Camden Property Trust $CPT Shares Sold by Capital Square LLC

Capital Square LLC cut its stake in shares of Camden Property Trust (NYSE:CPT) by 10.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,458 shares of the real estate investment trust’s stock after selling 1,101 shares during the period. Capital Square LLC’s holdings in Camden Property Trust were worth $1,076,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Millennium Management LLC raised its position in Camden Property Trust by 1,669.3% in the first quarter. Millennium Management LLC now owns 1,078,335 shares of the real estate investment trust’s stock valued at $131,880,000 after purchasing an additional 1,017,388 shares during the period. Nuveen LLC purchased a new position in shares of Camden Property Trust in the first quarter valued at approximately $123,882,000. Jennison Associates LLC grew its holdings in shares of Camden Property Trust by 87.3% in the second quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust’s stock valued at $114,236,000 after purchasing an additional 472,623 shares in the last quarter. Woodline Partners LP purchased a new stake in Camden Property Trust during the 1st quarter worth approximately $45,879,000. Finally, JPMorgan Chase & Co. lifted its holdings in Camden Property Trust by 17.2% during the 1st quarter. JPMorgan Chase & Co. now owns 1,863,792 shares of the real estate investment trust’s stock worth $227,942,000 after buying an additional 273,966 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Up 0.8%

Shares of Camden Property Trust stock opened at $102.61 on Monday. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 71.75, a price-to-earnings-growth 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’s 50-day simple moving average is $104.33 and its 200-day simple moving average is $110.22. 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 (NYSE:CPT) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. During the same quarter last year, the firm earned $1.71 earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. 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 research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CPT shares. Morgan Stanley dropped their price objective on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Thursday. Evercore ISI dropped their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research note on Monday, November 3rd. Scotiabank decreased 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. Stifel Nicolaus raised Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a report on Tuesday, August 26th. Finally, Bank of America dropped their price target 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. Seven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $119.04.

Camden Property Trust Company 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.