Camden Property Trust $CPT Holdings Boosted by Mather Group LLC.

Mather Group LLC. boosted its position in shares of Camden Property Trust (NYSE:CPT) by 2,961.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,338 shares of the real estate investment trust’s stock after buying an additional 11,935 shares during the quarter. Mather Group LLC.’s holdings in Camden Property Trust were worth $1,193,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. First Citizens Bank & Trust Co. acquired a new position in Camden Property Trust during the third quarter valued at $846,000. Krilogy Financial LLC acquired a new stake in Camden Property Trust during the 3rd quarter worth about $1,454,000. NorthCrest Asset Manangement LLC acquired a new stake in Camden Property Trust during the 3rd quarter worth about $407,000. Envestnet Portfolio Solutions Inc. grew its stake in Camden Property Trust by 31.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,549 shares of the real estate investment trust’s stock valued at $750,000 after acquiring an additional 1,570 shares in the last quarter. Finally, Engineers Gate Manager LP grew its stake in Camden Property Trust by 30.7% during the 2nd quarter. Engineers Gate Manager LP now owns 14,519 shares of the real estate investment trust’s stock valued at $1,662,000 after acquiring an additional 3,414 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CPT has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating on the stock in a report on Tuesday. Wall Street Zen lowered shares of Camden Property Trust from a “sell” rating to a “strong sell” rating in a research report on Saturday. Wells Fargo & Company decreased their price target on shares of Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Weiss Ratings cut shares of Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Finally, Cantor Fitzgerald boosted their price objective on shares of Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $112.08.

Camden Property Trust Stock Up 0.4%

CPT stock traded up $0.37 during trading hours on Friday, hitting $98.56. The company’s stock had a trading volume of 917,262 shares, compared to its average volume of 1,158,079. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $9.91 billion, a PE ratio of 32.64, a price-to-earnings-growth ratio of 7.31 and a beta of 0.79. Camden Property Trust has a 12 month low of $95.30 and a 12 month high of $119.81. The stock has a 50 day moving average price of $102.65 and a two-hundred day moving average price of $106.47.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The business had revenue of $396.07 million for the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.70 EPS. 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. On average, equities research analysts expect that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 140.40%.

Camden Property Trust Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.