91,874 Shares in Camden Property Trust (NYSE:CPT) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Camden Property Trust (NYSE:CPT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 91,874 shares of the real estate investment trust's stock, valued at approximately $10,661,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.09% of Camden Property Trust as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. raised its position in shares of 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 worth $170,000 after buying an additional 90 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 worth $2,102,000 after acquiring an additional 98 shares during the last quarter. First American Bank raised its holdings in shares of 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 worth $1,259,000 after purchasing an additional 104 shares during the period. Fisher Asset Management LLC lifted its stake in shares of 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 in the last quarter. Finally, Quent Capital LLC grew its holdings in shares of Camden Property Trust by 87.0% during the 4th quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock worth $28,000 after purchasing an additional 114 shares during the period. Institutional investors and hedge funds own 97.22% of the company's stock.

Insider Activity at Camden Property Trust

In related news, CEO Richard J. Campo sold 5,572 shares of the business's stock in a transaction 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 transaction, the chief executive officer now owns 289,720 shares of the company's stock, valued at approximately $34,621,540. The trade was a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Steven A. Webster sold 1,200 shares of the business's stock in a transaction on Friday, May 16th. The shares were sold at an average price of $118.76, for a total transaction of $142,512.00. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,907 shares of company stock worth $824,860. 1.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CPT. Stifel Nicolaus raised their price target 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. Royal Bank of Canada increased their price objective on shares of Camden Property Trust from $121.00 to $123.00 and gave the stock a "sector perform" rating in a research report on Monday, February 10th. Evercore ISI lifted 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 report on Monday, February 10th. Wall Street Zen cut shares of Camden Property Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Finally, Truist Financial set a $131.00 price target on Camden Property Trust and gave the company a "buy" rating in a report on Monday, May 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $129.78.

Camden Property Trust Stock Up 0.1%

Shares of Camden Property Trust stock traded up $0.09 during midday trading on Wednesday, reaching $117.79. 662,052 shares of the company's stock traded hands, compared to its average volume of 919,953. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14. Camden Property Trust has a 52 week low of $102.35 and a 52 week high of $127.69. The company's 50 day simple moving average is $115.03 and its 200 day simple moving average is $117.17. The company has a market cap of $12.58 billion, a price-to-earnings ratio of 78.53, a price-to-earnings-growth ratio of 4.41 and a beta of 0.79.

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

About Camden Property Trust

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.