Camden Property Trust (NYSE:CPT) Coverage Initiated at Barclays

Equities research analysts at Barclays started coverage on shares of Camden Property Trust (NYSE:CPT - Get Free Report) in a research note issued on Tuesday, MarketBeat Ratings reports. The firm set an "overweight" rating and a $138.00 price target on the real estate investment trust's stock. Barclays's price target would indicate a potential upside of 16.36% from the company's current price.

CPT has been the topic of a number of other research reports. StockNews.com downgraded Camden Property Trust from a "hold" rating to a "sell" rating in a report on Friday, November 1st. BNP Paribas initiated coverage on Camden Property Trust in a research note on Wednesday, September 11th. They issued a "neutral" rating and a $129.00 price target on the stock. Wells Fargo & Company upgraded shares of Camden Property Trust from an "underweight" rating to an "equal weight" rating and boosted their target price for the company from $104.00 to $127.00 in a report on Monday, August 26th. Evercore ISI lifted their price target on shares of Camden Property Trust from $116.00 to $118.00 and gave the company an "in-line" rating in a research report on Monday, September 16th. Finally, Jefferies Financial Group initiated coverage on Camden Property Trust in a research note on Friday, October 11th. They issued a "hold" rating and a $123.00 price target on the stock. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Camden Property Trust has a consensus rating of "Hold" and a consensus target price of $125.81.

Camden Property Trust Trading Down 1.5 %

Shares of NYSE CPT traded down $1.76 during midday trading on Tuesday, hitting $118.60. 1,042,057 shares of the company traded hands, compared to its average volume of 961,372. Camden Property Trust has a 12-month low of $90.50 and a 12-month high of $127.69. The firm has a market cap of $12.65 billion, a P/E ratio of 37.53, a P/E/G ratio of 4.40 and a beta of 0.92. The stock has a 50-day moving average price of $120.62 and a 200 day moving average price of $117.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.15 and a current ratio of 0.15.

Institutional Trading of Camden Property Trust

Hedge funds have recently bought and sold shares of the stock. Verdence Capital Advisors LLC increased its holdings in Camden Property Trust by 5.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,379 shares of the real estate investment trust's stock worth $294,000 after acquiring an additional 113 shares in the last quarter. American Capital Advisory LLC increased its stake in shares of 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 worth $53,000 after purchasing an additional 128 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of Camden Property Trust by 6.1% during the 2nd quarter. Raymond James Trust N.A. now owns 2,516 shares of the real estate investment trust's stock valued at $275,000 after purchasing an additional 144 shares during the period. ProShare Advisors LLC lifted its stake in shares of Camden Property Trust by 0.5% during the 2nd quarter. ProShare Advisors LLC now owns 31,349 shares of the real estate investment trust's stock valued at $3,420,000 after buying an additional 146 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in Camden Property Trust by 1.6% in the 3rd quarter. MML Investors Services LLC now owns 9,294 shares of the real estate investment trust's stock worth $1,148,000 after buying an additional 147 shares during the period. Institutional investors own 97.22% of the company's stock.

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.