Unigestion Holding SA Has $871,000 Stock Holdings in Camden Property Trust (NYSE:CPT)

Unigestion Holding SA boosted its position in Camden Property Trust (NYSE:CPT - Free Report) by 65.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,125 shares of the real estate investment trust's stock after purchasing an additional 2,825 shares during the quarter. Unigestion Holding SA's holdings in Camden Property Trust were worth $871,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Federated Hermes Inc. increased its position in Camden Property Trust by 6.5% during the fourth quarter. Federated Hermes Inc. now owns 1,466 shares of the real estate investment trust's stock valued at $170,000 after acquiring an additional 90 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Camden Property Trust by 0.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,117 shares of the real estate investment trust's stock valued at $2,102,000 after purchasing an additional 98 shares during the period. First American Bank lifted its position in Camden Property Trust by 1.0% in the fourth quarter. First American Bank now owns 10,846 shares of the real estate investment trust's stock worth $1,259,000 after buying an additional 104 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Camden Property Trust by 2.5% in the fourth quarter. Fisher Asset Management LLC now owns 4,297 shares of the real estate investment trust's stock worth $499,000 after purchasing an additional 105 shares during the last quarter. Finally, Quent Capital LLC increased its stake 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 buying an additional 114 shares during the period. 97.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CPT shares. Mizuho dropped their price objective on Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating on the stock in a research report on Friday, May 23rd. Evercore ISI lifted their price target on Camden Property Trust from $118.00 to $127.00 and gave the company an "in-line" rating in a research note on Monday, February 10th. Truist Financial set a $131.00 target price on Camden Property Trust and gave the company a "buy" rating in a report on Monday, May 19th. Scotiabank boosted their price target on shares of Camden Property Trust from $135.00 to $144.00 and gave the stock a "sector perform" rating in a research report on Monday, May 12th. Finally, Stifel Nicolaus upped their price objective on shares of Camden Property Trust from $121.00 to $122.00 and gave the company a "hold" rating in a report on Friday, February 7th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Camden Property Trust has an average rating of "Hold" and an average target price of $129.78.

Camden Property Trust Stock Down 1.6%

CPT stock traded down $1.92 during mid-day trading on Thursday, hitting $115.66. The stock had a trading volume of 674,070 shares, compared to its average volume of 918,973. 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 stock has a market capitalization of $12.36 billion, a price-to-earnings ratio of 77.10, a PEG ratio of 4.41 and a beta of 0.78. The company has a fifty day moving average of $115.03 and a 200 day moving average of $117.17. Camden Property Trust has a 1-year low of $102.35 and a 1-year high of $127.69.

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

Insider Buying and Selling

In other news, Director Steven A. Webster sold 1,200 shares of the 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 completion of the sale, the director now owns 117,374 shares of the company's stock, valued at approximately $13,939,336.24. This represents a 1.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Richard J. Campo sold 5,572 shares of the company's stock in a transaction dated 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 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 disclosure for this sale can be found here. Insiders sold 6,907 shares of company stock worth $824,860 in the last quarter. 1.80% of the stock is owned by corporate insiders.

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.