Camden Property Trust (NYSE:CPT) Shares Acquired by Heitman Real Estate Securities LLC

Heitman Real Estate Securities LLC boosted its position in shares of Camden Property Trust (NYSE:CPT) by 3,155.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 449,295 shares of the real estate investment trust’s stock after acquiring an additional 435,495 shares during the period. Camden Property Trust comprises 3.0% of Heitman Real Estate Securities LLC’s investment portfolio, making the stock its 11th biggest holding. Heitman Real Estate Securities LLC owned about 0.42% of Camden Property Trust worth $55,501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CPT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Camden Property Trust by 508.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 946,417 shares of the real estate investment trust’s stock worth $116,911,000 after buying an additional 790,974 shares in the last quarter. Duquesne Family Office LLC acquired a new position in shares of Camden Property Trust during the second quarter valued at $63,056,000. FMR LLC grew its holdings in shares of Camden Property Trust by 14.5% during the third quarter. FMR LLC now owns 3,297,370 shares of the real estate investment trust’s stock worth $407,324,000 after buying an additional 416,701 shares in the last quarter. Jennison Associates LLC acquired a new stake in Camden Property Trust during the 3rd quarter worth approximately $47,140,000. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Camden Property Trust by 4,254.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 341,810 shares of the real estate investment trust’s stock worth $42,224,000 after buying an additional 333,961 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price target on Camden Property Trust from $90.00 to $115.00 and gave the stock a “hold” rating in a report on Tuesday, September 10th. StockNews.com lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Evercore ISI lifted their price objective on shares of Camden Property Trust from $116.00 to $118.00 and gave the company an “in-line” rating in a report on Monday, September 16th. Scotiabank lowered their target price 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. Finally, Wells Fargo & Company raised shares of Camden Property Trust from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $104.00 to $127.00 in a research report on Monday, August 26th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $122.50.

Camden Property Trust Stock Down 1.5 %

NYSE CPT opened at $123.96 on Tuesday. The stock’s 50 day moving average is $120.93 and its 200 day moving average is $116.38. Camden Property Trust has a 12 month low of $90.50 and a 12 month high of $127.69. The stock has a market cap of $13.22 billion, a PE ratio of 39.23, a P/E/G ratio of 4.59 and a beta of 0.92. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Monday, September 30th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 3.32%. The ex-dividend date was Monday, September 30th. Camden Property Trust’s payout ratio is currently 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.