Catalyst Funds Management Pty Ltd purchased a new stake in Camden Property Trust (NYSE:CPT – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,900 shares of the real estate investment trust’s stock, valued at approximately $980,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in CPT. Viking Global Investors LP raised its position in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after buying an additional 1,130,718 shares in the last quarter. UBS Group AG raised its position in shares of Camden Property Trust by 94.2% in the fourth quarter. UBS Group AG now owns 1,137,805 shares of the real estate investment trust’s stock valued at $125,250,000 after buying an additional 551,850 shares in the last quarter. Northern Trust Corp raised its position in shares of Camden Property Trust by 22.2% in the third quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust’s stock valued at $185,564,000 after buying an additional 315,244 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Camden Property Trust by 2,269.6% in the fourth quarter. SG Americas Securities LLC now owns 276,835 shares of the real estate investment trust’s stock valued at $30,474,000 after buying an additional 265,152 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Camden Property Trust by 379.4% in the second quarter. AQR Capital Management LLC now owns 315,526 shares of the real estate investment trust’s stock valued at $35,557,000 after buying an additional 249,705 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
CPT has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Evercore set a $107.00 price target on shares of Camden Property Trust in a research report on Friday, May 1st. UBS Group dropped their price target on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Wall Street Zen downgraded shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Monday, April 20th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $112.98.
Camden Property Trust Stock Up 1.4%
Shares of CPT opened at $107.64 on Friday. Camden Property Trust has a one year low of $96.53 and a one year high of $119.00. The company has a market cap of $10.82 billion, a P/E ratio of 30.07, a P/E/G ratio of 7.99 and a beta of 0.81. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a 50 day simple moving average of $102.00 and a two-hundred day simple moving average of $105.03.
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate 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 business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period in the previous year, the business earned $1.72 earnings per share. The company’s revenue was down .5% on a year-over-year basis. 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. Research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.
Camden Property Trust declared that its Board of Directors has approved a stock repurchase plan on Thursday, February 5th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.
Camden Property Trust Company 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.
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