US Bancorp DE Sells 3,615 Shares of Camden Property Trust (NYSE:CPT)

US Bancorp DE decreased its position in shares of Camden Property Trust (NYSE:CPTFree Report) by 35.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,466 shares of the real estate investment trust’s stock after selling 3,615 shares during the quarter. US Bancorp DE’s holdings in Camden Property Trust were worth $642,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. King Luther Capital Management Corp increased its holdings in shares of Camden Property Trust by 28.4% during the fourth quarter. King Luther Capital Management Corp now owns 7,532 shares of the real estate investment trust’s stock valued at $748,000 after acquiring an additional 1,665 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Camden Property Trust by 23.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 636 shares of the real estate investment trust’s stock worth $63,000 after buying an additional 119 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Camden Property Trust by 9.8% during the fourth quarter. Corient Private Wealth LLC now owns 177,661 shares of the real estate investment trust’s stock worth $17,640,000 after buying an additional 15,906 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its holdings in Camden Property Trust by 90.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,055 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 978 shares in the last quarter. Finally, Norges Bank bought a new stake in Camden Property Trust during the fourth quarter worth $376,933,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Down 0.2 %

Shares of NYSE CPT opened at $106.98 on Friday. Camden Property Trust has a one year low of $82.81 and a one year high of $114.04. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.43. The business’s fifty day moving average price is $101.61 and its 200-day moving average price is $97.97. The stock has a market capitalization of $11.40 billion, a PE ratio of 26.22, a P/E/G ratio of 4.17 and a beta of 0.86.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CPT shares. Barclays downgraded Camden Property Trust from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $138.00 to $100.00 in a report on Tuesday, February 20th. Royal Bank of Canada upped their price target on Camden Property Trust from $107.00 to $110.00 and gave the stock an “outperform” rating in a report on Monday, May 6th. Wells Fargo & Company upped their price target on Camden Property Trust from $92.00 to $104.00 and gave the stock an “underweight” rating in a report on Friday, May 31st. Truist Financial upped their price objective on Camden Property Trust from $113.00 to $114.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. Finally, Morgan Stanley upped their price objective on Camden Property Trust from $98.00 to $105.50 and gave the company an “equal weight” rating in a research note on Tuesday, May 14th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $108.03.

Get Our Latest Stock Report on CPT

About Camden Property Trust

(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 58,634 apartment homes across the United States.

See Also

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

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