Swiss National Bank Has $51.50 Million Holdings in Camden Property Trust (NYSE:CPT)

Swiss National Bank trimmed its position in shares of Camden Property Trust (NYSE:CPT) by 0.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 493,300 shares of the real estate investment trust’s stock after selling 300 shares during the period. Swiss National Bank owned approximately 0.51% of Camden Property Trust worth $51,496,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of Camden Property Trust by 3.2% in the first quarter. BlackRock Inc. now owns 13,184,993 shares of the real estate investment trust’s stock worth $1,338,278,000 after acquiring an additional 408,477 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Camden Property Trust by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,380,599 shares of the real estate investment trust’s stock valued at $121,560,000 after buying an additional 5,954 shares during the last quarter. Geode Capital Management LLC raised its holdings in Camden Property Trust by 8.3% in the 4th quarter. Geode Capital Management LLC now owns 1,280,615 shares of the real estate investment trust’s stock valued at $112,701,000 after buying an additional 98,418 shares during the last quarter. Northern Trust Corp raised its holdings in Camden Property Trust by 3.4% in the 1st quarter. Northern Trust Corp now owns 1,279,806 shares of the real estate investment trust’s stock valued at $129,901,000 after buying an additional 41,499 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in Camden Property Trust by 56.3% in the 1st quarter. Janus Henderson Group PLC now owns 625,111 shares of the real estate investment trust’s stock valued at $63,453,000 after buying an additional 225,073 shares during the last quarter. Hedge funds and other institutional investors own 93.73% of the company’s stock.

In related news, Director William B. Mcguire sold 1,979 shares of Camden Property Trust stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $104.12, for a total value of $206,053.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Richard J. Campo sold 60,000 shares of Camden Property Trust stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of $105.32, for a total transaction of $6,319,200.00. Following the completion of the sale, the chairman now directly owns 273,948 shares of the company’s stock, valued at approximately $28,852,203.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 115,679 shares of company stock valued at $12,215,407. Insiders own 3.40% of the company’s stock.

Shares of CPT stock opened at $107.11 on Tuesday. The company has a market cap of $10.28 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 3.05 and a beta of 0.45. Camden Property Trust has a 52 week low of $83.67 and a 52 week high of $110.42. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $106.37 and a 200-day moving average of $102.51.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, July 25th. The real estate investment trust reported $0.43 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.84). The company had revenue of $255.76 million for the quarter, compared to analyst estimates of $252.76 million. Camden Property Trust had a return on equity of 4.48% and a net margin of 16.05%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business earned $1.00 EPS. Analysts anticipate that Camden Property Trust will post 5.08 earnings per share for the current year.

CPT has been the subject of a number of research reports. KeyCorp raised their price objective on shares of Camden Property Trust from $105.00 to $112.00 and gave the company an “overweight” rating in a report on Wednesday, July 10th. DA Davidson downgraded shares of Camden Property Trust from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 23rd. Zacks Investment Research downgraded shares of Camden Property Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, June 25th. Zelman & Associates raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Monday, August 12th. Finally, Citigroup increased their target price on shares of Camden Property Trust from $100.00 to $109.00 and gave the company a “neutral” rating in a research report on Tuesday, July 30th. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $102.85.

Camden Property Trust Profile

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 161 properties containing 55,160 apartment homes across the United States.

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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