Aberdeen Group plc trimmed its holdings in Camden Property Trust (NYSE:CPT – Free Report) by 16.1% during the third quarter, Holdings Channel.com reports. The fund owned 268,993 shares of the real estate investment trust’s stock after selling 51,523 shares during the period. Aberdeen Group plc’s holdings in Camden Property Trust were worth $28,390,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of the stock. Abich Financial Wealth Management LLC acquired a new position in Camden Property Trust in the 3rd quarter valued at about $25,000. Quent Capital LLC purchased a new stake in shares of Camden Property Trust during the third quarter worth about $29,000. Loomis Sayles & Co. L P acquired a new position in shares of Camden Property Trust in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. raised its position in shares of 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 valued at $30,000 after buying an additional 236 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust during the second quarter valued at approximately $32,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Bank of America cut their price target on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Truist Financial upped their target price on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. JPMorgan Chase & Co. raised Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target on the stock in a research note on Thursday, December 18th. Wells Fargo & Company dropped their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Finally, Mizuho increased their price objective on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $117.15.
Camden Property Trust Stock Performance
Shares of NYSE:CPT opened at $108.28 on Wednesday. The business’s 50-day simple moving average is $108.13 and its 200 day simple moving average is $106.35. The company has a market cap of $11.20 billion, a P/E ratio of 30.59, a PEG ratio of 7.28 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. Camden Property Trust has a one year low of $97.17 and a one year high of $126.55.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The firm had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.73 earnings per share. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. On average, sell-side analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.
Camden Property Trust Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $1.06 per share. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s payout ratio is 118.64%.
Camden Property Trust announced that its board has authorized a stock buyback program on Thursday, February 5th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Insiders Place Their Bets
In other Camden Property Trust news, COO Laurie Baker sold 531 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.79, for a total transaction of $58,298.49. Following the completion of the sale, the chief operating officer owned 96,786 shares in the company, valued at $10,626,134.94. This trade represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust 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 $617,225.63. Following the sale, the chief financial officer 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 52,288 shares of company stock worth $5,741,857. 1.90% of the stock is owned by insiders.
Camden Property Trust Company 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.
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