Versor Investments LP Has $2.64 Million Position in Camden Property Trust (NYSE:CPT)

Versor Investments LP raised its position in shares of Camden Property Trust (NYSE:CPT - Free Report) by 319.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,400 shares of the real estate investment trust's stock after buying an additional 16,300 shares during the quarter. Camden Property Trust comprises 0.4% of Versor Investments LP's portfolio, making the stock its 23rd largest position. Versor Investments LP's holdings in Camden Property Trust were worth $2,644,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CPT. Security National Bank increased its position in Camden Property Trust by 1.2% in the second quarter. Security National Bank now owns 8,267 shares of the real estate investment trust's stock worth $902,000 after buying an additional 101 shares during the period. William Blair Investment Management LLC raised its stake in Camden Property Trust by 3.8% during the 1st quarter. William Blair Investment Management LLC now owns 3,002 shares of the real estate investment trust's stock valued at $295,000 after acquiring an additional 109 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Camden Property Trust by 5.0% in the third quarter. Verdence Capital Advisors LLC now owns 2,379 shares of the real estate investment trust's stock worth $294,000 after purchasing an additional 113 shares in the last quarter. American Capital Advisory LLC increased its holdings in shares of Camden Property Trust by 42.7% during the third quarter. American Capital Advisory LLC now owns 428 shares of the real estate investment trust's stock valued at $53,000 after purchasing an additional 128 shares during the period. Finally, Raymond James Trust N.A. raised its stake in shares of Camden Property Trust by 6.1% during the second quarter. Raymond James Trust N.A. now owns 2,516 shares of the real estate investment trust's stock valued at $275,000 after purchasing an additional 144 shares in the last quarter. Institutional investors own 97.22% of the company's stock.

Analyst Ratings Changes

CPT has been the topic of several research analyst reports. BNP Paribas assumed coverage on shares of Camden Property Trust in a research note on Wednesday, September 11th. They set a "neutral" rating and a $129.00 target price on the stock. Truist Financial boosted their target price on shares of Camden Property Trust from $122.00 to $133.00 and gave the company a "buy" rating in a research note on Monday, August 26th. 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 for the company. JPMorgan Chase & Co. upped their price target on Camden Property Trust from $112.00 to $129.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. Finally, StockNews.com cut Camden Property Trust from a "hold" rating to a "sell" rating in a research note on Friday, November 1st. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Camden Property Trust presently has a consensus rating of "Hold" and a consensus price target of $122.03.

Camden Property Trust Stock Performance

Camden Property Trust stock traded up $0.21 during trading hours on Monday, reaching $121.95. 733,246 shares of the company were exchanged, compared to its average volume of 990,811. Camden Property Trust has a 12 month low of $85.30 and a 12 month high of $127.69. The company has a current ratio of 0.15, a quick ratio of 0.37 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average of $121.39 and a 200 day moving average of $114.39. The firm has a market cap of $13.01 billion, a price-to-earnings ratio of 38.59, a PEG ratio of 4.55 and a beta of 0.91.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Monday, September 30th were paid a $1.03 dividend. The ex-dividend date was Monday, September 30th. This represents a $4.12 dividend on an annualized basis and a yield of 3.38%. Camden Property Trust's payout ratio is presently 130.38%.

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.