Oregon Public Employees Retirement Fund Has $3.77 Million Holdings in Camden Property Trust (CPT)

Oregon Public Employees Retirement Fund grew its holdings in Camden Property Trust (NYSE:CPT) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,183 shares of the real estate investment trust’s stock after acquiring an additional 768 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Camden Property Trust were worth $3,774,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CPT. Timbercreek Investment Management Inc. raised its stake in Camden Property Trust by 1.6% during the first quarter. Timbercreek Investment Management Inc. now owns 64,664 shares of the real estate investment trust’s stock worth $6,563,000 after acquiring an additional 1,000 shares in the last quarter. CI Investments Inc. acquired a new stake in shares of Camden Property Trust in the fourth quarter valued at $12,458,000. Perpetual Ltd increased its stake in shares of Camden Property Trust by 156.1% in the fourth quarter. Perpetual Ltd now owns 42,000 shares of the real estate investment trust’s stock valued at $3,667,000 after buying an additional 25,600 shares in the last quarter. Exane Derivatives acquired a new stake in shares of Camden Property Trust in the fourth quarter valued at $194,000. Finally, Bahl & Gaynor Inc. increased its stake in shares of Camden Property Trust by 7.6% in the fourth quarter. Bahl & Gaynor Inc. now owns 124,201 shares of the real estate investment trust’s stock valued at $10,936,000 after buying an additional 8,761 shares in the last quarter. 91.20% of the stock is owned by institutional investors.

Shares of CPT stock opened at $102.70 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.21 and a quick ratio of 0.21. The stock has a market capitalization of $9.95 billion, a P/E ratio of 21.53, a PEG ratio of 3.14 and a beta of 0.53. Camden Property Trust has a 12 month low of $83.40 and a 12 month high of $104.16.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $1.22 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.22. The firm had revenue of $248.57 million during the quarter, compared to analyst estimates of $246.50 million. Camden Property Trust had a return on equity of 4.45% and a net margin of 15.98%. The company’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the company earned $1.15 earnings per share. Equities analysts anticipate that Camden Property Trust will post 5.06 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on the company. Barclays restated a “buy” rating and issued a $108.00 target price on shares of Camden Property Trust in a research note on Tuesday, April 16th. Zacks Investment Research upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Thursday, January 31st. Sandler O’Neill lowered Camden Property Trust from a “buy” rating to a “hold” rating in a research note on Friday, April 5th. KeyCorp raised their target price on Camden Property Trust from $98.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, March 19th. Finally, Mizuho upgraded Camden Property Trust from a “neutral” rating to a “buy” rating and set a $103.00 target price for the company in a research note on Wednesday, January 23rd. Seven analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $99.94.

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Camden Property Trust Company Profile

Camden Property Trust, an S&P 400 Company, is a real estate company engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 161 properties containing 55,160 apartment homes across the United States.

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

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