Nisa Investment Advisors LLC increased its position in shares of Camden Property Trust (NYSE:CPT) by 86.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 86,120 shares of the real estate investment trust’s stock after buying an additional 40,000 shares during the period. Nisa Investment Advisors LLC owned about 0.10% of Camden Property Trust worth $7,212,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. Investment Counselors of Maryland LLC increased its stake in Camden Property Trust by 6.4% in the second quarter. Investment Counselors of Maryland LLC now owns 1,660 shares of the real estate investment trust’s stock worth $147,000 after buying an additional 100 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Camden Property Trust during the second quarter valued at $187,000. Bard Associates Inc. acquired a new stake in shares of Camden Property Trust during the second quarter valued at $204,000. Creative Planning increased its stake in shares of Camden Property Trust by 2.8% in the third quarter. Creative Planning now owns 2,584 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 71 shares during the last quarter. Finally, Advisor Group Inc. acquired a new stake in shares of Camden Property Trust during the second quarter valued at $235,000. 96.55% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Camden Property Trust (NYSE:CPT) traded down 0.29% during mid-day trading on Wednesday, reaching $79.03. 628,483 shares of the company were exchanged. The company’s 50-day moving average is $78.63 and its 200 day moving average is $84.08. Camden Property Trust has a 12 month low of $69.76 and a 12 month high of $90.91. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 8.53 and a beta of 0.43.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, October 27th. The real estate investment trust reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.10 by $0.03. The business earned $220.20 million during the quarter, compared to analysts’ expectations of $218.51 million. Camden Property Trust had a return on equity of 15.12% and a net margin of 94.44%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. Analysts predict that Camden Property Trust will post $4.62 EPS for the current year.

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Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $89.00 target price on the stock in a research note on Tuesday. Bank of America Corp. raised shares of Camden Property Trust from a “neutral” rating to a “buy” rating and set a $91.00 target price on the stock in a research note on Wednesday, November 23rd. Barclays PLC reaffirmed a “buy” rating and set a $89.00 target price on shares of Camden Property Trust in a research note on Monday, November 14th. Citigroup Inc. cut their target price on shares of Camden Property Trust from $88.00 to $84.00 and set a “neutral” rating on the stock in a research note on Friday, September 30th. Finally, RBC Capital Markets reaffirmed a “buy” rating on shares of Camden Property Trust in a research note on Monday, August 29th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $87.46.

In other Camden Property Trust news, EVP William W. Sengelmann sold 5,878 shares of the company’s stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of $85.56, for a total transaction of $502,921.68. Following the completion of the sale, the executive vice president now owns 78,689 shares of the company’s stock, valued at $6,732,630.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO H Malcolm Stewart sold 11,122 shares of the company’s stock in a transaction that occurred on Thursday, September 8th. The stock was sold at an average price of $89.63, for a total value of $996,864.86. Following the sale, the chief operating officer now directly owns 252,526 shares of the company’s stock, valued at approximately $22,633,905.38. The disclosure for this sale can be found here. 5.00% of the stock is owned by corporate insiders.

Camden Property Trust Company Profile

Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. The Company operates in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities segment.

5 Day Chart for NYSE:CPT

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