Camden Property Trust $CPT Shares Sold by Lincluden Management Ltd.

Lincluden Management Ltd. lowered its position in Camden Property Trust (NYSE:CPT) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,705 shares of the real estate investment trust’s stock after selling 127 shares during the quarter. Lincluden Management Ltd.’s holdings in Camden Property Trust were worth $3,009,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CPT. Park Avenue Securities LLC lifted its holdings in Camden Property Trust by 6.2% in the 1st quarter. Park Avenue Securities LLC now owns 4,780 shares of the real estate investment trust’s stock worth $585,000 after buying an additional 279 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Camden Property Trust by 6.9% in the 1st quarter. GAMMA Investing LLC now owns 3,300 shares of the real estate investment trust’s stock worth $404,000 after buying an additional 213 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Camden Property Trust by 212.5% in the 1st quarter. SG Americas Securities LLC now owns 8,726 shares of the real estate investment trust’s stock worth $1,067,000 after buying an additional 5,934 shares in the last quarter. CX Institutional acquired a new position in Camden Property Trust in the 1st quarter worth $128,000. Finally, Fifth Third Bancorp lifted its holdings in Camden Property Trust by 4.9% in the 1st quarter. Fifth Third Bancorp now owns 5,177 shares of the real estate investment trust’s stock worth $633,000 after buying an additional 244 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Price Performance

Shares of NYSE:CPT opened at $101.66 on Friday. 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 fifty-two week low of $100.60 and a fifty-two week high of $127.65. The firm has a 50-day simple moving average of $107.39 and a 200 day simple moving average of $112.26. The company has a market cap of $10.86 billion, a PE ratio of 71.09, a P/E/G ratio of 3.45 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. During the same quarter in the prior year, the firm earned $1.71 EPS. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. On average, sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be given a $1.05 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.1%. Camden Property Trust’s dividend payout ratio is 293.71%.

Wall Street Analysts Forecast Growth

CPT has been the topic of a number of recent analyst reports. Cantor Fitzgerald initiated coverage on shares of Camden Property Trust in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 target price on the stock. Wells Fargo & Company cut their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 27th. Barclays cut their target price on shares of Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 30th. Stifel Nicolaus upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 target price on the stock in a research note on Tuesday, August 26th. Finally, Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Six 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 MarketBeat.com, Camden Property Trust currently has an average rating of “Hold” and a consensus target price of $121.73.

About Camden Property Trust

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.