Boston Trust Walden Corp Sells 10,049 Shares of Camden Property Trust $CPT

Boston Trust Walden Corp lowered its holdings in Camden Property Trust (NYSE:CPTFree Report) by 2.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 442,189 shares of the real estate investment trust’s stock after selling 10,049 shares during the period. Boston Trust Walden Corp’s holdings in Camden Property Trust were worth $43,184,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CPT. American Century Companies Inc. increased its stake in Camden Property Trust by 21.2% during the third quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after acquiring an additional 34,204 shares during the period. Teacher Retirement System of Texas boosted its stake in Camden Property Trust by 517.9% during the fourth quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after buying an additional 224,501 shares in the last quarter. Ceredex Value Advisors LLC boosted its stake in Camden Property Trust by 12.5% during the third quarter. Ceredex Value Advisors LLC now owns 145,400 shares of the real estate investment trust’s stock worth $15,526,000 after buying an additional 16,100 shares in the last quarter. Vert Asset Management LLC bought a new stake in Camden Property Trust in the 4th quarter valued at $3,150,000. Finally, Jefferies Financial Group Inc. bought a new stake in Camden Property Trust in the 3rd quarter valued at $2,459,000. 97.22% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Evercore set a $113.00 price objective on Camden Property Trust in a report on Monday, June 8th. Jefferies Financial Group raised Camden Property Trust to a “strong-buy” rating in a report on Friday, June 26th. Barclays raised their target price on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Stifel Nicolaus set a $118.75 price target on Camden Property Trust in a research report on Friday, May 1st. Finally, Truist Financial increased their price objective on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and an average target price of $114.67.

View Our Latest Stock Analysis on Camden Property Trust

Camden Property Trust Stock Up 1.3%

Shares of NYSE:CPT opened at $117.20 on Friday. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $117.56. The company’s 50-day moving average price is $108.57 and its two-hundred day moving average price is $106.70. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm has a market cap of $11.78 billion, a P/E ratio of 32.74, a P/E/G ratio of 8.92 and a beta of 0.78.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping 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 the consensus estimate of $378.11 million. During the same period in the previous year, the firm posted $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. As a group, research analysts forecast that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be given a $1.06 dividend. This represents a $4.24 annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s payout ratio is 118.44%.

Camden Property Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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