Socorro Asset Management LP Sells 8,159 Shares of Camden Property Trust $CPT

Socorro Asset Management LP cut its holdings in Camden Property Trust (NYSE:CPT) by 10.2% in the first quarter, Holdings Channel.com reports. The fund owned 72,077 shares of the real estate investment trust’s stock after selling 8,159 shares during the quarter. Camden Property Trust makes up about 3.2% of Socorro Asset Management LP’s investment portfolio, making the stock its 14th largest position. Socorro Asset Management LP’s holdings in Camden Property Trust were worth $7,039,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. New Mexico Educational Retirement Board lifted its stake in shares of Camden Property Trust by 2.1% in the 4th quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 100 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Camden Property Trust by 38.1% during the fourth quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 107 shares in the last quarter. Norinchukin Bank The raised its holdings in Camden Property Trust by 1.0% during the third quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after buying an additional 107 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in Camden Property Trust by 5.6% during the fourth quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 114 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Camden Property Trust by 2.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,029 shares of the real estate investment trust’s stock worth $554,000 after buying an additional 115 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analysts Set New Price Targets

CPT has been the subject of several analyst reports. Cantor Fitzgerald reduced their target price on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Royal Bank Of Canada lifted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Scotiabank boosted their price objective on shares of Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a research note on Thursday, July 9th. Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a report on Wednesday, July 22nd. Finally, Wells Fargo & Company raised their target price on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Five equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $116.40.

Camden Property Trust Stock Down 0.8%

Shares of CPT opened at $112.81 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The company has a 50-day moving average price of $111.91 and a two-hundred day moving average price of $107.32. The stock has a market cap of $11.34 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 8.76 and a beta of 0.78. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data 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. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. During the same period last year, the business earned $1.72 earnings per share. The business’s revenue was down .5% on a year-over-year basis. 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. Equities analysts predict that Camden Property Trust will post 6.66 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were given a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a yield of 3.8%. Camden Property Trust’s payout ratio is 118.44%.

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.