International Assets Investment Management LLC purchased a new stake in Camden Property Trust (NYSE:CPT – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 91,554 shares of the real estate investment trust’s stock, valued at approximately $90,900,000.
A number of other institutional investors and hedge funds have also made changes to their positions in CPT. Bessemer Group Inc. raised its stake in shares of Camden Property Trust by 57.0% during the 4th quarter. Bessemer Group Inc. now owns 259 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 94 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Camden Property Trust by 60.8% in the third quarter. Parkside Financial Bank & Trust now owns 381 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 144 shares in the last quarter. Resurgent Financial Advisors LLC purchased a new position in Camden Property Trust in the fourth quarter worth $45,000. Belpointe Asset Management LLC increased its position in shares of Camden Property Trust by 175.5% during the first quarter. Belpointe Asset Management LLC now owns 449 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 286 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Camden Property Trust by 100.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 445 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 223 shares during the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
CPT has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft started coverage on Camden Property Trust in a research note on Tuesday, January 30th. They set a “hold” rating and a $90.00 target price on the stock. BMO Capital Markets restated a “market perform” rating and set a $100.00 price target on shares of Camden Property Trust in a research note on Friday, December 15th. StockNews.com lowered shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Thursday. Truist Financial reissued a “buy” rating and set a $113.00 target price (down previously from $121.00) on shares of Camden Property Trust in a research report on Wednesday, March 13th. Finally, Barclays cut shares of Camden Property Trust from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $138.00 to $100.00 in a report on Tuesday, February 20th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $104.24.
View Our Latest Research Report on Camden Property Trust
Camden Property Trust Price Performance
Shares of CPT opened at $96.62 on Friday. The business’s 50-day moving average is $96.24 and its two-hundred day moving average is $94.93. The company has a market capitalization of $10.52 billion, a P/E ratio of 26.11, a P/E/G ratio of 3.58 and a beta of 0.83. Camden Property Trust has a fifty-two week low of $82.81 and a fifty-two week high of $114.04. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.88 and a current ratio of 0.88.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its earnings results on Friday, February 2nd. The real estate investment trust reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.31. The firm had revenue of $387.59 million for the quarter, compared to the consensus estimate of $387.33 million. Camden Property Trust had a return on equity of 8.07% and a net margin of 26.15%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.74 earnings per share. Research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current year.
Camden Property Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 17th. Stockholders of record on Friday, March 29th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 4.26%. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.00. The ex-dividend date is Wednesday, March 27th. Camden Property Trust’s payout ratio is 111.35%.
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 58,634 apartment homes across the United States.
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StockNews.com downgraded shares of Camden Property Trust (NYSE:CPT – Free Report) from a hold rating to a sell rating in a research report released on Thursday morning.
A number of other analysts have also weighed in on the stock. Barclays lowered shares of Camden Property Trust from an overweight rating to an equal weight rating and reduced their price objective for the company from $138.00 to $100.00 in a research note on Tuesday, February 20th. Royal Bank of Canada restated an outperform rating and issued a $103.00 price objective on shares of Camden Property Trust in a report on Monday, February 5th. Truist Financial reiterated a buy rating and set a $113.00 target price (down from $121.00) on shares of Camden Property Trust in a research note on Wednesday, March 13th. Piper Sandler restated an underweight rating and issued a $90.00 price target on shares of Camden Property Trust in a research note on Tuesday, March 26th. Finally, BMO Capital Markets reiterated a market perform rating and issued a $100.00 price objective on shares of Camden Property Trust in a report on Friday, December 15th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Hold and an average price target of $104.24.
View Our Latest Research Report on CPT
Camden Property Trust Price Performance
CPT stock opened at $95.87 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a 50 day moving average price of $96.22 and a 200-day moving average price of $95.01. Camden Property Trust has a 52-week low of $82.81 and a 52-week high of $114.04. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 3.58 and a beta of 0.83.
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its quarterly earnings data on Friday, February 2nd. The real estate investment trust reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.31. Camden Property Trust had a return on equity of 8.07% and a net margin of 26.15%. The business had revenue of $387.59 million during the quarter, compared to analysts’ expectations of $387.33 million. During the same quarter in the previous year, the business earned $1.74 earnings per share. The firm’s quarterly revenue was up 3.1% compared to the same quarter last year. Equities research analysts forecast that Camden Property Trust will post 6.75 EPS for the current fiscal year.
Camden Property Trust Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 17th. Investors of record on Friday, March 29th will be given a dividend of $1.03 per share. The ex-dividend date is Wednesday, March 27th. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.00. This represents a $4.12 annualized dividend and a yield of 4.30%. Camden Property Trust’s payout ratio is 111.35%.
Institutional Trading of Camden Property Trust
A number of hedge funds and other institutional investors have recently bought and sold shares of CPT. Norges Bank bought a new position in shares of Camden Property Trust during the 4th quarter valued at approximately $376,933,000. Centersquare Investment Management LLC boosted its position in shares of Camden Property Trust by 2,517.6% in the fourth quarter. Centersquare Investment Management LLC now owns 1,398,343 shares of the real estate investment trust’s stock worth $138,841,000 after purchasing an additional 1,344,923 shares during the period. JPMorgan Chase & Co. raised its position in shares of Camden Property Trust by 41.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,044,988 shares of the real estate investment trust’s stock valued at $382,575,000 after purchasing an additional 1,187,974 shares during the period. Long Pond Capital LP lifted its stake in shares of Camden Property Trust by 149.0% during the 4th quarter. Long Pond Capital LP now owns 948,280 shares of the real estate investment trust’s stock valued at $106,094,000 after buying an additional 567,487 shares in the last quarter. Finally, State Street Corp boosted its holdings in Camden Property Trust by 9.8% in the 1st quarter. State Street Corp now owns 6,066,515 shares of the real estate investment trust’s stock worth $1,013,817,000 after buying an additional 540,683 shares during the period. Hedge funds and other institutional investors own 97.22% of the company’s stock.
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 58,634 apartment homes across the United States.
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Camden Property Trust (NYSE:CPT – Get Free Report) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Friday.
Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group assumed coverage on shares of Camden Property Trust in a research report on Thursday, February 22nd. They issued a “buy” rating and a $112.00 target price for the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $103.00 target price on shares of Camden Property Trust in a research report on Monday, February 5th. UBS Group downgraded shares of Camden Property Trust from a “buy” rating to a “neutral” rating and cut their price target for the company from $127.00 to $94.00 in a report on Monday, November 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Camden Property Trust in a report on Tuesday, January 30th. They issued a “hold” rating and a $90.00 price target for the company. Finally, Truist Financial cut their price target on shares of Camden Property Trust from $122.00 to $121.00 and set a “buy” rating for the company in a report on Tuesday, January 16th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and an average target price of $104.12.
Read Our Latest Stock Analysis on CPT
Camden Property Trust Stock Performance
Shares of Camden Property Trust stock traded up $1.35 during trading on Friday, hitting $95.83. 885,477 shares of the stock were exchanged, compared to its average volume of 1,144,195. The stock’s fifty day moving average is $96.54 and its 200 day moving average is $96.29. The stock has a market cap of $10.25 billion, a PE ratio of 25.90, a P/E/G ratio of 3.46 and a beta of 0.84. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.88 and a current ratio of 0.88. Camden Property Trust has a 12 month low of $82.81 and a 12 month high of $117.84.
Camden Property Trust (NYSE:CPT – Get Free Report) last released its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $2.03 EPS for the quarter, topping the consensus estimate of $1.72 by $0.31. The business had revenue of $387.59 million during the quarter, compared to analyst estimates of $387.33 million. Camden Property Trust had a net margin of 26.15% and a return on equity of 8.07%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.74 earnings per share. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.78 EPS for the current year.
Insider Buying and Selling
In related news, EVP William W. Sengelmann sold 6,493 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $98.21, for a total value of $637,677.53. Following the transaction, the executive vice president now owns 75,082 shares in the company, valued at $7,373,803.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Camden Property Trust news, CEO Richard J. Campo sold 38,336 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $98.22, for a total transaction of $3,765,361.92. Following the transaction, the chief executive officer now owns 267,132 shares in the company, valued at $26,237,705.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP William W. Sengelmann sold 6,493 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $98.21, for a total value of $637,677.53. Following the transaction, the executive vice president now owns 75,082 shares in the company, valued at approximately $7,373,803.22. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,957 shares of company stock worth $5,495,920. Insiders own 1.80% of the company’s stock.
Institutional Investors Weigh In On Camden Property Trust
Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank bought a new position in Camden Property Trust in the fourth quarter worth $376,933,000. D1 Capital Partners L.P. lifted its position in Camden Property Trust by 653.2% in the second quarter. D1 Capital Partners L.P. now owns 2,737,156 shares of the real estate investment trust’s stock worth $297,994,000 after purchasing an additional 2,373,773 shares during the period. Centersquare Investment Management LLC lifted its position in Camden Property Trust by 2,517.6% in the fourth quarter. Centersquare Investment Management LLC now owns 1,398,343 shares of the real estate investment trust’s stock worth $138,841,000 after purchasing an additional 1,344,923 shares during the period. JPMorgan Chase & Co. lifted its position in Camden Property Trust by 41.6% in the third quarter. JPMorgan Chase & Co. now owns 4,044,988 shares of the real estate investment trust’s stock worth $382,575,000 after purchasing an additional 1,187,974 shares during the period. Finally, Long Pond Capital LP lifted its position in Camden Property Trust by 149.0% in the fourth quarter. Long Pond Capital LP now owns 948,280 shares of the real estate investment trust’s stock worth $106,094,000 after purchasing an additional 567,487 shares during the period. Institutional investors and hedge funds own 95.04% of the company’s stock.
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 58,634 apartment homes across the United States.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Camden Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Camden Property Trust wasn’t on the list.
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Nordea Investment Management AB lifted its holdings in shares of Camden Property Trust (NYSE:CPT – Free Report) by 141.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,172 shares of the real estate investment trust’s stock after buying an additional 32,919 shares during the period. Nordea Investment Management AB owned 0.05% of Camden Property Trust worth $5,387,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Apollon Wealth Management LLC bought a new stake in shares of Camden Property Trust during the 2nd quarter valued at about $384,000. DekaBank Deutsche Girozentrale grew its position in shares of Camden Property Trust by 0.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 97,859 shares of the real estate investment trust’s stock valued at $9,272,000 after buying an additional 317 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of Camden Property Trust by 11.3% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 156,338 shares of the real estate investment trust’s stock valued at $17,021,000 after buying an additional 15,851 shares during the last quarter. California Public Employees Retirement System grew its position in shares of Camden Property Trust by 7.2% during the 2nd quarter. California Public Employees Retirement System now owns 306,937 shares of the real estate investment trust’s stock valued at $33,416,000 after buying an additional 20,622 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Camden Property Trust by 3,054.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 28,232 shares of the real estate investment trust’s stock valued at $2,670,000 after buying an additional 27,337 shares during the last quarter. Institutional investors own 95.04% of the company’s stock.
Insider Buying and Selling
In related news, CEO Richard J. Campo sold 38,336 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $98.22, for a total value of $3,765,361.92. Following the completion of the sale, the chief executive officer now owns 267,132 shares in the company, valued at approximately $26,237,705.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Camden Property Trust news, CEO Richard J. Campo sold 38,336 shares of the stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $98.22, for a total value of $3,765,361.92. Following the completion of the sale, the chief executive officer now owns 267,132 shares in the company, valued at approximately $26,237,705.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP William W. Sengelmann sold 6,493 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $98.21, for a total transaction of $637,677.53. Following the completion of the sale, the executive vice president now owns 75,082 shares of the company’s stock, valued at approximately $7,373,803.22. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 55,957 shares of company stock worth $5,495,920. Corporate insiders own 2.00% of the company’s stock.
Camden Property Trust Trading Up 1.0 %
Camden Property Trust stock opened at $95.39 on Thursday. The stock has a market capitalization of $10.18 billion, a PE ratio of 25.78, a price-to-earnings-growth ratio of 3.55 and a beta of 0.84. Camden Property Trust has a 12-month low of $82.81 and a 12-month high of $119.33. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.88 and a quick ratio of 0.10. The firm has a 50 day simple moving average of $97.21 and a 200-day simple moving average of $96.89.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its earnings results on Friday, February 2nd. The real estate investment trust reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.31. The firm had revenue of $387.59 million during the quarter, compared to analysts’ expectations of $387.33 million. Camden Property Trust had a net margin of 26.15% and a return on equity of 8.07%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.74 earnings per share. As a group, equities research analysts expect that Camden Property Trust will post 6.78 EPS for the current fiscal year.
Camden Property Trust Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 17th. Investors of record on Friday, March 29th will be issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 4.32%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Wednesday, March 27th. Camden Property Trust’s dividend payout ratio (DPR) is presently 108.11%.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on CPT. BMO Capital Markets reaffirmed a “market perform” rating and set a $100.00 price objective on shares of Camden Property Trust in a research report on Friday, December 15th. Royal Bank of Canada restated an “outperform” rating and issued a $103.00 target price on shares of Camden Property Trust in a research report on Monday, February 5th. Bank of America cut shares of Camden Property Trust from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $101.00 to $84.00 in a research report on Tuesday, October 31st. Truist Financial decreased their target price on shares of Camden Property Trust from $122.00 to $121.00 and set a “buy” rating for the company in a research report on Tuesday, January 16th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Camden Property Trust in a research report on Tuesday, January 30th. They issued a “hold” rating and a $90.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $104.65.
Camden Property Trust 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 58,634 apartment homes across the United States.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Camden Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Camden Property Trust wasn’t on the list.
While Camden Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat’s analysts have just released their top five short plays for March 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Camden Property Trust (NYSE:CPT – Get Free Report) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Tuesday.
Several other equities research analysts have also issued reports on CPT. Wedbush began coverage on Camden Property Trust in a report on Tuesday, October 3rd. They set an “outperform” rating and a $110.00 price target for the company. Truist Financial dropped their price target on Camden Property Trust from $132.00 to $122.00 and set a “buy” rating on the stock in a research report on Wednesday, November 29th. BMO Capital Markets restated a “market perform” rating and set a $100.00 price objective on shares of Camden Property Trust in a research report on Friday, December 15th. Piper Sandler cut Camden Property Trust from a “neutral” rating to an “underweight” rating and lowered their price objective for the company from $126.00 to $80.00 in a research report on Tuesday, October 31st. Finally, Morgan Stanley started coverage on Camden Property Trust in a research note on Tuesday, December 12th. They issued an “equal weight” rating and a $95.00 price target on the stock. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $108.38.
View Our Latest Report on Camden Property Trust
Camden Property Trust Stock Performance
Shares of NYSE CPT opened at $99.22 on Tuesday. Camden Property Trust has a one year low of $82.81 and a one year high of $127.60. The firm has a market capitalization of $10.59 billion, a PE ratio of 47.47, a PEG ratio of 3.80 and a beta of 0.86. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $94.14 and a two-hundred day moving average price of $99.52.
Insiders Place Their Bets
In other Camden Property Trust news, CFO Alexander J. Jessett sold 9,803 shares of the stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $98.21, for a total value of $962,752.63. Following the completion of the sale, the chief financial officer now directly owns 114,893 shares in the company, valued at $11,283,641.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Camden Property Trust news, CFO Alexander J. Jessett sold 9,803 shares of the stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $98.21, for a total value of $962,752.63. Following the completion of the sale, the chief financial officer now directly owns 114,893 shares in the company, valued at $11,283,641.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Heather J. Brunner sold 1,325 shares of the stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $98.21, for a total value of $130,128.25. Following the completion of the sale, the director now owns 10,230 shares of the company’s stock, valued at $1,004,688.30. The disclosure for this sale can be found here. Insiders sold 55,957 shares of company stock worth $5,495,920 over the last ninety days. 2.00% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Impact Partnership Wealth LLC acquired a new position in shares of Camden Property Trust during the second quarter worth about $26,000. Bessemer Group Inc. boosted its position in shares of Camden Property Trust by 57.0% during the fourth quarter. Bessemer Group Inc. now owns 259 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 94 shares during the period. V Square Quantitative Management LLC acquired a new position in Camden Property Trust during the second quarter valued at approximately $33,000. Parallel Advisors LLC boosted its position in Camden Property Trust by 135.2% during the second quarter. Parallel Advisors LLC now owns 334 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 192 shares during the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in Camden Property Trust by 60.8% during the third quarter. Parkside Financial Bank & Trust now owns 381 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 144 shares during the last quarter. 95.04% of the stock is owned by institutional investors and hedge funds.
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 58,961 apartment homes across the United States.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Camden Property Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Camden Property Trust wasn’t on the list.
While Camden Property Trust currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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