Camden Property Trust (NYSE:CPT) Given New $111.00 Price Target at Mizuho

Camden Property Trust (NYSE:CPT) had its price target lifted by equities researchers at Mizuho from $99.00 to $111.00 in a report issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Mizuho’s target price suggests a potential upside of 4.73% from the stock’s current price.

Several other equities research analysts have also recently weighed in on CPT. Royal Bank of Canada reissued an “outperform” rating and issued a $103.00 price objective on shares of Camden Property Trust in a research report on Monday, February 5th. The Goldman Sachs Group began coverage on Camden Property Trust in a research report on Thursday, February 22nd. They issued a “buy” rating and a $112.00 price objective for the company. Piper Sandler raised Camden Property Trust from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $90.00 to $110.00 in a research report on Monday. Morgan Stanley upped their target price on Camden Property Trust from $95.00 to $98.00 and gave the company an “equal weight” rating in a research note on Monday, February 26th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Camden Property Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $90.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $107.06.

Camden Property Trust Stock Up 0.0 %

CPT opened at $105.99 on Monday. Camden Property Trust has a 1-year low of $82.81 and a 1-year high of $114.04. The company has a current ratio of 0.43, a quick ratio of 0.88 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $11.54 billion, a price-to-earnings ratio of 25.98, a P/E/G ratio of 3.94 and a beta of 0.82. The business has a 50 day moving average of $98.42 and a 200-day moving average of $95.49.

Institutional Trading of Camden Property Trust

Several large investors have recently made changes to their positions in CPT. Lindbrook Capital LLC lifted its position in 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 buying an additional 132 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Camden Property Trust by 60.8% during the third quarter. Parkside Financial Bank & Trust now owns 381 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 144 shares during the last quarter. Tobam increased its holdings in shares of Camden Property Trust by 4,166.7% in the fourth quarter. Tobam now owns 384 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 375 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Camden Property Trust by 23.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 636 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 119 shares during the last quarter. Finally, Quarry LP lifted its holdings in Camden Property Trust by 1,081.5% during the 4th quarter. Quarry LP now owns 638 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 584 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company 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.