Camden Property Trust (CPT) has been subject to various share transactions, with Johnson Investment Counsel Inc. and Machina Capital S.A.S selling substantial numbers of shares, and the Swiss National Bank and Zurcher Kantonalbank Zurich Cantonalbank cutting their respective positions. On a positive note, New York Life Investment Management LLC increased their position in the company. The company has been upgraded to Neutral by both
Piper Sandler and StockNews.com. Wedbush analysts, however, reduced the Q3 2024 EPS estimates for the trust. Camden has some solid fundamentals in place, with high home costs prompting the claim that it's a good long-term buy. Dividends have also been retained. The stock price targets set by
Mizuho and
Royal Bank of Canada exceeded the $110 mark, but the PT at other brokerages was lower, around $104.29.
Q1 2024 earnings exceeded EPS predictions and maintained solid performance. The stock rallied 10% in December and had a mixed year-end performance. The company was also named among Fortune's 100 Best Companies to Work For®, marking positive recognition. However, some analysts have raised concerns about the company's dividends and growth slowing down.
Camden Property Trust CPT News Analytics from Fri, 18 Feb 2022 08:00:00 GMT to Sun, 12 May 2024 20:47:41 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -4
