Farmers & Merchants Investments Inc. grew its holdings in shares of Camden Property Trust (NYSE:CPT – Free Report) by 166,583.6% during the third quarter, Holdings Channel reports. The firm owned 121,679 shares of the real estate investment trust’s stock after purchasing an additional 121,606 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Camden Property Trust were worth $11,770,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Maverick Capital Ltd. increased its position in shares of 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 valued at $182,416,000 after purchasing an additional 30,076 shares during the period. Dimensional Fund Advisors LP lifted 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 valued at $156,128,000 after purchasing an additional 37,456 shares in the last quarter. Jennison Associates LLC raised its position in Camden Property Trust by 100.2% in the 1st quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after buying an additional 603,997 shares during the last quarter. State of Alaska Department of Revenue raised its stake 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 purchasing an additional 557,850 shares in the last quarter. Finally, Hsbc Holdings PLC raised its position in shares of Camden Property Trust by 3.4% in the fourth quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after purchasing an additional 17,270 shares during the period. 97.22% of the stock is owned by institutional investors.
Camden Property Trust Trading Down 0.7%
Shares of NYSE:CPT opened at $102.05 on Friday. The business’s fifty day simple moving average is $101.77 and its 200-day simple moving average is $106.52. The company has a market capitalization of $10.26 billion, a PE ratio of 33.79, a P/E/G ratio of 7.65 and a beta of 0.79. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. Camden Property Trust has a 12-month low of $95.30 and a 12-month high of $119.81.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The firm had revenue of $396.07 million for the quarter, compared to analyst estimates of $392.88 million. During the same period in the prior year, the firm posted $1.70 EPS. The business’s revenue was up 7.4% compared to the same quarter last year. 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, equities research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.
Camden Property Trust Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Wednesday, September 30th. Camden Property Trust’s dividend payout ratio is 140.40%.
Wall Street Analyst Weigh In
Several research firms have commented on CPT. Royal Bank Of Canada dropped their target price on Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 13th. Jefferies Financial Group raised Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Scotiabank cut their price target on shares of Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating for the company in a research report on Thursday, September 17th. Piper Sandler reduced their target price on shares of Camden Property Trust from $119.00 to $102.00 and set a “neutral” rating on the stock in a research report on Monday, October 12th. Finally, Morgan Stanley cut their target price on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and a consensus price target of $111.62.
About Camden Property Trust
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.
Featured Stories
- Five stocks we like better than Camden Property Trust
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Want to see what other hedge funds are holding CPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camden Property Trust (NYSE:CPT – Free Report).
Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.
