Public Employees Retirement System of Ohio grew its stake in shares of Camden Property Trust (NYSE:CPT) by 4.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 144,505 shares of the real estate investment trust’s stock after purchasing an additional 6,756 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.16% of Camden Property Trust worth $13,215,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CPT. Davis Selected Advisers lifted its position in Camden Property Trust by 87.9% during the 3rd quarter. Davis Selected Advisers now owns 135,627 shares of the real estate investment trust’s stock valued at $12,403,000 after acquiring an additional 63,458 shares during the period. Eii Capital Management Inc. purchased a new position in Camden Property Trust during the 3rd quarter valued at about $2,506,000. California Public Employees Retirement System lifted its position in Camden Property Trust by 6.2% during the 3rd quarter. California Public Employees Retirement System now owns 221,283 shares of the real estate investment trust’s stock valued at $20,236,000 after acquiring an additional 12,902 shares during the period. Janus Henderson Group PLC lifted its position in Camden Property Trust by 87.3% during the 3rd quarter. Janus Henderson Group PLC now owns 86,324 shares of the real estate investment trust’s stock valued at $7,894,000 after acquiring an additional 40,234 shares during the period. Finally, Vident Investment Advisory LLC lifted its position in Camden Property Trust by 90.6% during the 3rd quarter. Vident Investment Advisory LLC now owns 5,448 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 2,589 shares during the period. 96.86% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently issued reports on CPT shares. Stifel Nicolaus started coverage on shares of Camden Property Trust in a research report on Friday, September 1st. They set a “buy” rating and a $99.00 price target for the company. Sandler O’Neill raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $93.00 to $105.00 in a report on Tuesday, September 5th. BMO Capital Markets reaffirmed a “buy” rating and issued a $95.00 target price on shares of Camden Property Trust in a report on Friday, September 8th. UBS reaffirmed a “sell” rating and issued a $86.00 target price (up from $80.00) on shares of Camden Property Trust in a report on Thursday, September 14th. Finally, KeyCorp lifted their target price on shares of Camden Property Trust from $93.00 to $98.00 and gave the stock an “overweight” rating in a report on Friday, September 15th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $93.00.

In other Camden Property Trust news, Chairman Richard J. Campo sold 52,247 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $92.27, for a total value of $4,820,830.69. Following the completion of the transaction, the chairman now directly owns 344,201 shares in the company, valued at $31,759,426.27. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Richard J. Campo sold 379 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $94.44, for a total transaction of $35,792.76. Following the completion of the transaction, the chairman now owns 338,519 shares of the company’s stock, valued at $31,969,734.36. The disclosure for this sale can be found here. Insiders have sold 121,394 shares of company stock valued at $11,201,585 over the last 90 days. 4.70% of the stock is currently owned by company insiders.

Shares of Camden Property Trust (CPT) opened at $94.07 on Tuesday. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 0.64. The stock has a market cap of $8,624.35, a P/E ratio of 20.68, a P/E/G ratio of 3.80 and a beta of 0.41. Camden Property Trust has a 12-month low of $78.38 and a 12-month high of $96.39.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by ($0.03). The business had revenue of $228.18 million for the quarter, compared to the consensus estimate of $226.41 million. Camden Property Trust had a net margin of 16.81% and a return on equity of 4.71%. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.13 earnings per share. equities analysts predict that Camden Property Trust will post 4.53 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 17th. Investors of record on Friday, December 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $3.00 annualized dividend and a yield of 3.19%. Camden Property Trust’s dividend payout ratio (DPR) is 182.93%.

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Camden Property Trust Profile

Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States.

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

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