Camden Property Trust (NYSE:CPT) Shares Sold by Vident Advisory LLC

Vident Advisory LLC lessened its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 47.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,022 shares of the real estate investment trust's stock after selling 10,852 shares during the period. Vident Advisory LLC's holdings in Camden Property Trust were worth $1,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CPT. UMB Bank n.a. boosted its position 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 valued at $26,000 after purchasing an additional 98 shares during the period. National Pension Service purchased a new position in Camden Property Trust in the 4th quarter valued at approximately $26,000. Quent Capital LLC increased its position in Camden Property Trust by 87.0% during the fourth quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust's stock worth $28,000 after buying an additional 114 shares in the last quarter. IAG Wealth Partners LLC acquired a new stake in shares of Camden Property Trust during the fourth quarter worth $29,000. Finally, Bellwether Advisors LLC acquired a new stake in shares of Camden Property Trust during the fourth quarter worth $31,000. Hedge funds and other institutional investors own 97.22% of the company's stock.

Camden Property Trust Stock Up 0.0%

NYSE CPT traded up $0.01 on Wednesday, hitting $115.09. The stock had a trading volume of 147,293 shares, compared to its average volume of 918,362. Camden Property Trust has a 52-week low of $98.35 and a 52-week high of $127.69. The business's fifty day moving average price is $115.54 and its 200 day moving average price is $117.31. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.14 and a quick ratio of 0.15. The stock has a market cap of $12.30 billion, a price-to-earnings ratio of 76.77, a price-to-earnings-growth ratio of 4.41 and a beta of 0.79.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings data 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 net margin of 10.58% and a return on equity of 3.35%. The business had revenue of $390.57 million during the quarter, compared to the consensus estimate of $388.47 million. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The company's revenue was up 2.0% compared to the same quarter last year. Equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, Director Steven A. Webster sold 1,200 shares of the business's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $118.76, for a total value of $142,512.00. Following the transaction, the director now directly owns 117,374 shares in the company, valued at $13,939,336.24. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Richard J. Campo sold 5,572 shares of the business's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $119.50, for a total transaction of $665,854.00. Following the completion of the transaction, the chief executive officer now owns 289,720 shares in the company, valued at $34,621,540. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,907 shares of company stock worth $824,860 in the last ninety days. 1.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CPT has been the topic of several research reports. Truist Financial set a $131.00 price objective on Camden Property Trust and gave the company a "buy" rating in a research report on Monday, May 19th. Stifel Nicolaus increased their price objective on Camden Property Trust from $121.00 to $122.00 and gave the company a "hold" rating in a research report on Friday, February 7th. Royal Bank of Canada upped their price target on shares of Camden Property Trust from $121.00 to $123.00 and gave the stock a "sector perform" rating in a research note on Monday, February 10th. Jefferies Financial Group upgraded Camden Property Trust from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $117.00 to $139.00 in a research note on Monday, March 10th. Finally, Barclays lifted 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 given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price 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.