Tidal Investments LLC Has $20.62 Million Stock Holdings in Camden Property Trust (NYSE:CPT)

Tidal Investments LLC boosted its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 152.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,693 shares of the real estate investment trust's stock after purchasing an additional 107,408 shares during the quarter. Tidal Investments LLC owned approximately 0.17% of Camden Property Trust worth $20,619,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Atomi Financial Group Inc. increased its holdings in Camden Property Trust by 7.7% during the 4th quarter. Atomi Financial Group Inc. now owns 2,335 shares of the real estate investment trust's stock worth $271,000 after purchasing an additional 166 shares during the period. ABC Arbitrage SA purchased a new stake in Camden Property Trust during the 4th quarter worth about $821,000. Vanderbilt University increased its holdings in Camden Property Trust by 52.7% during the 4th quarter. Vanderbilt University now owns 7,591 shares of the real estate investment trust's stock worth $881,000 after purchasing an additional 2,619 shares during the period. Smartleaf Asset Management LLC increased its holdings in Camden Property Trust by 33.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 531 shares of the real estate investment trust's stock worth $61,000 after purchasing an additional 132 shares during the period. Finally, Arkadios Wealth Advisors purchased a new stake in Camden Property Trust during the 4th quarter worth about $252,000. Hedge funds and other institutional investors own 97.22% of the company's stock.

Insider Buying and Selling

In other Camden Property Trust news, Director Steven A. Webster sold 1,200 shares of the firm's stock in a transaction dated 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 in the company, valued at $13,939,336.24. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard J. Campo sold 5,572 shares of the firm's stock in a transaction dated 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 owns 289,720 shares in the company, valued at approximately $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. Over the last ninety days, insiders sold 6,907 shares of company stock worth $824,860. Corporate insiders own 1.80% of the company's stock.

Camden Property Trust Stock Down 1.1%

Shares of CPT traded down $1.27 during mid-day trading on Friday, reaching $113.13. The company's stock had a trading volume of 1,289,408 shares, compared to its average volume of 921,858. The business has a fifty day moving average of $115.77 and a 200 day moving average of $117.39. The company has a market cap of $12.09 billion, a price-to-earnings ratio of 75.42, a price-to-earnings-growth 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 quick ratio of 0.15, a current ratio of 0.14 and a debt-to-equity ratio of 0.73.

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 earnings per share (EPS) for the quarter, topping 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 business 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 earned $1.70 earnings per share. Camden Property Trust's quarterly revenue was up 2.0% compared to the same quarter last year. As a group, analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

CPT has been the topic of several recent research reports. Citigroup upgraded Camden Property Trust from a "neutral" rating to a "buy" rating and upped their price target for the stock from $125.00 to $138.00 in a report on Friday, March 28th. Truist Financial set a $131.00 price objective on Camden Property Trust and gave the company a "buy" rating in a report on Monday, May 19th. Scotiabank upped their target price on Camden Property Trust from $135.00 to $144.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Mizuho decreased their target price on Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a research report on Friday. Finally, Jefferies Financial Group raised Camden Property Trust from a "hold" rating to a "buy" rating and increased their price objective for the stock from $117.00 to $139.00 in a research report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $129.78.

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.