Viking Global Investors Reduces $6M in Camden Property Trust ($CPT)
Key Points
- Viking Global Investors changed its Camden Property Trust ($CPT) stake by 1.0% last quarter, cutting to 4,715,394 shares worth $542.18 million.
- Wall Street's consensus rating on $CPT is Buy and an average price target of $113.94.
- $CPT last traded around $114.98.
Viking Global Investors trimmed its position in Camden Property Trust ($CPT) by 1.0% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,715,394 shares of Camden Property Trust after selling 49,101 shares during the quarter. Viking Global Investors's holdings in Camden Property Trust were worth $542.18 million as of its most recent filing.
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About Camden Property Trust
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 173 properties containing 58,811 apartment homes across the United States. Upon completion of 3 properties currently under development, the Company's portfolio will increase to 59,973 apartment homes in 176 properties. Camden Property Trust was established on May 25, 1993, and incorporated in Texas. Camden Property Trust is based in Houston, United States.
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