Camden Property Trust $CPT Position Raised by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Camden Property Trust (NYSE:CPT) by 1,338.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 403,037 shares of the real estate investment trust’s stock after buying an additional 375,027 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Camden Property Trust were worth $38,986,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Jennison Associates LLC lifted its holdings in shares of Camden Property Trust by 100.2% during the 1st quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after acquiring an additional 603,997 shares during the last quarter. State of Alaska Department of Revenue grew its position in Camden Property Trust by 945.3% in the third quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock worth $59,669,000 after acquiring an additional 557,850 shares in the last quarter. CORDA Investment Management LLC. grew its position in Camden Property Trust by 90.8% in the first quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock worth $41,692,000 after acquiring an additional 203,131 shares in the last quarter. Renaissance Technologies LLC increased its stake in Camden Property Trust by 49.7% in the first quarter. Renaissance Technologies LLC now owns 466,800 shares of the real estate investment trust’s stock valued at $45,588,000 after acquiring an additional 154,900 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Camden Property Trust in the second quarter valued at $16,395,000. Institutional investors own 97.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Truist Financial lowered their price target on Camden Property Trust from $123.00 to $108.00 and set a “buy” rating on the stock in a research report on Friday, September 25th. Cantor Fitzgerald lifted their price target on Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Wall Street Zen cut Camden Property Trust from a “sell” rating to a “strong sell” rating in a report on Saturday. UBS Group cut their price objective on Camden Property Trust from $105.00 to $101.00 and set a “neutral” rating for the company in a report on Wednesday, October 14th. Finally, Wells Fargo & Company reduced their price objective on Camden Property Trust from $110.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Monday. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $111.62.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $97.90 on Tuesday. Camden Property Trust has a 52-week low of $95.30 and a 52-week high of $119.81. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 32.42, a price-to-earnings-growth ratio of 7.34 and a beta of 0.79. The company has a fifty day moving average of $102.43 and a 200-day moving average of $106.53. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same period last year, the business posted $1.70 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. Equities research analysts expect that Camden Property Trust will post 6.75 EPS for the current year.

Camden Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were paid a dividend of $1.06 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.3%. Camden Property Trust’s payout ratio is presently 140.40%.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.

Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.

Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.