Camden Property Trust (CPT), a leading real estate firm, has seen mixed performance.
Yousif Capital Management and
Boston Trust Walden Corp hold significant positions in CPT, with total investments of $2.67 million and $35.78 million respectively. But,
BlackRock Inc. has reportedly cut its stake in the firm.
IFM Investors Pty Ltd also sold 4,321 shares of the
REIT firm. The stock has reportedly hit a new 52-week low.
Wells Fargo and
RBC Capital have maintained their
equal weight and
hold ratings respectively, while
Cantor Fitzgerald initiated coverage with a Neutral rating. Some expect growth, citing it as a
long-term buying opportunity in the apartment real estate. Others anticipate weak rent growth outlook, such as
Goldman Sachs which downgraded CPT to
Sell.
Evercore ISI has set a new price target of $115. Meanwhile, CPT faces a Department of Justice antitrust lawsuit, to which it has responded, emphasizing aid provided to residents during COVID-19. The firm also announced various quarters' earnings releases and related conference calls dates.
Camden Property Trust CPT News Analytics from Tue, 24 Jan 2023 08:00:00 GMT to Sat, 18 Oct 2025 08:00:56 GMT -
Rating -3
- Innovation 3
- Information 6
- Rumor -8
