Camden Property Trust $CPT Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd raised its holdings in shares of Camden Property Trust (NYSE:CPT) by 0.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,519 shares of the real estate investment trust’s stock after purchasing an additional 100 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Camden Property Trust were worth $5,689,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Resolution Capital Ltd acquired a new position in shares of Camden Property Trust in the 1st quarter worth approximately $22,077,000. Nissay Asset Management Corp Japan ADV grew its position in shares of Camden Property Trust by 0.9% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 28,503 shares of the real estate investment trust’s stock worth $3,486,000 after acquiring an additional 259 shares in the last quarter. Millennium Management LLC grew its position in shares of Camden Property Trust by 1,669.3% in the 1st quarter. Millennium Management LLC now owns 1,078,335 shares of the real estate investment trust’s stock worth $131,880,000 after acquiring an additional 1,017,388 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Camden Property Trust by 1.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after acquiring an additional 336 shares in the last quarter. Finally, Boothbay Fund Management LLC acquired a new position in shares of Camden Property Trust in the 1st quarter worth approximately $7,240,000. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on CPT. Scotiabank cut their price target on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating on the stock in a report on Thursday, August 14th. Stifel Nicolaus raised Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a report on Tuesday, August 26th. Citigroup cut their price target on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. UBS Group cut their price target on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a report on Tuesday, July 15th. Finally, Wells Fargo & Company cut their price target on Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 27th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus target price of $123.11.

Camden Property Trust Stock Up 0.8%

Shares of Camden Property Trust stock opened at $111.25 on Monday. The business’s fifty day moving average price is $110.66 and its two-hundred day moving average price is $114.74. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market capitalization of $11.89 billion, a P/E ratio of 77.79, a PEG ratio of 3.78 and a beta of 0.80. Camden Property Trust has a 1-year low of $102.35 and a 1-year high of $127.69.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.01. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. During the same quarter in the previous year, the business earned $1.71 EPS. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. As a group, research analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Monday, June 30th were paid a $1.05 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $4.20 dividend on an annualized basis and a yield of 3.8%. Camden Property Trust’s dividend payout ratio (DPR) is currently 293.71%.

Camden Property Trust Profile

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 172 properties containing 58,250 apartment homes across the United States.