University of Texas Texas AM Investment Management Co. Makes New Investment in Camden Property Trust $CPT

University of Texas Texas AM Investment Management Co. purchased a new position in Camden Property Trust (NYSE:CPT) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 4,875 shares of the real estate investment trust’s stock, valued at approximately $549,000.

Several other institutional investors have also modified their holdings of the business. Centersquare Investment Management LLC increased its stake in Camden Property Trust by 3.6% during the 1st quarter. Centersquare Investment Management LLC now owns 2,614,150 shares of the real estate investment trust’s stock worth $319,711,000 after purchasing an additional 91,752 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Camden Property Trust by 9.2% during the first quarter. Wellington Management Group LLP now owns 2,271,077 shares of the real estate investment trust’s stock worth $277,753,000 after acquiring an additional 192,133 shares during the period. JPMorgan Chase & Co. lifted its position in Camden Property Trust by 17.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,863,792 shares of the real estate investment trust’s stock valued at $227,942,000 after acquiring an additional 273,966 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Camden Property Trust by 1.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,538,038 shares of the real estate investment trust’s stock worth $188,102,000 after purchasing an additional 23,488 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Camden Property Trust by 2.3% in the first quarter. Northern Trust Corp now owns 1,452,031 shares of the real estate investment trust’s stock valued at $177,583,000 after purchasing an additional 31,955 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Up 0.2%

Shares of Camden Property Trust stock opened at $105.21 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. Camden Property Trust has a 12-month low of $100.60 and a 12-month high of $127.65. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 73.57, a PEG ratio of 3.56 and a beta of 0.80. The firm’s 50-day moving average price is $106.79 and its two-hundred day moving average price is $111.36.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results 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. The company had revenue of $396.51 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior 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. On average, analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued 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 of this dividend was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 293.71%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CPT shares. The Goldman Sachs Group cut shares of Camden Property Trust from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $118.00 to $106.00 in a research note on Wednesday, September 17th. 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. Cantor Fitzgerald began coverage on shares of Camden Property Trust in a research report on Wednesday, October 1st. They set a “neutral” rating and a $115.00 price target on the stock. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating for the company in a research note on Monday, August 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research report on Friday. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $121.61.

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.