Camden Property Trust (NYSE:CPT) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 33.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,433 shares of the real estate investment trust's stock after acquiring an additional 15,587 shares during the period. U.S. Capital Wealth Advisors LLC owned about 0.06% of Camden Property Trust worth $7,636,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC lifted its position in shares of Camden Property Trust by 33.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 531 shares of the real estate investment trust's stock valued at $61,000 after acquiring an additional 132 shares in the last quarter. Northern Trust Corp lifted its position in shares of Camden Property Trust by 33.7% in the fourth quarter. Northern Trust Corp now owns 1,420,076 shares of the real estate investment trust's stock valued at $164,786,000 after acquiring an additional 357,718 shares in the last quarter. Natixis lifted its position in shares of Camden Property Trust by 741.3% in the fourth quarter. Natixis now owns 18,063 shares of the real estate investment trust's stock valued at $2,096,000 after acquiring an additional 15,916 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Camden Property Trust in the fourth quarter valued at about $13,263,000. Finally, Vanguard Group Inc. lifted its position in shares of Camden Property Trust by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 17,250,406 shares of the real estate investment trust's stock valued at $2,001,737,000 after acquiring an additional 125,287 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related 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 transaction, the director owned 117,374 shares of the company's stock, valued at $13,939,336.24. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard J. Campo sold 5,572 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $119.50, for a total value of $665,854.00. Following the completion of the transaction, the chief executive officer directly owned 289,720 shares in the company, valued at approximately $34,621,540. This trade represents a 1.89% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CPT. JPMorgan Chase & Co. boosted their price objective on Camden Property Trust from $127.00 to $129.00 and gave the company an "underweight" rating in a research report on Tuesday, June 17th. Scotiabank lowered their price objective on Camden Property Trust from $144.00 to $136.00 and set a "sector perform" rating on the stock in a research report on Friday, June 13th. Citigroup upgraded Camden Property Trust from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $125.00 to $138.00 in a research report on Friday, March 28th. Mizuho decreased their target price 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. Finally, Barclays boosted their target price on Camden Property Trust from $127.00 to $136.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $129.39.

Camden Property Trust Trading Down 0.1%

Shares of NYSE:CPT traded down $0.14 on Tuesday, hitting $113.22. 947,047 shares of the company's stock were exchanged, compared to its average volume of 951,816. The stock has a market capitalization of $12.10 billion, a price-to-earnings ratio of 103.87, a price-to-earnings-growth ratio of 3.43 and a beta of 0.77. Camden Property Trust has a 12 month low of $102.35 and a 12 month high of $127.69. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.19 and a quick ratio of 0.19. The business's 50 day simple moving average is $116.16 and its two-hundred day simple moving average is $116.12.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its earnings results on Thursday, May 1st. The real estate investment trust reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.04. The firm had revenue of $390.57 million during the quarter, compared to analyst estimates of $388.47 million. Camden Property Trust had a net margin of 7.62% and a return on equity of 2.47%. The business's revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 earnings per share. Analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date is Monday, June 30th. Camden Property Trust's dividend payout ratio is currently 385.32%.

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.