Camden Property Trust (CPT) has seen several significant developments recently. Wells Fargo & Company MN and HSBC Holdings PLC have both trimmed their stakes in the company. Despite this, Wells Fargo has increased its price target for the company to $104, while analysts at Mizuho have cut theirs to $108. Baird has also raised their stock target for CPT but later cut it due to supply pressures affecting the company’s growth. The company's Q1 2024 earnings call transcript revealed that CPT exceeded EPS projections and maintained its stability even amidst rough years. CPT participated in several investor conferences, including Nareit's REITweek Investor Conference and Citi's 2024 Global Property CEO Conference. Additionally, Camden Property Trust was named one of Fortune's 100 Best Companies to Work For and announced various executive changes. Insider Frances Sevilla-Sacasa sold shares of the company, causing some caution among investors. Lastly, the company announced its 2023 Distributions and reported mixed year-end results along with a 2024 financial outlook.
Camden Property Trust CPT News Analytics from Thu, 15 Jan 2015 08:00:00 GMT to Sun, 02 Jun 2024 15:20:03 GMT -
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- Innovation -5
