XTX Topco Ltd Trims Holdings in Camden Property Trust (NYSE:CPT)

XTX Topco Ltd decreased its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 36.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,823 shares of the real estate investment trust's stock after selling 5,150 shares during the period. XTX Topco Ltd's holdings in Camden Property Trust were worth $1,090,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of CPT. State Street Corp increased its stake in shares of Camden Property Trust by 0.5% during the third quarter. State Street Corp now owns 7,118,930 shares of the real estate investment trust's stock valued at $886,693,000 after buying an additional 36,528 shares during the period. Victory Capital Management Inc. increased its stake in shares of Camden Property Trust by 5.0% during the second quarter. Victory Capital Management Inc. now owns 4,314,030 shares of the real estate investment trust's stock valued at $470,704,000 after buying an additional 206,654 shares during the period. FMR LLC increased its stake in shares of Camden Property Trust by 14.5% during the third quarter. FMR LLC now owns 3,297,370 shares of the real estate investment trust's stock valued at $407,324,000 after buying an additional 416,701 shares during the period. Wellington Management Group LLP increased its stake in shares of Camden Property Trust by 86.9% during the third quarter. Wellington Management Group LLP now owns 1,974,842 shares of the real estate investment trust's stock valued at $243,952,000 after buying an additional 918,078 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake 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 buying an additional 54,475 shares during the period. Hedge funds and other institutional investors own 97.22% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Camden Property Trust in a research note on Wednesday, September 4th. They set a "neutral" rating and a $139.00 price target on the stock. BNP Paribas assumed coverage on Camden Property Trust in a research note on Wednesday, September 11th. They issued a "neutral" rating and a $129.00 target price on the stock. Piper Sandler lifted their target price on Camden Property Trust from $110.00 to $128.00 and gave the company a "neutral" rating in a research note on Monday, August 26th. Truist Financial lifted their target price on Camden Property Trust from $122.00 to $133.00 and gave the company a "buy" rating in a research note on Monday, August 26th. Finally, Wells Fargo & Company upgraded Camden Property Trust from an "underweight" rating to an "equal weight" rating and lifted their target price for the company from $104.00 to $127.00 in a research note on Monday, August 26th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $122.50.

Camden Property Trust Trading Down 0.6 %

Camden Property Trust stock traded down $0.77 during trading on Tuesday, reaching $122.00. 668,426 shares of the company were exchanged, compared to its average volume of 964,640. Camden Property Trust has a 52-week low of $90.50 and a 52-week high of $127.69. The company has a market capitalization of $13.02 billion, a P/E ratio of 38.61, a PEG ratio of 4.45 and a beta of 0.92. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.15 and a quick ratio of 0.15. The stock's 50 day simple moving average is $120.65 and its two-hundred day simple moving average is $117.10.

Camden Property Trust Announces Dividend

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

About Camden Property Trust

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.