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Aberdeen Group plc Has $25.93 Million Stake in Camden Property Trust $CPT
Aberdeen Group plc recently reduced its stake in Camden Property Trust (NYSE:CPT) by 12.4% in the fourth quarter, now holding 235,525 shares valued at $25.93 million. Despite missing Q4 EPS estimates, Camden’s board authorized a $600 million share buyback, signaling their belief the stock is undervalued. Analysts currently rate the stock as “Hold” with an average target price of $115.16, while the company also increased its quarterly dividend.