Norges Bank Purchases New Shares in Camden Property Trust $CPT

Norges Bank purchased a new stake in shares of Camden Property Trust (NYSE:CPT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,404,312 shares of the real estate investment trust’s stock, valued at approximately $154,587,000. Norges Bank owned approximately 1.32% of Camden Property Trust as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of Camden Property Trust during the third quarter valued at approximately $25,000. Hantz Financial Services Inc. boosted its holdings in Camden Property Trust by 524.4% in the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 236 shares in the last quarter. Clearstead Advisors LLC boosted 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 worth $32,000 after acquiring an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust in the second quarter worth $32,000. Finally, Fulcrum Asset Management LLP bought a new stake in Camden Property Trust in the third quarter worth $32,000. 97.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Scotiabank downgraded Camden Property Trust from a “sector perform” rating to a “sector underperform” rating and dropped their target price for the stock from $113.00 to $95.00 in a report on Thursday, May 14th. Royal Bank Of Canada boosted their target price on Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Wells Fargo & Company boosted their target price on Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a report on Monday. UBS Group dropped their target price on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Finally, Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $113.05.

Camden Property Trust Trading Up 2.8%

Camden Property Trust stock opened at $109.03 on Thursday. The company has a market capitalization of $10.96 billion, a price-to-earnings ratio of 30.46, a price-to-earnings-growth ratio of 7.89 and a beta of 0.80. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.00. The business’s fifty day simple moving average is $103.19 and its two-hundred day simple moving average is $105.38.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The firm had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the prior year, the company posted $1.72 earnings per share. 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 predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust declared that its Board of Directors has initiated a share repurchase plan on Thursday, February 5th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

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.