GAMMA Investing LLC Increases Holdings in Camden Property Trust $CPT

GAMMA Investing LLC lifted its position in shares of Camden Property Trust (NYSE:CPT) by 28.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,233 shares of the real estate investment trust’s stock after acquiring an additional 933 shares during the quarter. GAMMA Investing LLC’s holdings in Camden Property Trust were worth $477,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CPT. Cape Investment Advisory Inc. purchased a new stake in shares of Camden Property Trust during the 1st quarter worth approximately $37,000. Tsfg LLC purchased a new stake in shares of Camden Property Trust during the 1st quarter worth approximately $40,000. National Pension Service lifted its stake in Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 167 shares in the last quarter. Allworth Financial LP lifted its stake in Camden Property Trust by 47.4% in the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 158 shares in the last quarter. Finally, Catalyst Capital Advisors LLC purchased a new stake in Camden Property Trust in the 1st quarter valued at approximately $64,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CPT. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. UBS Group reduced their target price on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 15th. JPMorgan Chase & Co. upped their target price on Camden Property Trust from $127.00 to $129.00 and gave the company an “underweight” rating in a research note on Tuesday, June 17th. Morgan Stanley reduced 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 note on Wednesday, August 13th. Finally, Scotiabank reduced their price target on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 14th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Camden Property Trust presently has a consensus rating of “Hold” and an average price target of $122.25.

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $106.02 on Friday. 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’s 50-day moving average price is $109.26 and its two-hundred day moving average price is $113.49. Camden Property Trust has a 52-week low of $102.35 and a 52-week high of $127.65. The stock has a market capitalization of $11.33 billion, a P/E ratio of 74.14, a P/E/G ratio of 3.64 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.01. The firm had revenue of $396.51 million for the quarter, compared to analysts’ expectations of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. Camden Property Trust’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company posted $1.71 earnings per share. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. As a group, sell-side analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Camden Property Trust’s payout ratio is 293.71%.

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.