JPMorgan Chase & Co. Has $184.59 Million Position in Camden Property Trust $CPT

robot
Abstract generation in progress

JPMorgan Chase & Co. reduced its stake in Camden Property Trust (CPT) by 7.5% in the third quarter, now holding 1,728,721 shares valued at $184.59 million. Despite missing quarterly EPS estimates, Camden Property Trust reported revenues slightly above expectations, increased its quarterly dividend to $1.06 per share, and approved a $600 million share buyback program. Institutional investors own 97.22% of the company’s stock, and analysts currently give CPT a consensus “Hold” rating with a target price of $117.15.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin