Camden Property Trust $CPT Holdings Reduced by Lincluden Management Ltd.

Lincluden Management Ltd. decreased its position in Camden Property Trust (NYSE:CPT) by 0.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,705 shares of the real estate investment trust’s stock after selling 127 shares during the period. Lincluden Management Ltd.’s holdings in Camden Property Trust were worth $3,009,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CPT. IFP Advisors Inc grew its position in Camden Property Trust by 45.7% in the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 101 shares during the last quarter. Cape Investment Advisory Inc. acquired a new stake in shares of Camden Property Trust in the 1st quarter worth approximately $37,000. Tsfg LLC acquired a new stake in shares of Camden Property Trust in the 1st quarter worth approximately $40,000. National Pension Service lifted its stake in shares of Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 167 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of Camden Property Trust by 47.4% in the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock worth $56,000 after acquiring an additional 158 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

CPT has been the subject of a number of research analyst reports. Scotiabank reduced their price target on shares of Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating for the company in a research note on Thursday, August 14th. Truist Financial reduced their price target on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, August 27th. Wells Fargo & Company reduced their price target on shares of Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 27th. Cantor Fitzgerald initiated coverage on shares of Camden Property Trust in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price target on shares of Camden Property Trust from $127.00 to $129.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 17th. Six equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus target price of $121.73.

Camden Property Trust Stock Down 0.3%

CPT stock opened at $101.66 on Friday. 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 firm has a market cap of $10.86 billion, a PE ratio of 71.09, a P/E/G ratio of 3.45 and a beta of 0.80. Camden Property Trust has a 12 month low of $100.60 and a 12 month high of $127.65. The firm has a 50 day simple moving average of $107.39 and a 200 day simple moving average of $112.26.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating 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 quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Equities research analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, September 30th. Camden Property Trust’s dividend payout ratio is currently 293.71%.

About Camden Property Trust

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.