Metis Global Partners LLC Boosts Holdings in Camden Property Trust $CPT

Metis Global Partners LLC boosted its position in shares of Camden Property Trust (NYSE:CPT) by 21.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 21,525 shares of the real estate investment trust’s stock after purchasing an additional 3,744 shares during the period. Metis Global Partners LLC’s holdings in Camden Property Trust were worth $2,426,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC raised 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 worth $76,000 after buying an additional 89 shares during the last quarter. First Manhattan CO. LLC. increased its position in shares of Camden Property Trust by 0.3% during the first quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock valued at $3,809,000 after acquiring an additional 101 shares in the last quarter. IFP Advisors Inc raised its holdings in Camden Property Trust by 45.7% in 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 during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings 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 worth $2,073,000 after acquiring an additional 103 shares during the last quarter. Finally, Signaturefd LLC lifted its position in Camden Property Trust by 8.5% in the 1st quarter. Signaturefd LLC now owns 1,333 shares of the real estate investment trust’s stock valued at $163,000 after acquiring an additional 104 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Trading Up 2.5%

Shares of NYSE:CPT opened at $101.76 on Monday. The stock’s 50-day simple moving average is $105.10 and its two-hundred day simple moving average is $110.61. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 71.16, a PEG ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $127.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.68 by $0.02. The firm had revenue of $398.24 million during 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%. The business’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 firm earned $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. Analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were paid 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 (DPR) is 170.04%.

Analysts Set New Price Targets

CPT has been the subject of a number of research analyst reports. Truist Financial reduced their target price on Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, August 27th. Piper Sandler reduced their price objective on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Barclays decreased their target price on Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating for the company in a research report on Tuesday, September 30th. Morgan Stanley dropped their price target on shares of Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 13th. Finally, Stifel Nicolaus upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target for the company in a research note on Tuesday, August 26th. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $120.05.

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.