UBS Group Cuts Camden Property Trust (NYSE:CPT) Price Target to $105.00

Camden Property Trust (NYSE:CPT) had its price target trimmed by UBS Group from $114.00 to $105.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust’s stock.

Other equities analysts have also issued reports about the company. Citigroup dropped their target price on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research note on Monday. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $105.00 price objective on shares of Camden Property Trust in a report on Monday. Finally, Morgan Stanley cut their target price on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 13th. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and an average price target of $119.10.

Camden Property Trust Trading Down 1.0%

Shares of Camden Property Trust stock opened at $102.65 on Monday. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $127.65. The company has a market capitalization of $10.97 billion, a P/E ratio of 71.78, a P/E/G ratio of 3.31 and a beta of 0.81. The business has a 50 day moving average price of $104.67 and a 200 day moving average price of $110.40. 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 issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating 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 business had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. During the same period in the prior year, the business earned $1.71 earnings per share. The business’s revenue was up 2.2% on a year-over-year basis. 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 anticipate 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. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.05 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. Camden Property Trust’s payout ratio is 170.04%.

Hedge Funds Weigh In On Camden Property Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Abich Financial Wealth Management LLC acquired a new position in Camden Property Trust during the 3rd quarter worth $25,000. Quent Capital LLC bought a new stake in shares of Camden Property Trust during the 3rd quarter worth $29,000. Hantz Financial Services Inc. boosted its position in shares of Camden Property Trust by 524.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 236 shares during the period. Loomis Sayles & Co. L P acquired a new position in shares of Camden Property Trust in the second quarter worth about $32,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust during the 2nd quarter worth approximately $32,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

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.