Cannell & Spears LLC Decreases Stock Holdings in Camden Property Trust $CPT

Cannell & Spears LLC lowered its position in shares of Camden Property Trust (NYSE:CPT) by 17.4% in the first quarter, HoldingsChannel.com reports. The firm owned 23,510 shares of the real estate investment trust’s stock after selling 4,950 shares during the quarter. Cannell & Spears LLC’s holdings in Camden Property Trust were worth $2,296,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Advisors LLC increased its holdings in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust during the 2nd quarter worth about $32,000. Fulcrum Asset Management LLP acquired a new position in shares of Camden Property Trust during the 3rd quarter worth about $32,000. MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust during the 2nd quarter worth about $35,000. Finally, Summit Securities Group LLC increased its holdings in shares of Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 268 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $113.75 on Friday. The firm’s fifty day simple moving average is $111.74 and its 200-day simple moving average is $107.31. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 8.76 and a beta of 0.78. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42.

Camden Property Trust (NYSE:CPT) last issued its quarterly 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 firm had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter in the prior year, the business earned $1.72 EPS. Camden Property Trust’s quarterly revenue was down .5% compared to the same quarter last year. 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, equities analysts forecast that Camden Property Trust will post 6.66 earnings per share for the current year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Scotiabank raised their target price on Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a research report on Thursday, July 9th. Jefferies Financial Group raised Camden Property Trust to a “hold” rating in a report on Wednesday. Cantor Fitzgerald cut their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a report on Friday, May 1st. Finally, Morgan Stanley increased their target price on shares of Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus target price of $116.40.

Camden Property Trust 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.