PGGM Investments Lowers Holdings in Camden Property Trust $CPT

PGGM Investments reduced its stake in shares of Camden Property Trust (NYSE:CPT) by 56.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 210,852 shares of the real estate investment trust’s stock after selling 275,645 shares during the period. PGGM Investments owned approximately 0.20% of Camden Property Trust worth $22,515,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Quent Capital LLC acquired a new stake in Camden Property Trust during the third quarter worth about $29,000. Loomis Sayles & Co. L P acquired a new stake in shares of Camden Property Trust during the 2nd quarter worth approximately $32,000. CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust during the 2nd quarter valued at approximately $32,000. MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust in the 2nd quarter valued at $35,000. Finally, True Wealth Design LLC boosted its holdings in Camden Property Trust by 234.4% during the third quarter. True Wealth Design LLC now owns 321 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 225 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, CFO Alexander J. Jessett sold 5,627 shares of the 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 sale, the chief financial officer owned 141,821 shares in the company, valued at approximately $15,556,345.49. This represents a 3.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $230,787.76. Following the transaction, the director owned 10,205 shares in the company, valued at approximately $1,119,386.45. This represents a 17.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 52,288 shares of company stock valued at $5,741,857. Corporate insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on CPT. Piper Sandler cut their price objective on shares of Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Barclays lifted their price target on Camden Property Trust from $118.00 to $119.00 and gave the company an “equal weight” rating in a research note on Tuesday. UBS Group increased their price target on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Wells Fargo & Company cut their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Finally, Morgan Stanley decreased their target price on Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Camden Property Trust has an average rating of “Hold” and a consensus target price of $117.40.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $108.28 on Friday. The stock has a market capitalization of $11.52 billion, a P/E ratio of 43.84, a PEG ratio of 3.54 and a beta of 0.81. The business has a 50 day simple moving average of $106.14 and a two-hundred day simple moving average of $107.24. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $126.55. 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 (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. During the same period in the previous year, the company posted $1.71 earnings per share. The business’s revenue was up 2.2% on a year-over-year basis. 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, analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th will be given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is 170.04%.

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.