2 weeks Ago By ABMN Staff
Makena Capital Management LLC acquired a new position in shares of Camden Property Trust ( NYSE:CPT – Free Report ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 89,494 shares of the real estate investment trust’s stock, valued at approximately $9,765,000. Camden Property Trust accounts for about 2.
3% of Makena Capital Management LLC’s investment portfolio, making the stock its 22nd biggest holding. Makena Capital Management LLC owned 0.08% of Camden Property Trust as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also made changes to their positions in the company. Security National Bank grew its stake in Camden Property Trust by 1.2% in the second quarter.
Security National Bank now owns 8,267 shares of the real estate investment trust’s stock valued at $902,000 after acquiring an additional 101 shares during the period. William Blair Investment Management LLC lifted its stake in Camden Property Trust by 3.8% in the 1st quarter.
William Blair Investment Management LLC now owns 3,002 shares of the real estate investment trust’s stock valued at $295,000 after purchasing an additional 109 shares during the last quarter. ERn Financial LLC increased its position in Camden Property Trust by 2.0% during the first quarter.
ERn Financial LLC now owns 6,136 shares of the real estate investment trust’s stock worth $604,000 after buying an additional 118 shares during the last quarter. Lindbrook Capital LLC increased its holdings in shares of Camden Property Trust by 90.4% during the 1st quarter.
Lindbrook Capital LLC now owns 278 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 132 shares during the last quarter. Finally, Raymond James Trust N.A.
lifted its holdings in 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 during the last quarter. Institutional investors and hedge funds own 97.
22% of the company’s stock. Camden Property Trust Trading Down 1.4 % Shares of Camden Property Trust stock opened at $124.
37 on Friday. The company has a market capitalization of $13.25 billion, a P/E ratio of 30.
48, a P/E/G ratio of 4.76 and a beta of 0.90.
The company has a debt-to-equity ratio of 0.72, a current ratio of 0.37 and a quick ratio of 0.
37. Camden Property Trust has a 1 year low of $82.81 and a 1 year high of $127.
69. The business has a 50 day moving average price of $120.50 and a 200 day moving average price of $109.
36. Camden Property Trust Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Monday, September 30th will be issued a $1.
03 dividend. The ex-dividend date is Monday, September 30th. This represents a $4.
12 annualized dividend and a yield of 3.31%. Camden Property Trust’s dividend payout ratio (DPR) is presently 100.
98%. Analysts Set New Price Targets Several equities analysts have recently weighed in on the stock. Piper Sandler increased their price objective on shares of Camden Property Trust from $110.
00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. JPMorgan Chase & Co.
raised their price objective on shares of Camden Property Trust from $112.00 to $129.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th.
Scotiabank raised their price target on shares of Camden Property Trust from $125.00 to $132.00 and gave the stock a “sector perform” rating in a research report on Monday, September 16th.
Truist Financial increased 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, Royal Bank of Canada downgraded Camden Property Trust from an “outperform” rating to a “sector perform” rating and set a $122.00 target price for the company. in a research report on Monday, September 9th.
Fourteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $121.69.
Get Our Latest Stock Report on CPT Camden Property Trust Company Profile ( 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. Featured Stories 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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