Daiwa Securities Group Inc. grew its stake in shares of Camden Property Trust (NYSE:CPT) by 6.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 20,877 shares of the real estate investment trust’s stock after purchasing an additional 1,227 shares during the period. Daiwa Securities Group Inc.’s holdings in Camden Property Trust were worth $2,318,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of CPT. First Trust Advisors LP increased its holdings in Camden Property Trust by 44.7% during the 1st quarter. First Trust Advisors LP now owns 37,445 shares of the real estate investment trust’s stock worth $3,801,000 after purchasing an additional 11,574 shares in the last quarter. Eii Capital Management Inc. increased its holdings in Camden Property Trust by 10.2% during the 2nd quarter. Eii Capital Management Inc. now owns 15,116 shares of the real estate investment trust’s stock worth $1,578,000 after purchasing an additional 1,399 shares in the last quarter. WINTON GROUP Ltd increased its holdings in Camden Property Trust by 8.8% during the 2nd quarter. WINTON GROUP Ltd now owns 340,288 shares of the real estate investment trust’s stock worth $35,523,000 after purchasing an additional 27,575 shares in the last quarter. Retirement Systems of Alabama increased its holdings in Camden Property Trust by 7.0% during the 2nd quarter. Retirement Systems of Alabama now owns 269,353 shares of the real estate investment trust’s stock worth $28,118,000 after purchasing an additional 17,560 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Camden Property Trust during the 2nd quarter worth approximately $354,000. 93.56% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have commented on the company. BMO Capital Markets reissued a “buy” rating and set a $115.00 price objective on shares of Camden Property Trust in a report on Monday, November 4th. Capital One Financial raised Camden Property Trust from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $107.00 to $119.00 in a report on Monday, September 16th. Citigroup boosted their price objective on Camden Property Trust from $109.00 to $115.00 and gave the stock a “neutral” rating in a report on Thursday. Zelman & Associates raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Monday, August 12th. Finally, JPMorgan Chase & Co. boosted their price objective on Camden Property Trust from $110.00 to $111.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $112.29.

Shares of NYSE CPT opened at $110.12 on Friday. Camden Property Trust has a twelve month low of $83.67 and a twelve month high of $116.67. The stock’s 50 day moving average price is $112.64 and its 200-day moving average price is $107.13. The company has a market capitalization of $10.85 billion, a PE ratio of 23.09, a PEG ratio of 3.22 and a beta of 0.39. The company has a quick ratio of 0.94, a current ratio of 0.76 and a debt-to-equity ratio of 0.68.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, October 31st. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.84). Camden Property Trust had a return on equity of 4.53% and a net margin of 16.22%. The business had revenue of $260.67 million during the quarter, compared to analysts’ expectations of $259.56 million. During the same quarter in the previous year, the firm earned $1.20 EPS. Camden Property Trust’s quarterly revenue was up 7.8% on a year-over-year basis. As a group, research analysts expect that Camden Property Trust will post 5.02 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Monday, September 30th were paid a $0.80 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.91%. Camden Property Trust’s payout ratio is presently 67.09%.

Camden Property Trust Profile

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 161 properties containing 55,160 apartment homes across the United States.

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

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