Machina Capital S.A.S. Sells 8,174 Shares of Camden Property Trust (NYSE:CPT)

Machina Capital S.A.S. lessened its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 71.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,324 shares of the real estate investment trust's stock after selling 8,174 shares during the quarter. Machina Capital S.A.S.'s holdings in Camden Property Trust were worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Parkside Financial Bank & Trust boosted its holdings in Camden Property Trust by 60.8% during the third quarter. Parkside Financial Bank & Trust now owns 381 shares of the real estate investment trust's stock worth $36,000 after buying an additional 144 shares in the last quarter. Tobam boosted its stake in shares of Camden Property Trust by 4,166.7% during the 4th quarter. Tobam now owns 384 shares of the real estate investment trust's stock worth $38,000 after acquiring an additional 375 shares in the last quarter. Federated Hermes Inc. acquired a new stake in shares of Camden Property Trust in the 3rd quarter worth approximately $69,000. Cetera Trust Company N.A purchased a new position in Camden Property Trust in the 4th quarter valued at approximately $116,000. Finally, Canton Hathaway LLC acquired a new position in Camden Property Trust during the fourth quarter worth $149,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Morgan Stanley raised their price target on Camden Property Trust from $95.00 to $98.00 and gave the company an "equal weight" rating in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Camden Property Trust in a report on Tuesday, January 30th. They issued a "hold" rating and a $90.00 price target on the stock. StockNews.com raised shares of Camden Property Trust from a "sell" rating to a "hold" rating in a research note on Tuesday, April 30th. Royal Bank of Canada upped their target price on Camden Property Trust from $107.00 to $110.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Barclays downgraded Camden Property Trust from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $138.00 to $100.00 in a research report on Tuesday, February 20th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $107.06.

Camden Property Trust Trading Up 0.0 %

CPT stock traded up $0.01 on Tuesday, hitting $105.99. 841,670 shares of the company were exchanged, compared to its average volume of 1,113,913. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.88. The stock has a market capitalization of $11.54 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 3.94 and a beta of 0.82. Camden Property Trust has a twelve month low of $82.81 and a twelve month high of $114.04. The business's fifty day moving average is $98.42 and its two-hundred day moving average is $95.49.

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 58,634 apartment homes across the United States.