Dimensional Fund Advisors LP increased its stake in shares of Camden Property Trust (NYSE:CPT) by 2.2% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,121,656 shares of the real estate investment trust’s stock after buying an additional 24,408 shares during the period. Dimensional Fund Advisors LP owned approximately 1.28% of Camden Property Trust worth $99,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CPT. Chilton Capital Management LLC boosted its position in shares of Camden Property Trust by 12.0% in the first quarter. Chilton Capital Management LLC now owns 265,894 shares of the real estate investment trust’s stock valued at $22,359,000 after buying an additional 28,464 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Camden Property Trust by 296.4% in the first quarter. Renaissance Technologies LLC now owns 155,000 shares of the real estate investment trust’s stock valued at $13,034,000 after buying an additional 115,900 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Camden Property Trust by 6.6% in the first quarter. Geode Capital Management LLC now owns 686,342 shares of the real estate investment trust’s stock valued at $57,688,000 after buying an additional 42,267 shares during the last quarter. Swiss National Bank boosted its position in shares of Camden Property Trust by 4.4% in the second quarter. Swiss National Bank now owns 401,500 shares of the real estate investment trust’s stock valued at $35,501,000 after buying an additional 16,800 shares during the last quarter. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Camden Property Trust by 2.2% in the first quarter. TIAA CREF Investment Management LLC now owns 204,451 shares of the real estate investment trust’s stock valued at $17,192,000 after buying an additional 4,376 shares during the last quarter. Institutional investors and hedge funds own 96.55% of the company’s stock.

Shares of Camden Property Trust (NYSE:CPT) traded down 2.019% during trading on Wednesday, hitting $81.765. 434,434 shares of the stock were exchanged. The stock has a market cap of $7.15 billion, a P/E ratio of 12.626 and a beta of 0.65. The stock has a 50-day moving average of $86.95 and a 200 day moving average of $84.89. Camden Property Trust has a 12-month low of $67.27 and a 12-month high of $90.91.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, July 28th. The real estate investment trust reported $1.15 EPS for the quarter, hitting analysts’ consensus estimates of $1.15. The firm earned $221.50 million during the quarter, compared to the consensus estimate of $220.32 million. Camden Property Trust had a net margin of 65.37% and a return on equity of 6.89%. The firm’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.12 earnings per share. Equities analysts predict that Camden Property Trust will post $4.55 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Wednesday, September 28th. Camden Property Trust’s dividend payout ratio is presently 46.44%.

Several research analysts have recently issued reports on CPT shares. BTIG Research started coverage on shares of Camden Property Trust in a report on Thursday, August 25th. They issued a “neutral” rating for the company. RBC Capital Markets reiterated a “buy” rating on shares of Camden Property Trust in a research note on Monday, August 29th. Zelman & Associates cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, June 22nd. Robert W. Baird cut shares of Camden Property Trust from an “outperform” rating to a “neutral” rating and increased their price target for the stock from $83.00 to $88.00 in a research note on Wednesday, August 10th. Finally, Barclays PLC increased their price target on shares of Camden Property Trust from $91.00 to $92.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 19th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $87.85.

In other Camden Property Trust news, COO H Malcolm Stewart sold 11,122 shares of Camden Property Trust stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $89.63, for a total value of $996,864.86. Following the completion of the transaction, the chief operating officer now owns 252,526 shares of the company’s stock, valued at $22,633,905.38. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP William W. Sengelmann sold 2,398 shares of Camden Property Trust stock in a transaction on Friday, June 24th. The stock was sold at an average price of $84.50, for a total transaction of $202,631.00. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by company insiders.

Camden Property Trust Company 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. The Company operates in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities segment.

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