Aurora Investment Managers LLC. Sells 132 Shares of Camden Property Trust $CPT

Aurora Investment Managers LLC. decreased its position in Camden Property Trust (NYSE:CPT) by 0.4% during the 2nd quarter, Holdings Channel reports. The firm owned 33,607 shares of the real estate investment trust’s stock after selling 132 shares during the quarter. Camden Property Trust makes up 2.3% of Aurora Investment Managers LLC.’s investment portfolio, making the stock its 13th biggest holding. Aurora Investment Managers LLC.’s holdings in Camden Property Trust were worth $3,787,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in CPT. KLP Kapitalforvaltning AS grew its position in Camden Property Trust by 5.9% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 37,429 shares of the real estate investment trust’s stock worth $4,251,000 after acquiring an additional 2,100 shares during the last quarter. Knights of Columbus Asset Advisors LLC bought a new stake in Camden Property Trust during the 2nd quarter worth about $2,061,000. Highland Capital Management LLC grew its stake in shares of Camden Property Trust by 17.3% during the second quarter. Highland Capital Management LLC now owns 24,767 shares of the real estate investment trust’s stock valued at $2,791,000 after purchasing an additional 3,660 shares during the last quarter. QRG Capital Management Inc. grew its stake in shares of Camden Property Trust by 14.7% during the second quarter. QRG Capital Management Inc. now owns 22,169 shares of the real estate investment trust’s stock valued at $2,498,000 after purchasing an additional 2,849 shares during the last quarter. Finally, Vanderbilt University grew its stake in shares of Camden Property Trust by 82.2% during the second quarter. Vanderbilt University now owns 7,435 shares of the real estate investment trust’s stock valued at $838,000 after purchasing an additional 3,355 shares during the last quarter. 97.22% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CPT has been the topic of a number of recent research reports. Scotiabank decreased their price objective on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 14th. Piper Sandler decreased their price target on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Stifel Nicolaus raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 target price on the stock in a research note on Tuesday, August 26th. Finally, JPMorgan Chase & Co. raised their target price on shares of Camden Property Trust from $127.00 to $129.00 and gave the company an “underweight” rating in a research note on Tuesday, June 17th. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $121.73.

Camden Property Trust Stock Performance

Camden Property Trust stock opened at $103.04 on Thursday. Camden Property Trust has a 12-month low of $102.35 and a 12-month high of $127.65. 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 business’s 50-day moving average price is $107.64 and its two-hundred day moving average price is $112.60. The stock has a market cap of $11.01 billion, a PE ratio of 72.06, a P/E/G ratio of 3.51 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.01. The company had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm’s revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.71 EPS. 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, analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a dividend of $1.05 per share. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a yield of 4.1%. Camden Property Trust’s payout ratio is currently 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.