Camden Property Trust (NYSE:CPT – Get Free Report) was upgraded by research analysts at UBS Group to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.
CPT has been the topic of a number of other reports. Scotiabank increased their price target on shares of Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a research report on Thursday, July 9th. Wall Street Zen downgraded shares of Camden Property Trust from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Piper Sandler upped their price target on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on Camden Property Trust from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Finally, Stifel Nicolaus set a $123.25 price target on Camden Property Trust in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $116.08.
View Our Latest Analysis on CPT
Camden Property Trust Stock Down 1.4%
Camden Property Trust (NYSE:CPT – Get Free Report) last posted 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). The firm had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.Camden Property Trust’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.70 earnings per share. 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. As a group, research analysts anticipate that Camden Property Trust will post 6.75 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Centersquare Investment Management LLC lifted its position in Camden Property Trust by 3.6% during the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock valued at $311,373,000 after buying an additional 98,130 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after purchasing an additional 825,769 shares in the last quarter. Maverick Capital Ltd. increased its stake in shares of Camden Property Trust by 1.6% during the first quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after purchasing an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Camden Property Trust by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after purchasing an additional 37,456 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Camden Property Trust in the 4th quarter worth approximately $154,587,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.
Camden Property Trust Company Profile
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.
The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.
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