Camden Property Trust (NYSE:CPT) Research Coverage Started at Jefferies Financial Group

Analysts at Jefferies Financial Group started coverage on shares of Camden Property Trust (NYSE:CPT) in a research report issued to clients and investors on Friday, Marketbeat reports. The firm set a “hold” rating and a $123.00 price target on the real estate investment trust’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 3.09% from the stock’s current price.

Several other equities analysts have also commented on CPT. Wedbush upped their price target on Camden Property Trust from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Royal Bank of Canada lowered shares of Camden Property Trust from an “outperform” rating to a “sector perform” rating and set a $122.00 target price for the company. in a research note on Monday, September 9th. JPMorgan Chase & Co. boosted their price target on shares of Camden Property Trust from $112.00 to $129.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Camden Property Trust from $90.00 to $115.00 and gave the company a “hold” rating in a report on Tuesday, September 10th. Finally, Evercore ISI upped their price target on Camden Property Trust from $116.00 to $118.00 and gave the stock an “in-line” rating in a research note on Monday, September 16th. Fifteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $121.76.

Camden Property Trust Trading Up 0.4 %

Shares of CPT stock opened at $119.31 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.72. Camden Property Trust has a twelve month low of $82.81 and a twelve month high of $127.69. The company’s 50-day moving average price is $122.23 and its 200-day moving average price is $111.20. The stock has a market cap of $12.71 billion, a price-to-earnings ratio of 29.24, a PEG ratio of 4.51 and a beta of 0.90.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($1.27). The firm had revenue of $387.15 million during the quarter, compared to analysts’ expectations of $384.76 million. Camden Property Trust had a net margin of 25.64% and a return on equity of 7.98%. During the same period last year, the company earned $1.70 EPS. As a group, equities analysts predict that Camden Property Trust will post 6.77 earnings per share for the current year.

Institutional Trading of Camden Property Trust

A number of institutional investors have recently bought and sold shares of the business. Centersquare Investment Management LLC raised its position in shares of Camden Property Trust by 64.2% during the 1st quarter. Centersquare Investment Management LLC now owns 2,296,741 shares of the real estate investment trust’s stock worth $228,939,000 after acquiring an additional 898,398 shares in the last quarter. Duquesne Family Office LLC purchased a new stake in shares of Camden Property Trust during the 2nd quarter worth approximately $63,056,000. Vanguard Group Inc. boosted its holdings in shares of Camden Property Trust by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 17,291,878 shares of the real estate investment trust’s stock valued at $1,701,521,000 after buying an additional 289,425 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Camden Property Trust by 23.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,465,159 shares of the real estate investment trust’s stock valued at $145,478,000 after buying an additional 277,634 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in Camden Property Trust by 690.1% during the 2nd quarter. American Century Companies Inc. now owns 248,533 shares of the real estate investment trust’s stock worth $27,117,000 after acquiring an additional 217,076 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

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.