Camden Property Trust (NYSE:CPT) is Investure LLC's 9th Largest Position

Investure LLC boosted its position in Camden Property Trust (NYSE:CPT - Free Report) by 15.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 182,728 shares of the real estate investment trust's stock after purchasing an additional 24,478 shares during the period. Camden Property Trust comprises 1.3% of Investure LLC's holdings, making the stock its 9th largest position. Investure LLC owned about 0.17% of Camden Property Trust worth $21,204,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. SMART Wealth LLC acquired a new position in shares of Camden Property Trust during the 3rd quarter worth approximately $829,000. Nordea Investment Management AB raised its position in shares of Camden Property Trust by 15.0% in the fourth quarter. Nordea Investment Management AB now owns 97,907 shares of the real estate investment trust's stock valued at $11,339,000 after purchasing an additional 12,805 shares during the period. Franklin Resources Inc. lifted its stake in shares of Camden Property Trust by 3.2% during the 3rd quarter. Franklin Resources Inc. now owns 193,685 shares of the real estate investment trust's stock worth $23,174,000 after buying an additional 5,985 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Camden Property Trust by 10.5% during the 3rd quarter. Principal Financial Group Inc. now owns 538,876 shares of the real estate investment trust's stock worth $66,563,000 after buying an additional 51,097 shares during the period. Finally, Atomi Financial Group Inc. grew its stake in Camden Property Trust by 7.7% in the 4th quarter. Atomi Financial Group Inc. now owns 2,335 shares of the real estate investment trust's stock valued at $271,000 after buying an additional 166 shares during the last quarter. Institutional investors own 97.22% of the company's stock.

Camden Property Trust Stock Performance

Shares of NYSE CPT traded up $2.80 during trading on Tuesday, reaching $113.61. 240,192 shares of the stock traded hands, compared to its average volume of 912,924. The stock has a market capitalization of $12.36 billion, a P/E ratio of 75.99, a price-to-earnings-growth ratio of 4.41 and a beta of 0.79. The company has a 50-day moving average of $117.85 and a 200-day moving average of $117.75. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.14 and a quick ratio of 0.15. Camden Property Trust has a 52-week low of $95.99 and a 52-week high of $127.69.

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

Camden Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.70%. This is a boost from Camden Property Trust's previous quarterly dividend of $1.03. The ex-dividend date was Monday, March 31st. Camden Property Trust's dividend payout ratio is presently 280.00%.

Wall Street Analyst Weigh In

CPT has been the subject of several recent research reports. Jefferies Financial Group raised Camden Property Trust from a "hold" rating to a "buy" rating and upped their price objective for the company from $117.00 to $139.00 in a report on Monday, March 10th. StockNews.com upgraded shares of Camden Property Trust from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th. Royal Bank of Canada boosted 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 report on Monday, February 10th. Barclays dropped their price target on shares of Camden Property Trust from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Finally, Wells Fargo & Company lowered their price objective on 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. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Camden Property Trust currently has a consensus rating of "Hold" and a consensus target price of $127.61.

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.