Dimensional Fund Advisors LP Purchases 16,389 Shares of Camden Property Trust (NYSE:CPT)

Dimensional Fund Advisors LP raised its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,547,287 shares of the real estate investment trust's stock after buying an additional 16,389 shares during the quarter. Dimensional Fund Advisors LP owned about 1.45% of Camden Property Trust worth $153,633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of CPT. Parkside Financial Bank & Trust grew its stake in shares of 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 valued at $36,000 after buying an additional 144 shares during the last quarter. Tobam increased its stake in Camden Property Trust by 4,166.7% in the 4th quarter. Tobam now owns 384 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 375 shares during the period. Federated Hermes Inc. bought a new stake in Camden Property Trust in the third quarter valued at approximately $69,000. Cetera Trust Company N.A purchased a new stake in shares of Camden Property Trust during the fourth quarter valued at approximately $116,000. Finally, Canton Hathaway LLC bought a new position in shares of Camden Property Trust in the fourth quarter worth approximately $149,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CPT. Royal Bank of Canada increased their price target on shares of Camden Property Trust from $107.00 to $110.00 and gave the company an "outperform" rating in a research report on Monday, May 6th. Wedbush raised their target price on Camden Property Trust from $110.00 to $118.00 and gave the stock an "outperform" rating in a research note on Monday, May 6th. Truist Financial increased their price objective on Camden Property Trust from $113.00 to $114.00 and gave the stock a "buy" rating in a report on Tuesday, April 9th. Barclays cut Camden Property Trust from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $138.00 to $100.00 in a research note on Tuesday, February 20th. Finally, UBS Group raised their price target on Camden Property Trust from $105.00 to $109.00 and gave the stock a "neutral" rating in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $108.36.

Camden Property Trust Stock Down 0.0 %

CPT stock traded down $0.02 on Friday, reaching $106.50. 833,836 shares of the company traded hands, compared to its average volume of 919,329. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.43. The firm has a fifty day simple moving average of $99.95 and a 200-day simple moving average of $96.45. Camden Property Trust has a one year low of $82.81 and a one year high of $114.04. The company has a market cap of $11.35 billion, a P/E ratio of 26.10, a price-to-earnings-growth ratio of 2.68 and a beta of 0.82.

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.