Mizuho Boosts Camden Property Trust (NYSE:CPT) Price Target to $111.00

Camden Property Trust (NYSE:CPT) had its price target hoisted by Mizuho from $99.00 to $111.00 in a research report sent to investors on Monday, Benzinga reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

CPT has been the subject of a number of other reports. Piper Sandler upgraded Camden Property Trust from an underweight rating to a neutral rating and increased their target price for the company from $90.00 to $110.00 in a research report on Monday. The Goldman Sachs Group started coverage on shares of Camden Property Trust in a research report on Thursday, February 22nd. They set a buy rating and a $112.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Camden Property Trust in a research note on Tuesday, January 30th. They set a hold rating and a $90.00 price objective on the stock. Wedbush reiterated an outperform rating and issued a $110.00 target price on shares of Camden Property Trust in a report on Monday, April 29th. Finally, Royal Bank of Canada restated an outperform rating and issued a $103.00 price target on shares of Camden Property Trust in a research report on Monday, February 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Camden Property Trust has an average rating of Hold and a consensus target price of $107.06.

Camden Property Trust Stock Down 1.7 %

Shares of CPT stock opened at $104.18 on Monday. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 3.94 and a beta of 0.82. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.43 and a quick ratio of 0.88. The company’s fifty day moving average price is $98.62 and its 200-day moving average price is $95.55. Camden Property Trust has a one year low of $82.81 and a one year high of $114.04.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Commonwealth Equity Services LLC raised its holdings in Camden Property Trust by 18.8% in the third quarter. Commonwealth Equity Services LLC now owns 2,311 shares of the real estate investment trust’s stock valued at $219,000 after acquiring an additional 366 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Camden Property Trust by 5.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 7,952 shares of the real estate investment trust’s stock worth $752,000 after purchasing an additional 418 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in Camden Property Trust by 3,054.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 28,232 shares of the real estate investment trust’s stock valued at $2,670,000 after buying an additional 27,337 shares during the last quarter. Raymond James & Associates increased its holdings in Camden Property Trust by 9.0% in the third quarter. Raymond James & Associates now owns 87,545 shares of the real estate investment trust’s stock valued at $8,280,000 after buying an additional 7,199 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Camden Property Trust by 32.8% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 2,646 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Company Profile

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 58,634 apartment homes across the United States.