52,418 Shares in Camden Property Trust $CPT Purchased by Aviva PLC

Aviva PLC acquired a new stake in Camden Property Trust (NYSE:CPT) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 52,418 shares of the real estate investment trust’s stock, valued at approximately $5,907,000.

A number of other hedge funds also recently made changes to their positions in CPT. Smartleaf Asset Management LLC increased 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 worth $76,000 after acquiring an additional 89 shares during the last quarter. First Manhattan CO. LLC. boosted its position in Camden Property Trust by 0.3% during the first quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after purchasing an additional 101 shares during the period. IFP Advisors Inc increased its holdings in shares of Camden Property Trust by 45.7% in the second 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Camden Property Trust by 0.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,395 shares of the real estate investment trust’s stock valued at $2,073,000 after purchasing an additional 103 shares during the period. Finally, Signaturefd LLC lifted its stake in shares of Camden Property Trust by 8.5% during the 1st quarter. Signaturefd LLC now owns 1,333 shares of the real estate investment trust’s stock worth $163,000 after buying an additional 104 shares during the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on CPT. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, October 8th. Bank of America reduced their price objective on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a report on Wednesday. Citigroup lowered their target price on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Royal Bank Of Canada reduced their price target on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating for the company in a research note on Monday. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $105.00 price objective on shares of Camden Property Trust in a report on Monday. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $119.10.

Camden Property Trust Stock Performance

CPT opened at $102.65 on Thursday. 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 52-week low of $97.17 and a 52-week high of $127.65. The firm has a market cap of $10.97 billion, a P/E ratio of 71.78, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. The business’s fifty day moving average is $104.67 and its 200-day moving average is $110.40.

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 for the quarter, topping the consensus estimate of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $398.24 million during the quarter, compared to analysts’ expectations of $397.89 million. During the same quarter in the prior year, the business posted $1.71 earnings per share. 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. Sell-side analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were given a dividend of $1.05 per share. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. Camden Property Trust’s dividend payout ratio (DPR) is currently 170.04%.

Camden Property Trust 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.