Mitsubishi UFJ Asset Management Co. Ltd. Boosts Stock Holdings in Camden Property Trust (NYSE:CPT)

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Camden Property Trust (NYSE:CPTFree Report) by 1.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 163,909 shares of the real estate investment trust’s stock after acquiring an additional 1,819 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.15% of Camden Property Trust worth $16,032,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in Camden Property Trust by 41.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,044,988 shares of the real estate investment trust’s stock worth $382,575,000 after purchasing an additional 1,187,974 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Camden Property Trust by 111.4% during the fourth quarter. BNP Paribas Financial Markets now owns 573,956 shares of the real estate investment trust’s stock valued at $56,988,000 after buying an additional 302,439 shares during the period. MBB Public Markets I LLC lifted its holdings in shares of Camden Property Trust by 201.2% in the third quarter. MBB Public Markets I LLC now owns 235,013 shares of the real estate investment trust’s stock worth $22,228,000 after buying an additional 156,985 shares in the last quarter. Invesco Ltd. boosted its position in shares of Camden Property Trust by 13.2% in the third quarter. Invesco Ltd. now owns 1,273,151 shares of the real estate investment trust’s stock valued at $120,415,000 after acquiring an additional 148,809 shares during the period. Finally, Ceredex Value Advisors LLC purchased a new position in Camden Property Trust during the fourth quarter valued at approximately $11,868,000. 97.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on CPT. The Goldman Sachs Group initiated coverage on shares of Camden Property Trust in a research note on Thursday, February 22nd. They issued a “buy” rating and a $112.00 target price on the stock. Morgan Stanley boosted their target price on Camden Property Trust from $98.00 to $105.50 and gave the stock an “equal weight” rating in a research report on Tuesday. Wedbush lifted their price target on Camden Property Trust from $110.00 to $118.00 and gave the company an “outperform” rating in a research report on Monday, May 6th. UBS Group upped their price objective on shares of Camden Property Trust from $105.00 to $109.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Barclays lowered shares of Camden Property Trust from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $138.00 to $100.00 in a research report on Tuesday, February 20th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $108.36.

View Our Latest Stock Report on Camden Property Trust

Camden Property Trust Trading Down 0.0 %

Shares of CPT opened at $106.50 on Friday. The firm has a fifty day simple moving average of $99.95 and a two-hundred day simple moving average of $96.37. Camden Property Trust has a twelve month low of $82.81 and a twelve month high of $114.04. The stock has a market capitalization of $11.35 billion, a P/E ratio of 26.10, a PEG ratio of 2.68 and a beta of 0.82. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.71.

Camden Property Trust Profile

(Free Report)

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.

Further Reading

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

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