Janus Henderson Group PLC raised its holdings in Camden Property Trust (NYSE:CPT) by 87.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 86,324 shares of the real estate investment trust’s stock after acquiring an additional 40,234 shares during the quarter. Janus Henderson Group PLC owned approximately 0.09% of Camden Property Trust worth $7,894,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. YorkBridge Wealth Partners LLC boosted its stake in shares of Camden Property Trust by 6.1% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,171 shares of the real estate investment trust’s stock valued at $101,000 after purchasing an additional 67 shares during the last quarter. Penserra Capital Management LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter valued at $110,000. Perigon Wealth Management LLC boosted its stake in shares of Camden Property Trust by 59.3% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,150 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 800 shares during the last quarter. Sawtooth Solutions LLC boosted its stake in shares of Camden Property Trust by 2.7% in the 2nd quarter. Sawtooth Solutions LLC now owns 2,701 shares of the real estate investment trust’s stock valued at $231,000 after purchasing an additional 72 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. bought a new stake in shares of Camden Property Trust in the 3rd quarter valued at $234,000. Hedge funds and other institutional investors own 96.86% of the company’s stock.

In other Camden Property Trust news, President D Keith Oden sold 13,086 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $92.25, for a total value of $1,207,183.50. Following the transaction, the president now directly owns 364,771 shares of the company’s stock, valued at $33,650,124.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Richard J. Campo sold 379 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $94.44, for a total transaction of $35,792.76. Following the completion of the transaction, the chairman now directly owns 338,519 shares in the company, valued at $31,969,734.36. The disclosure for this sale can be found here. Over the last three months, insiders have sold 121,394 shares of company stock worth $11,201,585. 4.70% of the stock is owned by insiders.

CPT has been the topic of a number of analyst reports. SunTrust Banks reaffirmed a “hold” rating and issued a $93.00 price objective on shares of Camden Property Trust in a research note on Wednesday, October 4th. Sandler O’Neill raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $93.00 to $105.00 in a research note on Tuesday, September 5th. Stifel Nicolaus initiated coverage on shares of Camden Property Trust in a research note on Friday, September 1st. They issued a “buy” rating and a $99.00 price objective on the stock. KeyCorp upped their price objective on shares of Camden Property Trust from $93.00 to $98.00 and gave the company an “overweight” rating in a research note on Friday, September 15th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Camden Property Trust in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $93.00.

Camden Property Trust (NYSE CPT) opened at $91.15 on Wednesday. The stock has a market cap of $8,450.00, a price-to-earnings ratio of 55.58, a P/E/G ratio of 3.71 and a beta of 0.41. Camden Property Trust has a 12 month low of $78.38 and a 12 month high of $96.39. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.94 and a current ratio of 1.94.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by ($0.03). The company had revenue of $228.18 million for 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%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.13 earnings per share. analysts predict that Camden Property Trust will post 4.53 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Investors of record on Friday, December 15th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 3.29%. The ex-dividend date is Thursday, December 14th. Camden Property Trust’s dividend payout ratio is presently 182.93%.

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Camden Property Trust Company Profile

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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