This summary encompasses recent, key developments pertaining to the Camden Property Trust (CPT). Los Angeles Capital Management LLC sold 9,003 shares of CPT, while State of New Jersey Common Pension Fund D and Daiwa Securities Group Inc. also offloaded their stakes. However, Camden's stocks were acquired by Andra AP fonden and Natixis Advisors LLC, among others. The company underwent executive retirements and participated in the BofA Securities Global Conference. RBC downgraded CPT due to peak leasing season concerns. The Q2 2024 earnings were revealed, presenting a mixed outlook. The historical investment return revealed that a $1,000 investment in CPT 20 years ago would have had substantial growth. CPT's stock price hit a 52-week high at $125.39 with its price target raised to $115.00 and $116.00 by Deutsche Bank Aktiengesellschaft and Evercore ISI, respectively, despite being downgraded to 'Sector Perform' by Royal Bank of Canada. Lastly, there has been a surge in Camden Property Trust's stock due to solid real estate growth prospects.
Camden Property Trust CPT News Analytics from Thu, 15 Jan 2015 08:00:00 GMT to Sun, 15 Sep 2024 12:41:46 GMT -
Rating 6
- Innovation -2
- Information 7
- Rumor 0
