Allianz Asset Management GmbH increased its stake in Camden Property Trust (NYSE:CPT) by 7.8% in the third quarter, bringing its total holdings to 166,280 shares valued at $17.76 million. Other hedge funds also adjusted their positions in CPT, which is 97.22% owned by institutional investors. Recent news for Camden Property Trust includes a Q4 FFO beat, a dividend increase to $1.06, and a $600 million share repurchase program, though GAAP EPS missed estimates and analysts have provided mixed ratings with a consensus “Hold” and average price target of $117.09.
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Allianz Asset Management GmbH Has $17.76 Million Stock Holdings in Camden Property Trust $CPT
Allianz Asset Management GmbH increased its stake in Camden Property Trust (NYSE:CPT) by 7.8% in the third quarter, bringing its total holdings to 166,280 shares valued at $17.76 million. Other hedge funds also adjusted their positions in CPT, which is 97.22% owned by institutional investors. Recent news for Camden Property Trust includes a Q4 FFO beat, a dividend increase to $1.06, and a $600 million share repurchase program, though GAAP EPS missed estimates and analysts have provided mixed ratings with a consensus “Hold” and average price target of $117.09.