Oak Thistle LLC Has $400,000 Stake in Camden Property Trust (NYSE:CPT)

Oak Thistle LLC decreased its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 52.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,449 shares of the real estate investment trust's stock after selling 3,784 shares during the quarter. Oak Thistle LLC's holdings in Camden Property Trust were worth $400,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CPT. American Century Companies Inc. raised its position in shares of Camden Property Trust by 690.1% during the 2nd quarter. American Century Companies Inc. now owns 248,533 shares of the real estate investment trust's stock worth $27,117,000 after purchasing an additional 217,076 shares during the period. Federated Hermes Inc. acquired a new stake in Camden Property Trust in the second quarter worth $33,000. Envestnet Asset Management Inc. lifted its stake in Camden Property Trust by 12.4% in the second quarter. Envestnet Asset Management Inc. now owns 222,545 shares of the real estate investment trust's stock valued at $24,282,000 after buying an additional 24,591 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Camden Property Trust by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,597,441 shares of the real estate investment trust's stock valued at $174,299,000 after acquiring an additional 54,475 shares during the period. Finally, Mutual of America Capital Management LLC grew its position in shares of Camden Property Trust by 17.0% during the second quarter. Mutual of America Capital Management LLC now owns 34,114 shares of the real estate investment trust's stock worth $3,722,000 after acquiring an additional 4,964 shares during the last quarter. Institutional investors own 97.22% of the company's stock.

Insider Transactions at Camden Property Trust

In other Camden Property Trust news, CEO Richard J. Campo sold 1,043 shares of Camden Property Trust stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $110.06, for a total transaction of $114,792.58. Following the transaction, the chief executive officer now directly owns 299,092 shares in the company, valued at approximately $32,918,065.52. The trade was a 0.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Heather J. Brunner sold 1,853 shares of the business's stock in a transaction on Monday, January 6th. The shares were sold at an average price of $114.50, for a total transaction of $212,168.50. Following the sale, the director now directly owns 10,537 shares in the company, valued at approximately $1,206,486.50. This trade represents a 14.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,413 shares of company stock valued at $2,895,718 over the last three months. Company insiders own 1.90% of the company's stock.

Camden Property Trust Price Performance

CPT stock traded down $0.01 on Friday, hitting $112.64. 1,064,946 shares of the company's stock traded hands, compared to its average volume of 842,586. The stock has a market cap of $12.02 billion, a price-to-earnings ratio of 35.65, a P/E/G ratio of 3.95 and a beta of 0.94. Camden Property Trust has a 1-year low of $90.50 and a 1-year 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 stock has a fifty day moving average of $118.49 and a 200-day moving average of $118.48.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Wednesday, December 18th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, December 18th. Camden Property Trust's payout ratio is 130.38%.

Analyst Upgrades and Downgrades

CPT has been the topic of several recent research reports. Mizuho cut their price objective on shares of Camden Property Trust from $129.00 to $125.00 and set an "outperform" rating on the stock in a research report on Monday, January 6th. Scotiabank reduced their price objective on Camden Property Trust from $132.00 to $130.00 and set a "sector perform" rating for the company in a research report on Thursday, November 14th. Jefferies Financial Group initiated coverage on Camden Property Trust in a research report on Friday, October 11th. They issued a "hold" rating and a $123.00 target price on the stock. StockNews.com lowered Camden Property Trust from a "hold" rating to a "sell" rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus lowered Camden Property Trust from a "buy" rating to a "hold" rating and raised their price target for the company from $120.00 to $121.00 in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, Camden Property Trust has an average rating of "Hold" and an average price target of $126.75.

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.