Vanguard Group Inc. Sells 80,451 Shares of Camden Property Trust $CPT

Vanguard Group Inc. trimmed its position in Camden Property Trust (NYSE:CPT) by 0.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,091,995 shares of the real estate investment trust’s stock after selling 80,451 shares during the quarter. Vanguard Group Inc. owned 16.00% of Camden Property Trust worth $1,926,097,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Cape Investment Advisory Inc. bought a new stake in shares of Camden Property Trust in the first quarter valued at about $37,000. IFP Advisors Inc grew 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 acquiring an additional 101 shares in the last quarter. National Pension Service increased its position in Camden Property Trust by 74.2% during the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 167 shares during the period. Private Trust Co. NA raised its holdings in shares of Camden Property Trust by 117.7% in the 2nd quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 233 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Camden Property Trust by 16.8% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

CPT opened at $105.28 on Friday. The firm’s 50-day moving average price is $103.60 and its 200-day moving average price is $109.80. The company has a market cap of $11.20 billion, a P/E ratio of 73.63, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. 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.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. The business 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%. Camden Property Trust’s revenue for the quarter was up 2.2% compared to the same quarter last year. 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. As a group, equities analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were paid a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a yield of 4.0%. Camden Property Trust’s dividend payout ratio (DPR) is 170.04%.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. 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 report on Tuesday, August 26th. Bank of America dropped their price objective on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. UBS Group reduced their target price on shares of Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group downgraded shares of Camden Property Trust from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $118.00 to $106.00 in a research report on Wednesday, September 17th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Camden Property Trust currently 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.