Empyrean Capital Partners LP Takes $9.18 Million Position in Camden Property Trust $CPT

Empyrean Capital Partners LP acquired a new position in shares of Camden Property Trust (NYSE:CPT) in the first quarter, Holdings Channel reports. The fund acquired 94,000 shares of the real estate investment trust’s stock, valued at approximately $9,180,000.

Several other institutional investors have also made changes to their positions in CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Camden Property Trust by 1.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after purchasing an additional 336 shares in the last quarter. Focus Partners Wealth boosted its holdings in Camden Property Trust by 2.4% during the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 175 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of Camden Property Trust by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after purchasing an additional 210 shares during the period. Walleye Capital LLC bought a new stake in shares of Camden Property Trust in the 2nd quarter valued at approximately $219,000. Finally, Federated Hermes Inc. grew its stake in shares of Camden Property Trust by 265.0% in the 2nd quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 3,570 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $112.81 on Tuesday. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $11.34 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 8.76 and a beta of 0.78. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81. The firm’s 50-day moving average price is $111.91 and its two-hundred day moving average price is $107.32.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The company had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter in the previous year, the company posted $1.72 earnings per share. Camden Property Trust’s quarterly revenue was down .5% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. On average, equities analysts predict that Camden Property Trust will post 6.66 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Wall Street Analyst Weigh In

CPT has been the subject of several analyst reports. Truist Financial raised their target price on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Scotiabank upped their price target on Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a research report on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Friday, July 17th. Wells Fargo & Company increased their price objective on Camden Property Trust from $107.00 to $113.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 22nd. Finally, Cantor Fitzgerald cut their price objective on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Five research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $116.40.

Camden Property Trust Profile

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.