Cwm LLC Has $207,000 Stake in Camden Property Trust (NYSE:CPT)

Cwm LLC reduced its stake in Camden Property Trust (NYSE:CPT) by 6.3% in the 4th quarter, Holdings Channel reports. The firm owned 2,086 shares of the real estate investment trust’s stock after selling 141 shares during the period. Cwm LLC’s holdings in Camden Property Trust were worth $207,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its holdings in shares of Camden Property Trust by 18.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,311 shares of the real estate investment trust’s stock worth $219,000 after buying an additional 366 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Camden Property Trust by 5.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 7,952 shares of the real estate investment trust’s stock valued at $752,000 after purchasing an additional 418 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Camden Property Trust by 3,054.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 28,232 shares of the real estate investment trust’s stock worth $2,670,000 after purchasing an additional 27,337 shares during the period. Xponance Inc. increased its stake in shares of Camden Property Trust by 3.3% in the third quarter. Xponance Inc. now owns 14,782 shares of the real estate investment trust’s stock worth $1,398,000 after purchasing an additional 472 shares during the period. Finally, Raymond James & Associates lifted its position in shares of Camden Property Trust by 9.0% during the 3rd quarter. Raymond James & Associates now owns 87,545 shares of the real estate investment trust’s stock worth $8,280,000 after purchasing an additional 7,199 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Piper Sandler reaffirmed an “underweight” rating and issued a $90.00 price target on shares of Camden Property Trust in a research report on Tuesday, March 26th. Truist Financial increased their price target on shares of Camden Property Trust from $113.00 to $114.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Wedbush restated an “outperform” rating and issued a $110.00 price target on shares of Camden Property Trust in a research report on Monday, April 29th. Barclays cut shares of Camden Property Trust from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $138.00 to $100.00 in a research note on Tuesday, February 20th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $103.00 price target on shares of Camden Property Trust in a research note on Monday, February 5th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $104.29.

Camden Property Trust Stock Up 4.5 %

Shares of NYSE:CPT opened at $105.08 on Friday. The company’s fifty day moving average is $97.89 and its 200-day moving average is $95.31. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.88 and a current ratio of 0.88. Camden Property Trust has a 52 week low of $82.81 and a 52 week high of $114.04. The company has a market capitalization of $11.44 billion, a PE ratio of 25.75, a P/E/G ratio of 3.77 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Friday, February 2nd. The real estate investment trust reported $2.03 EPS for the quarter, beating analysts’ consensus estimates of $1.72 by $0.31. The firm had revenue of $387.59 million for the quarter, compared to analyst estimates of $387.33 million. Camden Property Trust had a net margin of 28.78% and a return on equity of 8.92%. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.74 earnings per share. Equities research analysts predict that Camden Property Trust will post 6.72 earnings per share for the current fiscal year.

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 58,634 apartment homes across the United States.