Jane Street Group LLC lowered its holdings in shares of Camden Property Trust (NYSE:CPT) by 76.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,435 shares of the real estate investment trust’s stock after selling 7,695 shares during the period. Jane Street Group LLC’s holdings in Camden Property Trust were worth $223,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in CPT. Schwab Charles Investment Management Inc. grew its holdings in shares of Camden Property Trust by 11.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 809,363 shares of the real estate investment trust’s stock valued at $69,209,000 after purchasing an additional 84,489 shares during the last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Camden Property Trust by 29.6% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 7,143 shares of the real estate investment trust’s stock valued at $649,000 after purchasing an additional 1,633 shares during the last quarter. State of Wisconsin Investment Board grew its holdings in shares of Camden Property Trust by 5.2% during the 2nd quarter. State of Wisconsin Investment Board now owns 91,884 shares of the real estate investment trust’s stock valued at $7,857,000 after purchasing an additional 4,570 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Camden Property Trust by 1.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,220,885 shares of the real estate investment trust’s stock valued at $104,399,000 after purchasing an additional 15,780 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Camden Property Trust by 7.7% during the 2nd quarter. Legal & General Group Plc now owns 362,162 shares of the real estate investment trust’s stock valued at $30,969,000 after purchasing an additional 25,985 shares during the last quarter. 96.86% of the stock is currently owned by institutional investors.

In other news, President D Keith Oden sold 55,682 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $92.27, for a total value of $5,137,778.14. Following the completion of the sale, the president now directly owns 364,771 shares of the company’s stock, valued at approximately $33,657,420.17. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Richard J. Campo sold 52,247 shares of the firm’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $92.27, for a total transaction of $4,820,830.69. Following the completion of the sale, the chairman now directly owns 344,201 shares of the company’s stock, valued at $31,759,426.27. The disclosure for this sale can be found here. In the last three months, insiders sold 121,394 shares of company stock worth $11,201,585. Insiders own 4.70% of the company’s stock.

Shares of Camden Property Trust (CPT) opened at $90.91 on Friday. The stock has a market cap of $8,530.00, a price-to-earnings ratio of 55.43, a price-to-earnings-growth ratio of 3.67 and a beta of 0.41. Camden Property Trust has a twelve month low of $78.38 and a twelve month high of $96.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.94 and a quick ratio of 1.94.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.03). The firm had revenue of $228.18 million during the quarter, compared to the consensus estimate of $226.41 million. Camden Property Trust had a return on equity of 4.71% and a net margin of 16.81%. Camden Property Trust’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the business earned $1.13 EPS. equities analysts expect that Camden Property Trust will post 4.53 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Friday, December 15th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date of this dividend is Thursday, December 14th. Camden Property Trust’s dividend payout ratio (DPR) is presently 182.93%.

CPT has been the topic of several recent research reports. SunTrust Banks reaffirmed a “hold” rating and set a $93.00 target price on shares of Camden Property Trust in a report on Wednesday, October 4th. J P Morgan Chase & Co raised shares of Camden Property Trust from a “neutral” rating to an “overweight” rating and set a $100.00 target price on the stock in a report on Friday, December 15th. Mizuho reaffirmed a “hold” rating and set a $90.00 target price on shares of Camden Property Trust in a report on Sunday, October 15th. BMO Capital Markets reaffirmed a “buy” rating and set a $95.00 target price on shares of Camden Property Trust in a report on Friday, September 8th. Finally, KeyCorp increased their target price on shares of Camden Property Trust from $93.00 to $98.00 and gave the company an “overweight” rating in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $93.00.

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About Camden Property Trust

Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States.

Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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