Worldquant Millennium Advisors LLC Has $3.83 Million Stock Holdings in Camden Property Trust (NYSE:CPT)

Worldquant Millennium Advisors LLC raised its position in shares of Camden Property Trust (NYSE:CPT - Free Report) by 22.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,005 shares of the real estate investment trust's stock after purchasing an additional 5,773 shares during the period. Worldquant Millennium Advisors LLC's holdings in Camden Property Trust were worth $3,830,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Czech National Bank lifted its position in shares of Camden Property Trust by 8.1% during the 2nd quarter. Czech National Bank now owns 20,302 shares of the real estate investment trust's stock worth $2,215,000 after buying an additional 1,518 shares during the last quarter. Cooper Financial Group boosted its stake in shares of Camden Property Trust by 9.2% in the 2nd quarter. Cooper Financial Group now owns 5,616 shares of the real estate investment trust's stock valued at $613,000 after purchasing an additional 473 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Camden Property Trust by 11.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 10,105 shares of the real estate investment trust's stock valued at $1,103,000 after purchasing an additional 1,018 shares during the last quarter. Country Club Bank grew its holdings in shares of Camden Property Trust by 45.5% during the 2nd quarter. Country Club Bank now owns 26,643 shares of the real estate investment trust's stock valued at $2,924,000 after purchasing an additional 8,334 shares during the last quarter. Finally, Vanderbilt University acquired a new position in Camden Property Trust during the 2nd quarter worth approximately $575,000. 97.22% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on CPT shares. The Goldman Sachs Group began coverage on shares of Camden Property Trust in a research note on Wednesday, September 4th. They set a "neutral" rating and a $139.00 target price on the stock. Jefferies Financial Group began coverage on Camden Property Trust in a report on Friday, October 11th. They issued a "hold" rating and a $123.00 target price for the company. Royal Bank of Canada dropped their target price on Camden Property Trust from $131.00 to $127.00 and set a "sector perform" rating for the company in a research report on Monday, November 4th. JPMorgan Chase & Co. upped their price objective on Camden Property Trust from $112.00 to $129.00 and gave the company a "neutral" rating in a research note on Monday, September 16th. Finally, Scotiabank dropped their price objective on shares of Camden Property Trust from $132.00 to $130.00 and set a "sector perform" rating for the company in a report on Thursday, November 14th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four 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 a consensus price target of $122.50.

Camden Property Trust Trading Up 0.4 %

Shares of NYSE:CPT traded up $0.43 during midday trading on Friday, reaching $121.90. The company's stock had a trading volume of 492,992 shares, compared to its average volume of 686,131. Camden Property Trust has a fifty-two week low of $90.50 and a fifty-two week high of $127.69. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a 50 day moving average price of $120.68 and a two-hundred day moving average price of $116.76. The firm has a market capitalization of $13.00 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 4.45 and a beta of 0.92.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Wednesday, December 18th will be issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Wednesday, December 18th. Camden Property Trust's payout ratio is 130.38%.

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.