Camden Property Trust $CPT Stock Position Lifted by Private Trust Co. NA

Private Trust Co. NA boosted its stake in shares of Camden Property Trust (NYSE:CPT) by 117.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 431 shares of the real estate investment trust’s stock after purchasing an additional 233 shares during the period. Private Trust Co. NA’s holdings in Camden Property Trust were worth $49,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CPT. GAMMA Investing LLC grew its position in Camden Property Trust by 6.9% during the first quarter. GAMMA Investing LLC now owns 3,300 shares of the real estate investment trust’s stock valued at $404,000 after purchasing an additional 213 shares in the last quarter. Lecap Asset Management Ltd. purchased a new position in Camden Property Trust during the first quarter valued at approximately $650,000. Security National Bank grew its position in Camden Property Trust by 1.9% during the first quarter. Security National Bank now owns 8,434 shares of the real estate investment trust’s stock valued at $1,031,000 after purchasing an additional 154 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in Camden Property Trust by 0.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 313,753 shares of the real estate investment trust’s stock valued at $38,372,000 after purchasing an additional 879 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its position in Camden Property Trust by 18.8% during the first quarter. Illinois Municipal Retirement Fund now owns 27,476 shares of the real estate investment trust’s stock valued at $3,360,000 after purchasing an additional 4,355 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $104.99 on Friday. The firm has a fifty day simple moving average of $106.83 and a 200-day simple moving average of $111.33. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. Camden Property Trust has a 1-year low of $100.60 and a 1-year high of $127.65. The stock has a market capitalization of $11.22 billion, a price-to-earnings ratio of 73.42, a PEG ratio of 3.54 and a beta of 0.80.

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

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Tuesday, September 30th. Camden Property Trust’s payout ratio is presently 293.71%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Royal Bank Of Canada lowered their price objective on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a research report on Monday, August 4th. Barclays decreased their target price on shares of Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, September 30th. Scotiabank decreased their target price on shares of Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating for the company in a research report on Thursday, August 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald started coverage on shares of Camden Property Trust in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 target price for the company. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $121.61.

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.