2 weeks Ago By ABMN Staff
Townsquare Capital LLC lifted its position in Camden Property Trust ( NYSE:CPT – Free Report ) by 20.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,868 shares of the real estate investment trust’s stock after purchasing an additional 491 shares during the quarter.
Townsquare Capital LLC’s holdings in Camden Property Trust were worth $333,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently made changes to their positions in the business. UMB Bank n.
a. raised its holdings in shares of Camden Property Trust by 76.6% in the 4th quarter.
UMB Bank n.a. now owns 226 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 98 shares in the last quarter.
National Pension Service bought a new stake in Camden Property Trust during the fourth quarter valued at approximately $26,000. Quent Capital LLC grew its stake in Camden Property Trust by 87.0% in the 4th quarter.
Quent Capital LLC now owns 245 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 114 shares in the last quarter. IAG Wealth Partners LLC purchased a new stake in shares of Camden Property Trust during the 4th quarter valued at $29,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Camden Property Trust by 117.
0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 382 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 97.
22% of the company’s stock. Camden Property Trust Stock Down 1.2 % Shares of NYSE:CPT opened at $110.
90 on Tuesday. The firm has a market capitalization of $12.07 billion, a P/E ratio of 73.
93, a P/E/G ratio of 4.41 and a beta of 0.79.
The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.
14. The stock has a 50 day moving average price of $117.85 and a 200-day moving average price of $117.
75. Camden Property Trust has a 52-week low of $95.99 and a 52-week high of $127.
69. Camden Property Trust Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were paid a dividend of $1.
05 per share. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.03.
The ex-dividend date was Monday, March 31st. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.
79%. Camden Property Trust’s dividend payout ratio (DPR) is currently 280.00%.
Analyst Upgrades and Downgrades A number of research firms have weighed in on CPT. Royal Bank of Canada raised their price target on Camden Property Trust from $121.00 to $123.
00 and gave the company a “sector perform” rating in a research report on Monday, February 10th. Truist Financial increased their price target on shares of Camden Property Trust from $122.00 to $129.
00 and gave the company a “buy” rating in a research report on Monday, March 10th. StockNews.com upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.
Mizuho decreased their target price on shares of Camden Property Trust from $129.00 to $125.00 and set an “outperform” rating on the stock in a research report on Monday, January 6th.
Finally, Scotiabank upped their price target on shares of Camden Property Trust from $130.00 to $135.00 and gave the company a “sector perform” rating in a research report on Friday, February 14th.
One analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus target price of $127.61.
Get Our Latest Stock Report on CPT About Camden Property Trust ( Free Report ) 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. Further Reading Want to see what other hedge funds are holding CPT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Camden Property Trust ( NYSE:CPT – Free Report ). Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter .
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