J. Safra Sarasin Holding AG Acquires 7,319 Shares of Camden Property Trust $CPT

J. Safra Sarasin Holding AG increased its holdings in Camden Property Trust (NYSE:CPT) by 90.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,410 shares of the real estate investment trust’s stock after buying an additional 7,319 shares during the period. J. Safra Sarasin Holding AG’s holdings in Camden Property Trust were worth $1,737,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CPT. Millennium Management LLC boosted its stake in 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 purchasing an additional 1,017,388 shares during the period. Nuveen LLC bought a new position in Camden Property Trust in the 1st quarter worth about $123,882,000. Woodline Partners LP bought a new position in shares of Camden Property Trust in the first quarter valued at approximately $45,879,000. JPMorgan Chase & Co. boosted its position in shares of Camden Property Trust by 17.2% in the first quarter. JPMorgan Chase & Co. now owns 1,863,792 shares of the real estate investment trust’s stock valued at $227,942,000 after acquiring an additional 273,966 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Camden Property Trust by 9.2% in the first quarter. Wellington Management Group LLP now owns 2,271,077 shares of the real estate investment trust’s stock valued at $277,753,000 after acquiring an additional 192,133 shares during the period. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Trading Down 0.2%

Shares of CPT opened at $104.20 on Friday. The firm has a market cap of $11.13 billion, a price-to-earnings ratio of 72.87, a PEG ratio of 3.54 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a fifty-two week low of $102.35 and a fifty-two week high of $127.65. The firm has a 50 day moving average price of $108.24 and a 200-day moving average price of $112.94.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.01. The business had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.71 earnings per share. 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, equities research analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Camden Property Trust’s payout ratio is 293.71%.

Analyst Upgrades and Downgrades

CPT has been the subject of several analyst reports. Citigroup cut their price target on shares of Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Morgan Stanley dropped their price objective on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 13th. Royal Bank Of Canada dropped their price target on Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating for the company in a research report on Monday, August 4th. Stifel Nicolaus upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 target price for the company in a research report on Tuesday, August 26th. Finally, Wells Fargo & Company dropped their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 27th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $121.73.

Camden Property Trust Company 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.