Camden Property Trust (NYSE:CPT) Stock Holdings Lifted by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its stake in Camden Property Trust (NYSE:CPT) by 0.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 417,529 shares of the real estate investment trust’s stock after acquiring an additional 2,579 shares during the period. Daiwa Securities Group Inc.’s holdings in Camden Property Trust were worth $51,577,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CPT. Kings Path Partners LLC bought a new position in shares of Camden Property Trust in the second quarter valued at $33,000. Federated Hermes Inc. purchased a new position in Camden Property Trust during the 2nd quarter worth approximately $33,000. Family Firm Inc. purchased a new position in Camden Property Trust during the 2nd quarter worth approximately $39,000. Versant Capital Management Inc grew its position in Camden Property Trust by 2,187.5% during the 2nd quarter. Versant Capital Management Inc now owns 366 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 350 shares in the last quarter. Finally, American Capital Advisory LLC grew its position in Camden Property Trust by 42.7% during the 3rd quarter. American Capital Advisory LLC now owns 428 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 128 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Camden Property Trust in a research report on Wednesday, September 4th. They set a “neutral” rating and a $139.00 price objective on the stock. Evercore ISI lifted their price objective on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock an “in-line” rating in a research report on Monday, September 16th. Bank of America upgraded shares of Camden Property Trust from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $111.00 to $147.00 in a research report on Monday, August 12th. Stifel Nicolaus cut shares of Camden Property Trust from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $120.00 to $121.00 in a research report on Wednesday, November 13th. Finally, BNP Paribas began coverage on shares of Camden Property Trust in a report on Wednesday, September 11th. They set a “neutral” rating and a $129.00 price target on the stock. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $122.50.

Camden Property Trust Trading Up 0.7 %

Shares of NYSE:CPT opened at $122.90 on Friday. The stock has a market capitalization of $13.11 billion, a PE ratio of 38.89, a P/E/G ratio of 4.45 and a beta of 0.91. Camden Property Trust has a 1 year low of $87.61 and a 1 year high of $127.69. The firm has a fifty day moving average price of $120.92 and a 200 day moving average price of $115.45. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.72.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Monday, September 30th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date was Monday, September 30th. Camden Property Trust’s dividend payout ratio is presently 130.38%.

About Camden Property Trust

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 58,250 apartment homes across the United States.