2,206 Shares in Camden Property Trust (NYSE:CPT) Purchased by Private Advisor Group LLC

Private Advisor Group LLC acquired a new position in Camden Property Trust (NYSE:CPT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,206 shares of the real estate investment trust’s stock, valued at approximately $219,000.

Other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale increased its stake in Camden Property Trust by 0.3% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 97,859 shares of the real estate investment trust’s stock worth $9,272,000 after buying an additional 317 shares during the period. MBB Public Markets I LLC increased its position in shares of Camden Property Trust by 201.2% during 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 acquiring an additional 156,985 shares during the period. Twin Capital Management Inc. bought a new stake in shares of Camden Property Trust during the fourth quarter valued at approximately $811,000. Cerity Partners LLC purchased a new stake in shares of Camden Property Trust in the fourth quarter valued at approximately $6,966,000. Finally, Bank of Nova Scotia grew its stake in Camden Property Trust by 13.8% in the third quarter. Bank of Nova Scotia now owns 10,519 shares of the real estate investment trust’s stock worth $995,000 after purchasing an additional 1,277 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Analyst Upgrades and Downgrades

CPT has been the subject of several research reports. StockNews.com upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. Scotiabank increased their target price on shares of Camden Property Trust from $104.00 to $108.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 14th. UBS Group boosted their price target on shares of Camden Property Trust from $105.00 to $109.00 and gave the company a “neutral” rating in a report on Tuesday, May 14th. Mizuho upped their price target on shares of Camden Property Trust from $99.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Finally, Morgan Stanley lifted their price objective on shares of Camden Property Trust from $98.00 to $105.50 and gave the company an “equal weight” rating in a report on Tuesday, May 14th. Two equities research 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. According to data from MarketBeat, Camden Property Trust presently has a consensus rating of “Hold” and an average target price of $108.36.

Camden Property Trust Stock Performance

Shares of CPT opened at $103.60 on Friday. The stock has a 50-day moving average of $100.57 and a two-hundred day moving average of $96.98. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market cap of $11.04 billion, a P/E ratio of 25.39, a P/E/G ratio of 4.07 and a beta of 0.82. Camden Property Trust has a one year low of $82.81 and a one year high of $114.04.

Camden Property Trust Profile

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.