Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Camden Property Trust (NYSE:CPT) by 4.2% in the third quarter, now owning 293,950 shares valued at $31.388 million. This real estate investment trust has also seen other institutional investors adjust their positions, although 97.22% of the stock is held by institutional investors. Analysts currently give CPT a “Hold” rating with a consensus target price of $117.15, and the company recently reported earnings that missed estimates but declared an increased quarterly dividend and authorized a $600 million stock repurchase plan.
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Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in Camden Property Trust $CPT
Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Camden Property Trust (NYSE:CPT) by 4.2% in the third quarter, now owning 293,950 shares valued at $31.388 million. This real estate investment trust has also seen other institutional investors adjust their positions, although 97.22% of the stock is held by institutional investors. Analysts currently give CPT a “Hold” rating with a consensus target price of $117.15, and the company recently reported earnings that missed estimates but declared an increased quarterly dividend and authorized a $600 million stock repurchase plan.