Camden Property Trust (NYSE:CPT) Shares Acquired by Jump Financial LLC

Jump Financial LLC raised its position in Camden Property Trust (NYSE:CPT) by 32.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,777 shares of the real estate investment trust’s stock after acquiring an additional 5,051 shares during the quarter. Jump Financial LLC’s holdings in Camden Property Trust were worth $2,411,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CPT. SMART Wealth LLC acquired a new position in shares of Camden Property Trust in the 3rd quarter worth approximately $829,000. Nordea Investment Management AB boosted its position in Camden Property Trust by 15.0% during the 4th quarter. Nordea Investment Management AB now owns 97,907 shares of the real estate investment trust’s stock worth $11,339,000 after acquiring an additional 12,805 shares during the period. Principal Financial Group Inc. grew its stake in shares of Camden Property Trust by 10.5% in the third quarter. Principal Financial Group Inc. now owns 538,876 shares of the real estate investment trust’s stock worth $66,563,000 after purchasing an additional 51,097 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Camden Property Trust by 3.2% during the third quarter. Franklin Resources Inc. now owns 193,685 shares of the real estate investment trust’s stock valued at $23,174,000 after purchasing an additional 5,985 shares during the period. Finally, Atomi Financial Group Inc. raised its stake in shares of Camden Property Trust by 7.7% during the fourth quarter. Atomi Financial Group Inc. now owns 2,335 shares of the real estate investment trust’s stock valued at $271,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on CPT. Royal Bank of Canada raised their target price on shares of Camden Property Trust from $121.00 to $123.00 and gave the company a “sector perform” rating in a research note on Monday, February 10th. StockNews.com raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th. Scotiabank upped their target price on Camden Property Trust from $130.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Friday, February 14th. Evercore ISI lifted their price target on Camden Property Trust from $118.00 to $127.00 and gave the company an “in-line” rating in a research report on Monday, February 10th. Finally, Stifel Nicolaus upped their price objective on Camden Property Trust from $121.00 to $122.00 and gave the company a “hold” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $127.61.

Camden Property Trust Stock Up 1.8 %

Camden Property Trust stock opened at $112.16 on Friday. The firm has a market cap of $12.20 billion, a PE ratio of 74.77, a P/E/G ratio of 4.41 and a beta of 0.79. Camden Property Trust has a twelve month low of $95.65 and a twelve month high of $127.69. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.15 and a current ratio of 0.14. The firm’s 50 day moving average price is $118.16 and its two-hundred day moving average price is $117.94.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, February 6th. The real estate investment trust reported $1.73 EPS for the quarter, beating the consensus estimate of $1.68 by $0.05. Camden Property Trust had a return on equity of 3.35% and a net margin of 10.58%. On average, research analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 3.74%. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Monday, March 31st. Camden Property Trust’s dividend payout ratio is presently 280.00%.

About Camden Property Trust

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 58,250 apartment homes across the United States.