Tredje AP fonden Sells 8,543 Shares of Camden Property Trust (NYSE:CPT)

Tredje AP fonden decreased its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 50.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,543 shares of the real estate investment trust's stock after selling 8,543 shares during the quarter. Tredje AP fonden's holdings in Camden Property Trust were worth $991,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CPT. UMB Bank n.a. boosted its holdings in 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 purchasing an additional 98 shares during the last quarter. First American Bank grew its holdings in shares of Camden Property Trust by 1.0% during the fourth quarter. First American Bank now owns 10,846 shares of the real estate investment trust's stock valued at $1,259,000 after purchasing an additional 104 shares during the last quarter. Fisher Asset Management LLC increased its position in Camden Property Trust by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 4,297 shares of the real estate investment trust's stock worth $499,000 after buying an additional 105 shares during the period. Doliver Advisors LP lifted its stake in Camden Property Trust by 6.7% in the fourth quarter. Doliver Advisors LP now owns 1,801 shares of the real estate investment trust's stock valued at $209,000 after buying an additional 113 shares during the last quarter. Finally, Quent Capital LLC boosted its holdings in shares of Camden Property Trust by 87.0% during the fourth quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock valued at $28,000 after acquiring an additional 114 shares during the period. Institutional investors and hedge funds own 97.22% of the company's stock.

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Camden Property Trust Trading Up 0.2 %

Shares of NYSE CPT traded up $0.23 during mid-day trading on Wednesday, hitting $119.82. 1,050,912 shares of the company traded hands, compared to its average volume of 857,846. The business has a 50 day moving average of $117.06 and a two-hundred day moving average of $119.35. The company has a quick ratio of 0.15, a current ratio of 0.14 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $12.79 billion, a price-to-earnings ratio of 79.88, a PEG ratio of 4.41 and a beta of 0.94. Camden Property Trust has a 1 year low of $94.75 and a 1 year high of $127.69.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced 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 net margin of 10.58% and a return on equity of 3.35%. On average, sell-side analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal 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 paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.51%. The ex-dividend date is Monday, March 31st. This is a positive change from Camden Property Trust's previous quarterly dividend of $1.03. Camden Property Trust's dividend payout ratio is currently 280.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CPT shares. Stifel Nicolaus increased their price objective on shares of Camden Property Trust from $121.00 to $122.00 and gave the stock a "hold" rating in a report on Friday, February 7th. Scotiabank lifted their price target on Camden Property Trust from $130.00 to $135.00 and gave the company a "sector perform" rating in a report on Friday, February 14th. Jefferies Financial Group raised Camden Property Trust from a "hold" rating to a "buy" rating and increased their price objective for the stock from $117.00 to $139.00 in a report on Monday, March 10th. Royal Bank of Canada lifted their target price on 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. Finally, Mizuho lowered their price target on Camden Property Trust from $129.00 to $125.00 and set an "outperform" rating on the stock in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $127.19.

Insider Transactions at Camden Property Trust

In related news, CFO Alexander J. Jessett sold 13,067 shares of the business's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $114.50, for a total value of $1,496,171.50. Following the completion of the sale, the chief financial officer now directly owns 124,246 shares in the company, valued at approximately $14,226,167. The trade was a 9.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Heather J. Brunner sold 264 shares of the business's stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $110.06, for a total transaction of $29,055.84. Following the completion of the sale, the director now owns 10,273 shares of the company's stock, valued at $1,130,646.38. The trade was a 2.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,548 shares of company stock valued at $2,912,212. 1.80% of the stock is owned by insiders.

Camden Property Trust 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.