Davidson Investment Advisors Boosts Stake in Camden Property Trust $CPT

Davidson Investment Advisors raised its holdings in shares of Camden Property Trust (NYSE:CPT) by 0.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,435 shares of the real estate investment trust’s stock after buying an additional 346 shares during the period. Davidson Investment Advisors owned about 0.15% of Camden Property Trust worth $18,192,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Generali Asset Management SPA SGR grew its stake in Camden Property Trust by 2.0% in the 2nd quarter. Generali Asset Management SPA SGR now owns 17,399 shares of the real estate investment trust’s stock worth $1,961,000 after acquiring an additional 336 shares in the last quarter. Boston Trust Walden Corp grew its stake in Camden Property Trust by 7.7% in the 2nd quarter. Boston Trust Walden Corp now owns 317,477 shares of the real estate investment trust’s stock worth $35,776,000 after acquiring an additional 22,635 shares in the last quarter. TD Asset Management Inc grew its stake in Camden Property Trust by 33.5% in the 2nd quarter. TD Asset Management Inc now owns 37,294 shares of the real estate investment trust’s stock worth $4,203,000 after acquiring an additional 9,360 shares in the last quarter. Naviter Wealth LLC grew its stake in Camden Property Trust by 16.2% in the 2nd quarter. Naviter Wealth LLC now owns 7,125 shares of the real estate investment trust’s stock worth $810,000 after acquiring an additional 992 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in Camden Property Trust by 3.9% in the 2nd quarter. Verdence Capital Advisors LLC now owns 3,467 shares of the real estate investment trust’s stock worth $391,000 after acquiring an additional 130 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Price Performance

Shares of CPT opened at $101.77 on Thursday. The company has a 50 day moving average price of $107.11 and a 200-day moving average price of $111.91. Camden Property Trust has a fifty-two week low of $100.60 and a fifty-two week high of $127.65. The stock has a market capitalization of $10.87 billion, a PE ratio of 71.17, a PEG ratio of 3.46 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 (NYSE:CPT) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The company had revenue of $396.51 million during the quarter, compared to analysts’ expectations of $393.24 million. During the same quarter in the prior year, the company posted $1.71 earnings per share. Camden Property Trust’s revenue for the quarter 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. Equities analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a yield of 4.1%. Camden Property Trust’s dividend payout ratio is presently 293.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CPT shares. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Cantor Fitzgerald assumed coverage on shares of Camden Property Trust in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 target price on the stock. Stifel Nicolaus raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target for the company in a research report on Tuesday, August 26th. Evercore ISI lowered their price target on shares of Camden Property Trust from $116.00 to $115.00 and set an “in-line” rating for the company in a research report on Monday. Finally, Scotiabank lowered 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 report on Thursday, August 14th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and an average price target of $121.61.

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.