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Toronto Dominion Bank Has $6.62 Million Holdings in Camden Property Trust (NYSE:CPT)

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Toronto Dominion Bank grew its position in Camden Property Trust (NYSE:CPT - Free Report) by 8.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,073 shares of the real estate investment trust's stock after purchasing an additional 4,404 shares during the period. Toronto Dominion Bank owned about 0.05% of Camden Property Trust worth $6,623,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CPT. Norges Bank acquired a new position in Camden Property Trust during the 4th quarter worth about $187,606,000. Invesco Ltd. lifted its position in Camden Property Trust by 17.3% during the 4th quarter. Invesco Ltd. now owns 2,968,221 shares of the real estate investment trust's stock worth $344,432,000 after buying an additional 438,685 shares in the last quarter. Northern Trust Corp lifted its position in Camden Property Trust by 33.7% during the 4th quarter. Northern Trust Corp now owns 1,420,076 shares of the real estate investment trust's stock worth $164,786,000 after buying an additional 357,718 shares in the last quarter. Centersquare Investment Management LLC lifted its position in Camden Property Trust by 15.9% during the 4th quarter. Centersquare Investment Management LLC now owns 2,522,398 shares of the real estate investment trust's stock worth $292,699,000 after buying an additional 345,331 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Camden Property Trust by 6.7% during the 4th quarter. Victory Capital Management Inc. now owns 4,400,846 shares of the real estate investment trust's stock worth $510,674,000 after buying an additional 277,117 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company's stock.

Analyst Ratings Changes

CPT has been the topic of several research reports. Stifel Nicolaus upped their price target on shares of Camden Property Trust from $121.00 to $122.00 and gave the stock a "hold" rating in a research report on Friday, February 7th. Wall Street Zen downgraded shares of Camden Property Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Royal Bank of Canada upped their target price on shares of 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. Evercore ISI upped their target price on shares of 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. Finally, Truist Financial set a $131.00 target price on shares of Camden Property Trust and gave the company a "buy" rating in a research report on Monday, May 19th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $129.78.

Read Our Latest Analysis on Camden Property Trust

Insider Transactions at Camden Property Trust

In other news, CEO Richard J. Campo sold 5,572 shares of the firm's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $119.50, for a total transaction of $665,854.00. Following the completion of the transaction, the chief executive officer now directly owns 289,720 shares of the company's stock, valued at $34,621,540. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven A. Webster sold 1,200 shares of the firm'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 transaction of $142,512.00. Following the transaction, the director now directly owns 117,374 shares of the company's stock, valued at $13,939,336.24. This represents a 1.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,907 shares of company stock valued at $824,860 in the last ninety days. 1.80% of the stock is currently owned by corporate insiders.

Camden Property Trust Stock Up 0.0%

NYSE CPT traded up $0.02 during trading hours on Tuesday, reaching $117.85. 1,737,341 shares of the company's stock were exchanged, compared to its average volume of 921,327. The company's 50-day moving average is $115.12 and its two-hundred day moving average is $117.16. Camden Property Trust has a one year low of $102.35 and a one year high of $127.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14. The company has a market capitalization of $12.59 billion, a price-to-earnings ratio of 78.57, a price-to-earnings-growth ratio of 4.41 and a beta of 0.79.

Camden Property Trust (NYSE:CPT - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $1.72 earnings per share (EPS) for the quarter, topping 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 business had revenue of $390.57 million during the quarter, compared to analysts' expectations of $388.47 million. During the same period in the prior year, the business earned $1.70 EPS. Camden Property Trust's revenue for the quarter was up 2.0% compared to the same quarter last year. On average, analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

About Camden Property Trust

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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