Cbre Investment Management Listed Real Assets LLC Purchases 150,491 Shares of Camden Property Trust (NYSE:CPT)

Cbre Investment Management Listed Real Assets LLC lifted its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 66.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 375,753 shares of the real estate investment trust's stock after buying an additional 150,491 shares during the period. Cbre Investment Management Listed Real Assets LLC owned about 0.35% of Camden Property Trust worth $43,602,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Advisor Group LLC purchased a new position in Camden Property Trust during the 3rd quarter valued at about $210,000. Wealth Enhancement Advisory Services LLC boosted 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 purchasing an additional 155 shares during the period. First Trust Direct Indexing L.P. purchased a new position in Camden Property Trust during the third quarter valued at approximately $248,000. US Bancorp DE increased its stake in Camden Property Trust by 19.9% in the 3rd quarter. US Bancorp DE now owns 8,370 shares of the real estate investment trust's stock valued at $1,034,000 after buying an additional 1,387 shares during the period. Finally, Van ECK Associates Corp increased its stake in Camden Property Trust by 10.6% in the 3rd quarter. Van ECK Associates Corp now owns 49,730 shares of the real estate investment trust's stock valued at $5,999,000 after buying an additional 4,778 shares during the period. Hedge funds and other institutional investors own 97.22% of the company's stock.

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Analyst Upgrades and Downgrades

Several research analysts have weighed in on CPT shares. StockNews.com lowered shares of Camden Property Trust from a "hold" rating to a "sell" rating in a research note on Saturday. JPMorgan Chase & Co. lowered shares of Camden Property Trust from a "neutral" rating to an "underweight" rating and dropped their price objective for the company from $129.00 to $128.00 in a research note on Tuesday, December 17th. Royal Bank of Canada upped their price objective on shares of Camden Property Trust from $121.00 to $123.00 and gave the company a "sector perform" rating in a research note on Monday, February 10th. Evercore ISI upped their price objective on shares of Camden Property Trust from $118.00 to $127.00 and gave the company an "in-line" rating in a research note on Monday, February 10th. Finally, Stifel Nicolaus increased their price target on shares of Camden Property Trust from $121.00 to $122.00 and gave the stock a "hold" rating in a research note on Friday, February 7th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $126.53.

Insider Buying and Selling at Camden Property Trust

In other news, Director Heather J. Brunner sold 264 shares of the business's stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $110.06, for a total value of $29,055.84. Following the completion of the sale, the director now owns 10,273 shares of the company's stock, valued at approximately $1,130,646.38. The trade was a 2.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Richard J. Campo sold 7,324 shares of the business's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $114.50, for a total transaction of $838,598.00. Following the completion of the sale, the chief executive officer now directly owns 300,135 shares of the company's stock, valued at approximately $34,365,457.50. The trade was a 2.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,413 shares of company stock worth $2,895,718 over the last ninety days. Insiders own 1.80% of the company's stock.

Camden Property Trust Stock Down 0.4 %

CPT traded down $0.44 during trading on Friday, reaching $121.38. 731,214 shares of the stock were exchanged, compared to its average volume of 871,340. The stock has a market cap of $12.96 billion, a P/E ratio of 80.92, a price-to-earnings-growth ratio of 4.41 and a beta of 0.94. Camden Property Trust has a twelve month low of $94.75 and a twelve month high of $127.69. The stock's 50 day moving average price is $116.39 and its two-hundred day moving average price is $119.56. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its 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 net margin of 10.58% and a return on equity of 3.35%. Equities analysts expect 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 will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be 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 3.46%. The ex-dividend date of this dividend is Monday, March 31st. 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.