Camden Property Trust (NYSE:CPT) Holdings Lifted by American Capital Advisory LLC

American Capital Advisory LLC increased its holdings in shares of Camden Property Trust (NYSE:CPT) by 42.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 428 shares of the real estate investment trust’s stock after buying an additional 128 shares during the quarter. American Capital Advisory LLC’s holdings in Camden Property Trust were worth $53,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Security National Bank lifted its holdings in shares of Camden Property Trust by 1.2% during the 2nd quarter. Security National Bank now owns 8,267 shares of the real estate investment trust’s stock valued at $902,000 after buying an additional 101 shares during the last quarter. William Blair Investment Management LLC grew its position in Camden Property Trust by 3.8% in the first quarter. William Blair Investment Management LLC now owns 3,002 shares of the real estate investment trust’s stock worth $295,000 after acquiring an additional 109 shares in the last quarter. Raymond James Trust N.A. raised its holdings in shares of Camden Property Trust by 6.1% during the 2nd quarter. Raymond James Trust N.A. now owns 2,516 shares of the real estate investment trust’s stock valued at $275,000 after purchasing an additional 144 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Camden Property Trust by 0.5% in the second quarter. ProShare Advisors LLC now owns 31,349 shares of the real estate investment trust’s stock worth $3,420,000 after purchasing an additional 146 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Camden Property Trust by 5.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,000 shares of the real estate investment trust’s stock worth $371,000 after buying an additional 155 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Analysts Set New Price Targets

CPT has been the subject of several recent analyst reports. Wells Fargo & Company upgraded Camden Property Trust from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $104.00 to $127.00 in a research note on Monday, August 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Camden Property Trust from $90.00 to $115.00 and gave the stock a “hold” rating in a research note on Tuesday, September 10th. StockNews.com lowered shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Truist Financial boosted their target price on shares of Camden Property Trust from $122.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Finally, Bank of America upgraded Camden Property Trust from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $111.00 to $147.00 in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $122.03.

Camden Property Trust Trading Down 0.4 %

Shares of Camden Property Trust stock traded down $0.46 on Wednesday, hitting $117.54. 268,636 shares of the company’s stock traded hands, compared to its average volume of 987,006. The firm’s 50-day moving average price is $121.77 and its two-hundred day moving average price is $113.79. The stock has a market capitalization of $12.53 billion, a PE ratio of 37.51, a price-to-earnings-growth ratio of 4.25 and a beta of 0.91. Camden Property Trust has a one year low of $85.30 and a one year high of $127.69. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.15 and a quick ratio of 0.37.

Camden Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Monday, September 30th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.51%. The ex-dividend date was Monday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 130.38%.

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.