Camden Property Trust $CPT Shares Bought by Bank of Montreal Can

Bank of Montreal Can boosted its stake in shares of Camden Property Trust (NYSE:CPT) by 9.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 83,599 shares of the real estate investment trust’s stock after purchasing an additional 7,455 shares during the period. Bank of Montreal Can owned approximately 0.08% of Camden Property Trust worth $9,421,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Telos Capital Management Inc. grew its holdings in shares of Camden Property Trust by 2.4% during the second quarter. Telos Capital Management Inc. now owns 12,830 shares of the real estate investment trust’s stock valued at $1,446,000 after buying an additional 296 shares during the last quarter. State of Michigan Retirement System lifted its position in Camden Property Trust by 0.9% during the 2nd quarter. State of Michigan Retirement System now owns 32,400 shares of the real estate investment trust’s stock worth $3,651,000 after acquiring an additional 300 shares during the period. Presima Securities ULC lifted its position in Camden Property Trust by 2.5% during the 2nd quarter. Presima Securities ULC now owns 12,740 shares of the real estate investment trust’s stock worth $1,436,000 after acquiring an additional 307 shares during the period. AlphaStar Capital Management LLC purchased a new stake in Camden Property Trust during the 2nd quarter valued at about $298,000. Finally, GAM Holding AG acquired a new position in shares of Camden Property Trust in the second quarter valued at about $1,350,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on CPT. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Wells Fargo & Company decreased their price objective on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating for the company in a research note on Monday, October 13th. Scotiabank cut their price objective on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Finally, Truist Financial lowered their price target on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, August 27th. Six 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. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $120.05.

Camden Property Trust Stock Up 2.5%

CPT stock opened at $101.76 on Monday. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $127.65. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The firm has a 50-day simple moving average of $105.10 and a 200-day simple moving average of $110.61. The stock has a market capitalization of $10.87 billion, a P/E ratio of 71.16, a P/E/G ratio of 3.31 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company had revenue of $398.24 million for the quarter, compared to analysts’ expectations of $397.89 million. During the same period in the previous year, the firm posted $1.71 EPS. Camden Property Trust’s revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Equities analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued a $1.05 dividend. The ex-dividend date was 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 (DPR) is presently 170.04%.

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.