Nomura Holdings Inc. Takes $1.85 Million Position in Camden Property Trust (NYSE:CPT)

Nomura Holdings Inc. bought a new stake in shares of Camden Property Trust (NYSE:CPT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,898 shares of the real estate investment trust’s stock, valued at approximately $1,845,000.

Several other institutional investors have also recently made changes to their positions in CPT. UMB Bank n.a. increased its holdings in Camden Property Trust by 76.6% in the 4th quarter. UMB Bank n.a. now owns 226 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 98 shares in the last quarter. National Pension Service purchased a new stake in Camden Property Trust in the 4th quarter worth $26,000. Quent Capital LLC increased its holdings in Camden Property Trust by 87.0% in the 4th quarter. Quent Capital LLC now owns 245 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 114 shares in the last quarter. IAG Wealth Partners LLC purchased a new stake in Camden Property Trust in the 4th quarter worth $29,000. Finally, Bellwether Advisors LLC purchased a new stake in Camden Property Trust in the 4th quarter worth $31,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, CEO Richard J. Campo sold 5,572 shares of the company’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $119.50, for a total value of $665,854.00. Following the transaction, the chief executive officer now owns 289,720 shares of the company’s stock, valued at $34,621,540. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.80% of the stock is currently owned by corporate insiders.

Camden Property Trust Trading Up 1.6%

Shares of CPT stock opened at $119.83 on Friday. The company’s 50-day moving average price is $116.02 and its 200-day moving average price is $117.39. The company has a current ratio of 0.14, a quick ratio of 0.15 and a debt-to-equity ratio of 0.73. The stock has a market cap of $12.80 billion, a price-to-earnings ratio of 79.89, a PEG ratio of 4.41 and a beta of 0.79. Camden Property Trust has a twelve month low of $98.35 and a twelve month high of $127.69.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.04. The firm had revenue of $390.57 million for the quarter, compared to analysts’ expectations of $388.47 million. Camden Property Trust had a net margin of 10.58% and a return on equity of 3.35%. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 EPS. As a group, equities analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Analysts Set New Price Targets

CPT has been the subject of several recent analyst reports. Jefferies Financial Group raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and boosted their price target for the stock from $117.00 to $139.00 in a report on Monday, March 10th. Stifel Nicolaus upped their target price on shares of Camden Property Trust from $121.00 to $122.00 and gave the stock a “hold” rating in a report on Friday, February 7th. StockNews.com lowered shares of Camden Property Trust from a “hold” rating to a “sell” rating in a report on Friday. Evercore ISI upped their target price on shares of Camden Property Trust from $118.00 to $127.00 and gave the stock an “in-line” rating in a report on Monday, February 10th. Finally, Barclays upped their target price on shares of Camden Property Trust from $127.00 to $136.00 and gave the stock an “overweight” rating in a report on Friday, May 9th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Camden Property Trust presently has a consensus rating of “Hold” and an average target price of $129.83.

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.