Doliver Advisors LP Grows Position in Camden Property Trust (NYSE:CPT)

Doliver Advisors LP raised its holdings in Camden Property Trust (NYSE:CPT) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,801 shares of the real estate investment trust’s stock after acquiring an additional 113 shares during the quarter. Doliver Advisors LP’s holdings in Camden Property Trust were worth $209,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Verdence Capital Advisors LLC boosted its holdings in Camden Property Trust by 5.0% during the third quarter. Verdence Capital Advisors LLC now owns 2,379 shares of the real estate investment trust’s stock worth $294,000 after buying an additional 113 shares in the last quarter. American Capital Advisory LLC boosted its stake in shares of 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 acquiring an additional 128 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Camden Property Trust by 0.5% during the 2nd quarter. ProShare Advisors LLC now owns 31,349 shares of the real estate investment trust’s stock worth $3,420,000 after acquiring an additional 146 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Camden Property Trust by 1.6% in the 3rd quarter. MML Investors Services LLC now owns 9,294 shares of the real estate investment trust’s stock worth $1,148,000 after acquiring an additional 147 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Camden Property Trust by 5.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,000 shares of the real estate investment trust’s stock worth $371,000 after purchasing an additional 155 shares during the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on CPT shares. JPMorgan Chase & Co. lowered Camden Property Trust from a “neutral” rating to an “underweight” rating and lowered their target price for the company from $129.00 to $128.00 in a report on Tuesday, December 17th. Scotiabank lowered their price objective on shares of Camden Property Trust from $132.00 to $130.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 14th. BNP Paribas started coverage on shares of Camden Property Trust in a research report on Wednesday, September 11th. They set a “neutral” rating and a $129.00 target price for the company. Evercore ISI increased their price target on shares of Camden Property Trust from $116.00 to $118.00 and gave the company an “in-line” rating in a research report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Camden Property Trust from $90.00 to $115.00 and gave the stock a “hold” rating in a research report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $126.75.

Camden Property Trust Stock Down 3.0 %

CPT opened at $113.50 on Tuesday. Camden Property Trust has a 12 month low of $90.50 and a 12 month high of $127.69. The business has a 50-day moving average of $119.37 and a two-hundred day moving average of $118.52. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a market capitalization of $12.11 billion, a price-to-earnings ratio of 35.92, a price-to-earnings-growth ratio of 4.40 and a beta of 0.94.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Wednesday, December 18th will be issued a $1.03 dividend. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $4.12 dividend on an annualized basis and a yield of 3.63%. Camden Property Trust’s payout ratio is 130.38%.

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 58,250 apartment homes across the United States.