Deutsche Bank AG Buys 94,218 Shares of Camden Property Trust (NYSE:CPT)

Deutsche Bank AG lifted its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 29.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 419,406 shares of the real estate investment trust's stock after acquiring an additional 94,218 shares during the quarter. Deutsche Bank AG owned about 0.39% of Camden Property Trust worth $48,668,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. National Pension Service bought a new position in Camden Property Trust in the 4th quarter worth $26,000. UMB Bank n.a. raised its holdings in Camden Property Trust by 76.6% in the 4th quarter. UMB Bank n.a. now owns 226 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 98 shares during the period. Quent Capital LLC raised its holdings in Camden Property Trust by 87.0% in the 4th quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock worth $28,000 after acquiring an additional 114 shares during the period. IAG Wealth Partners LLC bought a new position in Camden Property Trust in the 4th quarter worth $29,000. Finally, Bellwether Advisors LLC bought a new position in Camden Property Trust in the 4th quarter worth $31,000. Institutional investors own 97.22% of the company's stock.

Insider Buying and Selling at Camden Property Trust

In other news, CEO Richard J. Campo sold 5,572 shares of Camden Property Trust stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $119.50, for a total value of $665,854.00. Following the completion of the transaction, the chief executive officer now owns 289,720 shares in the company, valued at approximately $34,621,540. The trade was a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.80% of the company's stock.

Camden Property Trust Price Performance

NYSE:CPT opened at $117.26 on Wednesday. The company has a 50-day moving average of $116.22 and a 200-day moving average of $117.39. Camden Property Trust has a 52 week low of $98.35 and a 52 week high of $127.69. The company has a market capitalization of $12.53 billion, a price-to-earnings ratio of 78.17, a PEG ratio of 4.41 and a beta of 0.79. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.04. Camden Property Trust had a return on equity of 3.35% and a net margin of 10.58%. The firm had revenue of $390.57 million for the quarter, compared to analysts' expectations of $388.47 million. During the same period in the prior year, the business posted $1.70 earnings per share. The business's revenue was up 2.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CPT shares. Evercore ISI increased their price objective on Camden Property Trust from $118.00 to $127.00 and gave the company an "in-line" rating in a research report on Monday, February 10th. Stifel Nicolaus increased their price objective on Camden Property Trust from $121.00 to $122.00 and gave the company a "hold" rating in a research report on Friday, February 7th. Barclays increased their price objective on Camden Property Trust from $127.00 to $136.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. StockNews.com raised Camden Property Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Finally, Royal Bank of Canada increased their price objective on Camden Property Trust from $121.00 to $123.00 and gave the company a "sector perform" rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Camden Property Trust currently has an average rating of "Hold" and an average target price of $128.55.

Camden Property Trust 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.

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