Yousif Capital Management LLC Buys 7,141 Shares of Camden Property Trust $CPT

Yousif Capital Management LLC grew its stake in shares of Camden Property Trust (NYSE:CPT) by 43.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,711 shares of the real estate investment trust’s stock after buying an additional 7,141 shares during the period. Yousif Capital Management LLC’s holdings in Camden Property Trust were worth $2,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CPT. Smartleaf Asset Management LLC lifted its holdings in shares of Camden Property Trust by 16.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 89 shares in the last quarter. Country Club Bank lifted its holdings in shares of Camden Property Trust by 0.4% during the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock valued at $3,204,000 after purchasing an additional 92 shares in the last quarter. Amalgamated Bank lifted its holdings in shares of Camden Property Trust by 0.5% during the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock valued at $2,514,000 after purchasing an additional 93 shares in the last quarter. First Manhattan CO. LLC. lifted its holdings in shares of Camden Property Trust by 0.3% during the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock valued at $3,809,000 after purchasing an additional 101 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CPT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Truist Financial dropped their target price on Camden Property Trust from $131.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, August 27th. Barclays dropped their target price on Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 30th. UBS Group lowered their price target on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 15th. Finally, 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 research report on Tuesday, August 26th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $121.61.

Camden Property Trust Stock Performance

CPT opened at $102.50 on Friday. The business has a fifty day simple moving average of $106.95 and a 200 day simple moving average of $111.64. The company has a market capitalization of $10.95 billion, a PE ratio of 71.68, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. Camden Property Trust has a 1 year low of $100.60 and a 1 year high of $127.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (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 return on equity of 3.30% and a net margin of 9.99%.The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the company posted $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. Research analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

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