Camden Property Trust (NYSE:CPT) Sees Significant Increase in Short Interest

Camden Property Trust (NYSE:CPT) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 3,919,071 shares, an increase of 26.0% from the December 31st total of 3,111,334 shares. Based on an average daily trading volume, of 1,578,795 shares, the short-interest ratio is currently 2.5 days. Approximately 3.8% of the company’s shares are sold short. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 1,578,795 shares, the short-interest ratio is currently 2.5 days.

Camden Property Trust Price Performance

Camden Property Trust stock traded up $2.00 during mid-day trading on Wednesday, reaching $108.92. 683,484 shares of the company were exchanged, compared to its average volume of 1,333,693. The firm has a market cap of $11.59 billion, a PE ratio of 44.04, a PEG ratio of 8.52 and a beta of 0.82. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.13 and a quick ratio of 0.13. The company has a fifty day simple moving average of $107.43 and a 200-day simple moving average of $106.65. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $126.55.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.02. The company had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.Camden Property Trust’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.71 EPS. 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 research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th were issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis 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 is 170.04%.

Insiders Place Their Bets

In other news, COO Laurie Baker sold 531 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.79, for a total transaction of $58,298.49. Following the transaction, the chief operating officer owned 96,786 shares in the company, valued at $10,626,134.94. The trade was a 0.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard J. Campo sold 5,600 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total value of $617,176.00. Following the completion of the transaction, the chief executive officer owned 295,556 shares of the company’s stock, valued at $32,573,226.76. This represents a 1.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 52,288 shares of company stock worth $5,741,857. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Camden Property Trust

Institutional investors have recently modified their holdings of the business. State Street Corp grew its position in Camden Property Trust by 1.5% in the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after acquiring an additional 111,215 shares during the last quarter. Viking Global Investors LP raised its stake in shares of Camden Property Trust by 41.6% during 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 acquiring an additional 1,130,718 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Camden Property Trust by 1.8% in the second quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock worth $332,432,000 after purchasing an additional 51,357 shares during the last quarter. Centersquare Investment Management LLC increased its stake in shares of Camden Property Trust by 1.4% in the third quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after buying an additional 38,897 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Camden Property Trust by 5.0% in the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock worth $266,358,000 after purchasing an additional 119,401 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. UBS Group upped their price target on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Mizuho increased their target price on Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Scotiabank dropped their price target on Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 4th. Morgan Stanley reduced their price objective on Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a research report on Thursday, November 13th. Finally, Wells Fargo & Company decreased their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $117.34.

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.