Turtle Creek Wealth Advisors LLC Makes New Investment in Camden Property Trust $CPT

Turtle Creek Wealth Advisors LLC purchased a new stake in Camden Property Trust (NYSE:CPT) during the 3rd quarter, Holdings Channel reports. The fund purchased 4,718 shares of the real estate investment trust’s stock, valued at approximately $504,000.

Several other large investors have also modified their holdings of the business. Quent Capital LLC acquired a new position in shares of Camden Property Trust during the 3rd quarter worth approximately $29,000. Loomis Sayles & Co. L P purchased a new position in Camden Property Trust during the second quarter worth $32,000. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust during the second quarter worth $32,000. MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust in the second quarter worth $35,000. Finally, True Wealth Design LLC lifted its position in shares of Camden Property Trust by 234.4% in the third quarter. True Wealth Design LLC now owns 321 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 225 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CPT shares. Royal Bank Of Canada dropped their price objective on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating for the company in a research report on Monday, November 10th. UBS Group lifted their price target on shares of Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Evercore ISI reduced 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. Wells Fargo & Company decreased their target price on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Finally, Truist Financial boosted their price target on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Camden Property Trust currently has a consensus rating of “Hold” and an average price target of $117.51.

Camden Property Trust Trading Down 2.1%

Shares of CPT stock opened at $107.22 on Wednesday. The firm’s 50-day simple moving average is $106.51 and its 200-day simple moving average is $107.05. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.13 and a quick ratio of 0.13. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The firm has a market cap of $11.41 billion, a P/E ratio of 43.41, a PEG ratio of 3.59 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping the consensus estimate of $1.68 by $0.02. The firm had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. Camden Property Trust’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, equities analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Wednesday, December 17th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, December 17th. Camden Property Trust’s dividend payout ratio (DPR) is 170.04%.

Insider Transactions at Camden Property Trust

In other news, COO Laurie Baker sold 531 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.79, for a total value of $58,298.49. Following the transaction, the chief operating officer directly owned 96,786 shares in the company, valued at $10,626,134.94. This trade represents a 0.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $617,225.63. Following the completion of the transaction, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. This represents a 3.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 52,288 shares of company stock valued at $5,741,857. Corporate insiders own 1.90% of the company’s stock.

About Camden Property Trust

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.