Sawyer & Company Inc purchased a new position in shares of Camden Property Trust (NYSE:CPT – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,635 shares of the real estate investment trust’s stock, valued at approximately $545,000.
Several other large investors also recently made changes to their positions in CPT. Maverick Capital Ltd. boosted its position in Camden Property Trust by 1.6% during the first quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock worth $182,416,000 after purchasing an additional 30,076 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Camden Property Trust by 2.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock worth $156,128,000 after buying an additional 37,456 shares during the period. Jennison Associates LLC boosted its holdings in shares of Camden Property Trust by 100.2% during the 1st quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after buying an additional 603,997 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of Camden Property Trust by 945.3% during the 3rd quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock worth $59,669,000 after buying an additional 557,850 shares during the period. Finally, Hsbc Holdings PLC grew its stake in Camden Property Trust by 3.4% in the 4th quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after buying an additional 17,270 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.
Camden Property Trust Stock Performance
Shares of CPT traded up $0.34 during mid-day trading on Wednesday, hitting $100.11. The company’s stock had a trading volume of 152,265 shares, compared to its average volume of 1,126,268. Camden Property Trust has a one year low of $95.30 and a one year high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market capitalization of $10.07 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 7.29 and a beta of 0.79. The stock’s 50-day moving average is $102.26 and its two-hundred day moving average is $106.54.
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The company had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $1.70 EPS. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.75 EPS for the current year.
Camden Property Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were issued a dividend of $1.06 per share. The ex-dividend date was Wednesday, September 30th. This represents a $4.24 annualized dividend and a dividend yield of 4.2%. Camden Property Trust’s payout ratio is presently 140.40%.
Wall Street Analyst Weigh In
Several brokerages recently commented on CPT. JPMorgan Chase & Co. lifted their target price on shares of Camden Property Trust from $113.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, August 13th. Royal Bank Of Canada decreased their price target on shares of Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. Truist Financial decreased their price target on shares of Camden Property Trust from $123.00 to $108.00 and set a “buy” rating for the company in a report on Friday, September 25th. Scotiabank lowered their price target on Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating on the stock in a research report on Thursday, September 17th. Finally, Mizuho dropped their price objective on Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 8th. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $111.62.
View Our Latest Stock Analysis on CPT
Camden Property Trust Profile
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.
Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.
Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.
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