Camden Property Trust (NYSE:CPT) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP increased its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 158.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,161 shares of the real estate investment trust's stock after buying an additional 142,864 shares during the period. Two Sigma Investments LP owned about 0.22% of Camden Property Trust worth $27,056,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its stake in Camden Property Trust by 6.5% in the 4th quarter. Federated Hermes Inc. now owns 1,466 shares of the real estate investment trust's stock valued at $170,000 after purchasing an additional 90 shares during the last quarter. UMB Bank n.a. raised its stake 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 valued at $26,000 after purchasing an additional 98 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Camden Property Trust by 0.5% in the 4th 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 last quarter. First American Bank raised its stake in Camden Property Trust by 1.0% in the 4th quarter. First American Bank now owns 10,846 shares of the real estate investment trust's stock valued at $1,259,000 after purchasing an additional 104 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Camden Property Trust by 2.5% in the 4th quarter. Fisher Asset Management LLC now owns 4,297 shares of the real estate investment trust's stock valued at $499,000 after purchasing an additional 105 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Stock Up 1.3%

Shares of Camden Property Trust stock traded up $1.51 on Tuesday, hitting $114.54. 148,403 shares of the company's stock traded hands, compared to its average volume of 918,865. The stock has a market cap of $12.24 billion, a P/E ratio of 76.45, a PEG ratio of 4.41 and a beta of 0.79. The company has a quick ratio of 0.15, a current ratio of 0.14 and a debt-to-equity ratio of 0.73. The firm's 50-day moving average is $115.64 and its 200 day moving average is $117.32. Camden Property Trust has a 52-week low of $98.35 and a 52-week high of $127.69.

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 EPS for the quarter, beating the consensus estimate of $1.68 by $0.04. The company had revenue of $390.57 million during the quarter, compared to analysts' expectations of $388.47 million. Camden Property Trust had a return on equity of 3.35% and a net margin of 10.58%. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.70 EPS. Equities analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Scotiabank boosted their target price 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. Jefferies Financial Group raised shares of Camden Property Trust from a "hold" rating to a "buy" rating and boosted their target price for the company from $117.00 to $139.00 in a research note on Monday, March 10th. Royal Bank of Canada upped their price objective on shares of Camden Property Trust from $121.00 to $123.00 and gave the company a "sector perform" rating in a research note on Monday, February 10th. Evercore ISI upped their price objective on shares of 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. 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 research note on Friday, February 7th. Two 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. According to data from MarketBeat.com, Camden Property Trust currently has an average rating of "Hold" and an average price target of $129.78.

Insider Activity

In related news, Director Steven A. Webster sold 1,200 shares of the company'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 sale, the director now directly 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 legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard J. Campo sold 5,572 shares of the company'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 value of $665,854.00. Following the sale, the chief executive officer now directly owns 289,720 shares in the company, valued at approximately $34,621,540. This represents a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 6,907 shares of company stock worth $824,860. 1.80% of the stock is currently owned by 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.