ING Groep NV significantly reduced its stake in Camden Property Trust (NYSE:CPT) by 73.1% in the third quarter, selling 10,274 shares and holding 3,784 shares valued at $404,000. Other institutional investors have also adjusted their positions, while analysts generally maintain a “Hold” rating with a consensus price target of $117.15. The company recently increased its quarterly dividend and authorized a $600 million stock repurchase program.
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ING Groep NV Sells 10,274 Shares of Camden Property Trust $CPT
ING Groep NV significantly reduced its stake in Camden Property Trust (NYSE:CPT) by 73.1% in the third quarter, selling 10,274 shares and holding 3,784 shares valued at $404,000. Other institutional investors have also adjusted their positions, while analysts generally maintain a “Hold” rating with a consensus price target of $117.15. The company recently increased its quarterly dividend and authorized a $600 million stock repurchase program.