Nisa Investment Advisors LLC raised its position in shares of Camden Property Trust (NYSE:CPT) by 12.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,905 shares of the real estate investment trust’s stock after acquiring an additional 5,335 shares during the period. Nisa Investment Advisors LLC’s holdings in Camden Property Trust were worth $4,761,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Timbercreek Investment Management Inc. raised its position in shares of Camden Property Trust by 1.6% during the first quarter. Timbercreek Investment Management Inc. now owns 64,664 shares of the real estate investment trust’s stock valued at $6,563,000 after buying an additional 1,000 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of Camden Property Trust during the third quarter valued at about $234,000. Macquarie Group Ltd. raised its position in shares of Camden Property Trust by 20.1% during the third quarter. Macquarie Group Ltd. now owns 276,659 shares of the real estate investment trust’s stock valued at $25,887,000 after buying an additional 46,220 shares during the last quarter. CI Investments Inc. acquired a new position in shares of Camden Property Trust during the fourth quarter valued at about $12,458,000. Finally, Perpetual Ltd raised its position in shares of Camden Property Trust by 156.1% during the fourth quarter. Perpetual Ltd now owns 42,000 shares of the real estate investment trust’s stock valued at $3,667,000 after buying an additional 25,600 shares during the last quarter. Institutional investors own 87.86% of the company’s stock.

Several analysts have recently weighed in on the stock. Barclays reaffirmed a “buy” rating and set a $108.00 price objective on shares of Camden Property Trust in a report on Tuesday, April 16th. Sandler O’Neill lowered shares of Camden Property Trust from a “buy” rating to a “hold” rating in a report on Friday, April 5th. KeyCorp raised their price objective on shares of Camden Property Trust from $98.00 to $105.00 and gave the stock an “overweight” rating in a report on Tuesday, March 19th. Citigroup set a $100.00 price objective on shares of Camden Property Trust and gave the stock a “hold” rating in a report on Tuesday, February 5th. Finally, BMO Capital Markets reissued a “buy” rating and set a $95.00 price target on shares of Camden Property Trust in a research note on Thursday, January 31st. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Camden Property Trust has an average rating of “Buy” and an average target price of $99.94.

In other Camden Property Trust news, Director William F. Paulsen sold 2,890 shares of the firm’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $97.17, for a total value of $280,821.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.40% of the stock is currently owned by company insiders.

CPT opened at $98.63 on Monday. Camden Property Trust has a one year low of $82.60 and a one year high of $103.41. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.69. The company has a market cap of $9.78 billion, a PE ratio of 20.68, a P/E/G ratio of 3.17 and a beta of 0.54.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, January 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.81). Camden Property Trust had a net margin of 16.36% and a return on equity of 4.56%. The business had revenue of $244.92 million during the quarter, compared to the consensus estimate of $243.35 million. As a group, equities analysts anticipate that Camden Property Trust will post 5.06 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 17th. Shareholders of record on Friday, March 29th were paid a $0.80 dividend. The ex-dividend date was Thursday, March 28th. This is a boost from Camden Property Trust’s previous quarterly dividend of $0.77. This represents a $3.20 dividend on an annualized basis and a yield of 3.24%. Camden Property Trust’s dividend payout ratio (DPR) is presently 67.09%.

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Camden Property Trust Profile

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 161 properties containing 55,160 apartment homes across the United States.

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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