Cramer Rosenthal Mcglynn LLC Decreases Stock Holdings in Camden Property Trust $CPT

Cramer Rosenthal Mcglynn LLC significantly reduced its stake in Camden Property Trust (NYSE:CPT) by 42.1% in the third quarter, selling 73,992 shares and retaining 101,736 shares valued at approximately $10.86 million. This move comes as Camden Property Trust reported mixed financial results, missing EPS estimates but authorizing a $600 million share buyback and increasing its quarterly dividend. Institutional investors hold a substantial portion of the company’s stock, while analysts maintain a consensus “Hold” rating.