Nomura Holdings Inc. Purchases New Position in Camden Property Trust (NYSE:CPT)

Nomura Holdings Inc. acquired a new stake in shares of Camden Property Trust (NYSE:CPT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,898 shares of the real estate investment trust's stock, valued at approximately $1,845,000.

Several other institutional investors have also bought and sold shares of CPT. National Pension Service bought a new position in Camden Property Trust during the 4th quarter valued at $26,000. UMB Bank n.a. raised its stake in shares of 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 buying an additional 98 shares in the last quarter. Quent Capital LLC lifted its holdings in shares of 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 during the period. IAG Wealth Partners LLC acquired a new stake in shares of Camden Property Trust in the fourth quarter valued at $29,000. Finally, Bellwether Advisors LLC bought a new position in Camden Property Trust during the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Stock Down 1.5%

Shares of Camden Property Trust stock traded down $1.73 during midday trading on Friday, hitting $112.67. The company's stock had a trading volume of 358,605 shares, compared to its average volume of 916,064. Camden Property Trust has a 1-year low of $98.35 and a 1-year high of $127.69. 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 has a market capitalization of $12.04 billion, a P/E ratio of 75.15, a PEG ratio of 4.41 and a beta of 0.79. The stock has a 50-day simple moving average of $115.90 and a 200-day simple moving average of $117.42.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $1.72 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 firm had revenue of $390.57 million during the quarter, compared to analyst estimates of $388.47 million. During the same period last year, the company posted $1.70 EPS. The business's quarterly revenue was up 2.0% compared to the same quarter last year. As a group, sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Richard J. Campo sold 5,572 shares of the company's stock in a transaction 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 transaction, the chief executive officer now directly owns 289,720 shares of the company's stock, valued at approximately $34,621,540. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven A. Webster sold 1,200 shares of the stock in a transaction 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 owns 117,374 shares of the company's stock, valued at approximately $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. Over the last three months, insiders sold 6,907 shares of company stock worth $824,860. 1.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Evercore ISI boosted their price target on shares of Camden Property Trust from $118.00 to $127.00 and gave the stock an "in-line" rating in a research report on Monday, February 10th. Scotiabank boosted their target price on shares of Camden Property Trust from $135.00 to $144.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th. Barclays increased their target price on shares of Camden Property Trust from $127.00 to $136.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Jefferies Financial Group upgraded shares of Camden Property Trust from a "hold" rating to a "buy" rating and lifted their price target for the stock from $117.00 to $139.00 in a research report on Monday, March 10th. 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. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $129.94.

Camden Property Trust Company 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.