KBC Group NV Sells 3,786 Shares of Camden Property Trust $CPT

KBC Group NV cut its holdings in shares of Camden Property Trust (NYSE:CPT) by 9.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,215 shares of the real estate investment trust’s stock after selling 3,786 shares during the quarter. KBC Group NV’s holdings in Camden Property Trust were worth $4,081,000 as of its most recent SEC filing.

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

Camden Property Trust Trading Up 0.8%

Shares of Camden Property Trust stock opened at $102.61 on Friday. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $127.65. The stock has a market capitalization of $10.92 billion, a P/E ratio of 71.75, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. The company has a 50-day simple moving average of $104.33 and a 200 day simple moving average of $110.24. 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 (NYSE:CPT) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.1%. Camden Property Trust’s payout ratio is presently 170.04%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CPT. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, October 8th. Evercore ISI decreased their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Stifel Nicolaus upgraded Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 target price for the company in a research note on Tuesday, August 26th. Royal Bank Of Canada decreased their price target on shares of Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $105.00 price target on shares of Camden Property Trust in a report on Monday, November 10th. Seven equities 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $119.04.

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.