 200 day moving average is $117.27.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Wednesday, December 18th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $4.12 dividend on an annualized basis and a yield of 3.43%. Camden Property Trust's dividend payout ratio is currently 130.38%.

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.