52,418 Shares in Camden Property Trust $CPT Acquired by Aviva PLC

Aviva PLC acquired a new stake in shares of Camden Property Trust (NYSE:CPT) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 52,418 shares of the real estate investment trust’s stock, valued at approximately $5,907,000.

Several other hedge funds also recently bought and sold shares of CPT. Centersquare Investment Management LLC boosted its position in shares of Camden Property Trust by 3.6% during the first 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 lifted its holdings in 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 in the last quarter. JPMorgan Chase & Co. grew its stake in Camden Property Trust by 17.2% in the first 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 during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Camden Property Trust by 1.6% in the first 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 acquiring an additional 23,488 shares in the last quarter. Finally, Northern Trust Corp increased 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 worth $177,583,000 after acquiring an additional 31,955 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CPT has been the topic of several recent analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and set a $105.00 price objective on shares of Camden Property Trust in a report on Monday. Piper Sandler cut their price target on shares of Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating on the stock in a research note on Monday. Truist Financial lowered their price objective on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a research report on Wednesday, August 27th. Royal Bank Of Canada dropped their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a report on Monday. Finally, Morgan Stanley reduced their target price on shares of Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $119.10.

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $102.65 on Thursday. The stock has a 50 day moving average price of $104.67 and a 200 day moving average price of $110.40. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $127.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a market capitalization of $10.97 billion, a PE ratio of 71.78, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. During the same quarter in the previous year, the firm earned $1.71 EPS. The business’s quarterly revenue was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Analysts predict 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 declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio is 170.04%.

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.