Fox Run Management L.L.C. lowered its holdings in shares of Camden Property Trust (NYSE:CPT – Free Report) by 82.1% during the second quarter, HoldingsChannel.com reports. The firm owned 2,009 shares of the real estate investment trust’s stock after selling 9,197 shares during the period. Fox Run Management L.L.C.’s holdings in Camden Property Trust were worth $226,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of CPT. IFP Advisors Inc raised its stake in shares of Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 101 shares during the period. Cape Investment Advisory Inc. purchased a new stake in Camden Property Trust in the 1st quarter worth $37,000. National Pension Service raised its position in Camden Property Trust by 74.2% during the first quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 167 shares during the period. Private Trust Co. NA raised its position in Camden Property Trust by 117.7% during the second quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock worth $49,000 after acquiring an additional 233 shares during the period. Finally, Allworth Financial LP lifted its holdings in Camden Property Trust by 47.4% during the first quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock valued at $56,000 after purchasing an additional 158 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.
Camden Property Trust Price Performance
CPT stock opened at $101.72 on Friday. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $127.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market capitalization of $10.82 billion, a PE ratio of 71.13, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. The business has a 50 day simple moving average of $104.50 and a 200-day simple moving average of $110.34.
Camden Property Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, September 30th. Camden Property Trust’s payout ratio is presently 170.04%.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the stock. Morgan Stanley cut their target price on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research note on Thursday. Barclays cut their price objective on Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating for the company in a research note on Tuesday, September 30th. Bank of America reduced their target price on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a report on Wednesday. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $105.00 price target on shares of Camden Property Trust in a research note on Monday. Finally, The Goldman Sachs Group downgraded Camden Property Trust from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $118.00 to $106.00 in a research note on Wednesday, September 17th. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $119.04.
View Our Latest Analysis on CPT
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 58,250 apartment homes across the United States.
See Also
- Five stocks we like better than Camden Property Trust
- How is Compound Interest Calculated?
- dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing
- 10 Best Airline Stocks to Buy
- Ondas Holdings Signals a Rebound as Drone Demand Soars
- What is Put Option Volume?
- Disney’s 2026 Outlook Brightens Under Iger’s Magic Touch
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.
