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One platform for global traditional assets
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Camden Property Trust (NYSE:CPT) Downgraded to Sell Rating by Wall Street Zen
Wall Street Zen downgraded Camden Property Trust (NYSE:CPT) from a “hold” to a “sell” rating. The REIT recently missed quarterly EPS estimates, reporting $1.44 versus an expected $1.73, and authorized a $600 million share repurchase plan. Despite insider selling, large institutions significantly increased their stakes, with institutional ownership now at approximately 97.22%.