Barclays PLC Has $22.97 Million Holdings in Camden Property Trust (NYSE:CPT)

Barclays PLC lowered its position in shares of Camden Property Trust (NYSE:CPT - Free Report) by 51.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,983 shares of the real estate investment trust's stock after selling 209,801 shares during the quarter. Barclays PLC owned approximately 0.19% of Camden Property Trust worth $22,974,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. grew its holdings in shares of Camden Property Trust by 6.5% during the fourth quarter. Federated Hermes Inc. now owns 1,466 shares of the real estate investment trust's stock worth $170,000 after purchasing an additional 90 shares during the last quarter. UMB Bank n.a. raised its holdings 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 valued at $26,000 after buying an additional 98 shares during the last quarter. First American Bank grew its holdings in Camden Property Trust by 1.0% during the 4th quarter. First American Bank now owns 10,846 shares of the real estate investment trust's stock worth $1,259,000 after acquiring an additional 104 shares during the last quarter. Fisher Asset Management LLC increased its position in Camden Property Trust by 2.5% in the 4th quarter. Fisher Asset Management LLC now owns 4,297 shares of the real estate investment trust's stock valued at $499,000 after acquiring an additional 105 shares in the last quarter. Finally, Doliver Advisors LP increased its position in Camden Property Trust by 6.7% in the 4th quarter. Doliver Advisors LP now owns 1,801 shares of the real estate investment trust's stock valued at $209,000 after acquiring an additional 113 shares in the last quarter. 97.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

CPT has been the topic of several research analyst reports. Citigroup raised shares of Camden Property Trust from a "neutral" rating to a "buy" rating and increased their price target for the company from $125.00 to $138.00 in a research note on Friday, March 28th. Jefferies Financial Group raised Camden Property Trust from a "hold" rating to a "buy" rating and lifted their target price for the company from $117.00 to $139.00 in a research note on Monday, March 10th. Mizuho dropped their target price on Camden Property Trust from $129.00 to $125.00 and set an "outperform" rating for the company in a research report on Monday, January 6th. Truist Financial lifted their price objective on Camden Property Trust from $122.00 to $129.00 and gave the stock a "buy" rating in a research report on Monday, March 10th. Finally, Stifel Nicolaus upped their target price on shares of Camden Property Trust from $121.00 to $122.00 and gave the company a "hold" rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Camden Property Trust presently has an average rating of "Hold" and a consensus target price of $127.61.

Camden Property Trust Stock Performance

Shares of CPT traded up $0.91 during midday trading on Wednesday, reaching $114.07. The stock had a trading volume of 814,800 shares, compared to its average volume of 916,389. The firm has a market cap of $12.41 billion, a PE ratio of 76.05, a P/E/G ratio of 4.41 and a beta of 0.79. The firm has a 50 day simple moving average of $117.73 and a 200-day simple moving average of $117.72. Camden Property Trust has a one year low of $97.12 and a one year high of $127.69. The company has a current ratio of 0.14, a quick ratio of 0.15 and a debt-to-equity ratio of 0.73.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.05. Camden Property Trust had a return on equity of 3.35% and a net margin of 10.58%. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a $1.05 dividend. This is an increase from Camden Property Trust's previous quarterly dividend of $1.03. This represents a $4.20 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend was Monday, March 31st. Camden Property Trust's payout ratio is currently 280.00%.

About Camden Property Trust

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.