Koch Industries Inc. bought a new position in Camden Property Trust (NYSE:CPT) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 238,595 shares of the real estate investment trust’s stock, valued at approximately $236,000. Koch Industries Inc. owned approximately 0.27% of Camden Property Trust at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its stake in Camden Property Trust by 4.4% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 31,988 shares of the real estate investment trust’s stock worth $2,735,000 after purchasing an additional 1,334 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Camden Property Trust by 0.6% in the 2nd quarter. Fisher Asset Management LLC now owns 31,204 shares of the real estate investment trust’s stock worth $2,668,000 after purchasing an additional 192 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Camden Property Trust by 9.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 993,562 shares of the real estate investment trust’s stock worth $79,942,000 after purchasing an additional 83,759 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Camden Property Trust by 20.3% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 28,377 shares of the real estate investment trust’s stock worth $2,427,000 after purchasing an additional 4,788 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in Camden Property Trust by 3.1% in the 2nd quarter. BlackRock Inc. now owns 10,451,376 shares of the real estate investment trust’s stock worth $893,697,000 after purchasing an additional 310,886 shares in the last quarter. Institutional investors and hedge funds own 90.44% of the company’s stock.

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In other Camden Property Trust news, Director William B. Mcguire sold 3,234 shares of the stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $89.77, for a total transaction of $290,316.18. Following the completion of the sale, the director now directly owns 1,007 shares of the company’s stock, valued at $90,398.39. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP William W. Sengelmann sold 5,085 shares of the stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $90.15, for a total transaction of $458,412.75. Following the sale, the executive vice president now directly owns 71,836 shares of the company’s stock, valued at $6,476,015.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 118,584 shares of company stock valued at $10,618,035. Insiders own 4.70% of the company’s stock.

Shares of Camden Property Trust (NYSE CPT) opened at 92.26 on Friday. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 20.64 and a beta of 0.41. The firm has a 50-day moving average of $92.96 and a 200-day moving average of $87.52. Camden Property Trust has a one year low of $75.36 and a one year high of $96.39.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $1.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.02. Camden Property Trust had a net margin of 46.10% and a return on equity of 13.17%. The company had revenue of $222.40 million for the quarter, compared to analysts’ expectations of $222.44 million. During the same period in the prior year, the business earned $1.15 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. Equities research analysts forecast that Camden Property Trust will post $1.73 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 17th. Shareholders of record on Friday, September 29th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend was Thursday, September 28th. Camden Property Trust’s payout ratio is 67.11%.

Several research firms have issued reports on CPT. Mizuho reiterated a “hold” rating and issued a $90.00 target price on shares of Camden Property Trust in a research note on Sunday, October 15th. Royal Bank Of Canada reiterated a “buy” rating and issued a $91.00 target price on shares of Camden Property Trust in a research note on Sunday, July 16th. Barclays PLC increased their target price on shares of Camden Property Trust from $85.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 18th. Robert W. Baird reissued a “neutral” rating and issued a $96.00 price target (up previously from $92.00) on shares of Camden Property Trust in a report on Friday, September 22nd. Finally, UBS AG reissued a “sell” rating and issued a $86.00 price target (up previously from $80.00) on shares of Camden Property Trust in a report on Thursday, September 14th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. Camden Property Trust presently has a consensus rating of “Hold” and an average price target of $92.06.

Camden Property Trust 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. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States.

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

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