Starwood Capital Group Management L.L.C. Has $36.69 Million Position in Camden Property Trust (NYSE:CPT)

Starwood Capital Group Management L.L.C. lifted its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 125.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,179 shares of the real estate investment trust's stock after acquiring an additional 176,000 shares during the period. Camden Property Trust accounts for about 22.4% of Starwood Capital Group Management L.L.C.'s holdings, making the stock its biggest position. Starwood Capital Group Management L.L.C. owned approximately 0.30% of Camden Property Trust worth $36,689,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. UMB Bank n.a. grew its stake in shares of Camden Property Trust by 76.6% during the 4th quarter. UMB Bank n.a. now owns 226 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 98 shares during the period. National Pension Service acquired a new position in Camden Property Trust during the fourth quarter worth about $26,000. Quent Capital LLC increased its holdings in Camden Property Trust by 87.0% in the fourth quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 114 shares in the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of Camden Property Trust during the 4th quarter valued at approximately $29,000. Finally, Bellwether Advisors LLC acquired a new stake in shares of Camden Property Trust during the 4th quarter valued at approximately $31,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Camden Property Trust

In other news, CEO Richard J. Campo sold 5,572 shares of the 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 directly owns 289,720 shares in the company, valued at $34,621,540. This trade represents 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. Also, Director Steven A. Webster sold 1,200 shares of the business's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $118.76, for a total value of $142,512.00. Following the sale, the director now directly owns 117,374 shares in the company, valued at approximately $13,939,336.24. The trade was a 1.01% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,907 shares of company stock worth $824,860. Company insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

CPT has been the subject of several research reports. StockNews.com cut Camden Property Trust from a "hold" rating to a "sell" rating in a report on Friday. Wells Fargo & Company cut their price target on Camden Property Trust from $127.00 to $120.00 and set an "equal weight" rating for the company in a research note on Friday, January 24th. Jefferies Financial Group upgraded shares of Camden Property Trust from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $117.00 to $139.00 in a research report on Monday, March 10th. Scotiabank increased their price objective on shares of Camden Property Trust from $135.00 to $144.00 and gave the company a "sector perform" rating in a research note on Monday, May 12th. Finally, Royal Bank of Canada lifted their target price on shares of Camden Property Trust from $121.00 to $123.00 and gave the stock a "sector perform" rating in a research report on Monday, February 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, Camden Property Trust presently has an average rating of "Hold" and an average target price of $129.94.

Camden Property Trust Stock Down 0.2%

CPT stock traded down $0.21 during trading on Tuesday, reaching $118.85. The stock had a trading volume of 574,905 shares, compared to its average volume of 918,158. The company has a market capitalization of $12.70 billion, a P/E ratio of 79.23, a PEG ratio of 4.41 and a beta of 0.79. Camden Property Trust has a 1-year low of $98.35 and a 1-year high of $127.69. The company has a current ratio of 0.14, a quick ratio of 0.15 and a debt-to-equity ratio of 0.73. The firm has a fifty day moving average price of $116.07 and a 200 day moving average price of $117.45.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.04. Camden Property Trust had a net margin of 10.58% and a return on equity of 3.35%. The company had revenue of $390.57 million during the quarter, compared to the consensus estimate of $388.47 million. During the same quarter in the previous year, the firm earned $1.70 EPS. The company's revenue was up 2.0% on a year-over-year basis. On average, equities analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

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.