Saturna Capital Corp Boosts Holdings in Camden Property Trust $CPT

Saturna Capital Corp lifted its holdings in Camden Property Trust (NYSE:CPT) by 10.1% in the second quarter, HoldingsChannel reports. The firm owned 5,990 shares of the real estate investment trust’s stock after buying an additional 550 shares during the quarter. Saturna Capital Corp’s holdings in Camden Property Trust were worth $675,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its holdings in Camden Property Trust by 45.7% during the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 101 shares in the last quarter. Cape Investment Advisory Inc. purchased a new stake in shares of Camden Property Trust during the first quarter worth $37,000. National Pension Service raised its stake in shares of Camden Property Trust by 74.2% in the first quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 167 shares in the last quarter. Private Trust Co. NA raised its stake in shares of Camden Property Trust by 117.7% in the second quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 233 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Camden Property Trust by 16.8% in the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 89 shares during the period. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $102.09 on Wednesday. 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 52 week low of $97.17 and a 52 week high of $127.65. The firm’s 50 day moving average is $103.96 and its two-hundred day moving average is $109.99. The firm has a market capitalization of $10.86 billion, a P/E ratio of 71.39, a P/E/G ratio of 3.31 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.71 EPS. 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 forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

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

Wall Street Analysts Forecast Growth

CPT has been the topic of several recent research reports. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Citigroup decreased their price target on shares of Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. The Goldman Sachs Group cut shares of Camden Property Trust from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $118.00 to $106.00 in a report on Wednesday, September 17th. Barclays reduced their price objective on shares of Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating on the stock in a report on Tuesday, September 30th. Finally, Scotiabank lowered their target price on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $119.04.

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.