Nomura Asset Management Co. Ltd. Increases Stock Holdings in Camden Property Trust $CPT

Nomura Asset Management Co. Ltd. grew its position in shares of Camden Property Trust (NYSE:CPTFree Report) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 186,095 shares of the real estate investment trust’s stock after purchasing an additional 4,553 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.17% of Camden Property Trust worth $20,971,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of CPT. Smartleaf Asset Management LLC raised its stake in shares of Camden Property Trust by 16.8% during the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 89 shares during the last quarter. Forsta AP Fonden raised its holdings in Camden Property Trust by 0.6% during the second quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust’s stock worth $1,961,000 after purchasing an additional 100 shares during the last quarter. First Manhattan CO. LLC. boosted its position in shares of Camden Property Trust by 0.3% in the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after buying an additional 101 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Camden Property Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Camden Property Trust by 0.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,395 shares of the real estate investment trust’s stock valued at $2,073,000 after buying an additional 103 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Stock Performance

Camden Property Trust stock opened at $102.09 on Wednesday. The company has a market cap of $10.86 billion, a price-to-earnings ratio of 71.39, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $127.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The stock’s 50-day moving average is $103.96 and its 200-day moving average is $109.99.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $398.24 million during the quarter, compared to analysts’ expectations of $397.89 million. During the same quarter in the previous year, the business earned $1.71 EPS. The company’s revenue for the quarter 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. Equities analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

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

Analyst Upgrades and Downgrades

CPT has been the topic of several analyst reports. The Goldman Sachs Group cut Camden Property Trust from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $118.00 to $106.00 in a report on Wednesday, September 17th. Citigroup reduced their target price on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Stifel Nicolaus upgraded Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target for the company in a report on Tuesday, August 26th. Wells Fargo & Company dropped their price objective on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating for the company in a research note on Monday, October 13th. Finally, Piper Sandler decreased their target price on shares of Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. Seven equities research 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $119.04.

Check Out Our Latest Analysis on CPT

Camden Property Trust Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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