Panagora Asset Management Inc. and
Ontario Teachers Pension Plan Board have significantly reduced their holdings of
Camden Property Trust stock, whereas
Norges Bank has made a new investment and
Principal Securities Inc. initiated its position. Valuation targets for the CPT stock have been increased repeatedly by investment research firms such as
UBS Group,
Mizuho, and
Royal Bank of Canada.
Wedbush notably boosted their price target to $118.00. The property trust reported mixed year-end results, but provides a sound outlook for
2024. Reaffirming this, the company showed strong operational performance in its
Q1 2024 earnings. Camden Property Trust has also announced significant executive reshuffles. While some see the REIT as a hidden value trap, others compliment its income and dividend growth potential. The
REIT attracted further attention with consistent dividend hikes, and analyst upgrades in the first week of May. Finally, an executive leadership reshuffle was reported at Camden Property.
Camden Property Trust CPT News Analytics from Wed, 10 Jun 2015 06:16:36 GMT to Thu, 23 May 2024 20:01:44 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -2
