Swiss National Bank raised its stake in shares of Camden Property Trust (NYSE:CPT) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 473,500 shares of the real estate investment trust’s stock after buying an additional 24,400 shares during the quarter. Swiss National Bank owned about 510,897.71% of Camden Property Trust worth $43,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in CPT. Teachers Advisors LLC grew its holdings in Camden Property Trust by 39.9% during the 1st quarter. Teachers Advisors LLC now owns 152,829 shares of the real estate investment trust’s stock valued at $12,297,000 after buying an additional 43,573 shares in the last quarter. Bank of Montreal Can grew its holdings in Camden Property Trust by 15.1% during the 2nd quarter. Bank of Montreal Can now owns 30,833 shares of the real estate investment trust’s stock valued at $2,637,000 after buying an additional 4,035 shares in the last quarter. NN Investment Partners Holdings N.V. grew its holdings in Camden Property Trust by 158.4% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 10,091 shares of the real estate investment trust’s stock valued at $863,000 after buying an additional 6,186 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Camden Property Trust by 0.6% during the 2nd quarter. Fisher Asset Management LLC now owns 31,204 shares of the real estate investment trust’s stock valued at $2,668,000 after buying an additional 192 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. grew its holdings in Camden Property Trust by 509.0% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 14,208 shares of the real estate investment trust’s stock valued at $1,215,000 after buying an additional 11,875 shares in the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

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Shares of Camden Property Trust (CPT) opened at $94.92 on Wednesday. The stock has a market capitalization of $8,779.12, a price-to-earnings ratio of 21.05, a P/E/G ratio of 3.87 and a beta of 0.42. Camden Property Trust has a 52-week low of $75.36 and a 52-week high of $96.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.94 and a quick ratio of 1.94.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.03). The company had revenue of $228.18 million during the quarter, compared to the consensus estimate of $226.41 million. Camden Property Trust had a return on equity of 4.71% and a net margin of 16.81%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 earnings per share. analysts anticipate that Camden Property Trust will post 4.53 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 17th. Investors of record on Friday, September 29th were given a $0.75 dividend. The ex-dividend date was Thursday, September 28th. This represents a $3.00 dividend on an annualized basis and a yield of 3.16%. Camden Property Trust’s dividend payout ratio is presently 182.93%.

CPT has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed a “buy” rating and set a $95.00 price objective on shares of Camden Property Trust in a report on Friday, September 8th. Sandler O’Neill raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and increased their price objective for the company from $93.00 to $105.00 in a report on Tuesday, September 5th. Stifel Nicolaus initiated coverage on shares of Camden Property Trust in a report on Friday, September 1st. They set a “buy” rating and a $99.00 price objective for the company. Barclays PLC increased their price objective on shares of Camden Property Trust from $85.00 to $86.00 and gave the company an “equal weight” rating in a report on Tuesday, July 18th. Finally, Deutsche Bank AG increased their price objective on shares of Camden Property Trust from $84.00 to $85.00 and gave the company a “hold” rating in a report on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $92.31.

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.

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

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