Signaturefd LLC lifted its position in shares of Camden Property Trust (NYSE:CPT – Free Report) by 1,441.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,612 shares of the real estate investment trust’s stock after buying an additional 33,301 shares during the quarter. Signaturefd LLC’s holdings in Camden Property Trust were worth $3,445,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Evergreen Capital Management LLC increased its position in Camden Property Trust by 4,821.7% during the third quarter. Evergreen Capital Management LLC now owns 171,914 shares of the real estate investment trust’s stock worth $16,629,000 after acquiring an additional 168,421 shares during the period. Canton Hathaway LLC raised its stake in Camden Property Trust by 479.2% in the 3rd quarter. Canton Hathaway LLC now owns 1,390 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 1,150 shares in the last quarter. Manchester Capital Management LLC raised its stake in Camden Property Trust by 1,045.5% in the 3rd quarter. Manchester Capital Management LLC now owns 756 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 690 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in Camden Property Trust by 166,583.6% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 121,679 shares of the real estate investment trust’s stock valued at $11,770,000 after purchasing an additional 121,606 shares during the period. Finally, Sterling Capital Management LLC boosted its holdings in Camden Property Trust by 907.5% in the 3rd quarter. Sterling Capital Management LLC now owns 29,862 shares of the real estate investment trust’s stock valued at $2,889,000 after purchasing an additional 26,898 shares during the period. Institutional investors own 97.22% of the company’s stock.
Camden Property Trust Stock Performance
NYSE:CPT opened at $102.05 on Monday. The company has a market cap of $10.26 billion, a price-to-earnings ratio of 33.79, a PEG ratio of 7.60 and a beta of 0.79. Camden Property Trust has a fifty-two week low of $95.30 and a fifty-two week high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The stock has a fifty day moving average price of $101.77 and a 200-day moving average price of $106.56.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same quarter in the previous year, the business posted $1.70 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. 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, equities analysts anticipate that Camden Property Trust will post 6.75 EPS for the current fiscal year.
Camden Property Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were given a dividend of $1.06 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 annualized dividend and a yield of 4.2%. Camden Property Trust’s dividend payout ratio is currently 140.40%.
Analyst Ratings Changes
A number of research analysts have issued reports on CPT shares. Barclays decreased their target price on shares of Camden Property Trust from $123.00 to $114.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 14th. Evercore set a $110.00 target price on shares of Camden Property Trust in a report on Monday, September 21st. Weiss Ratings downgraded shares of Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Wells Fargo & Company dropped their price target on shares of Camden Property Trust from $110.00 to $103.00 and set an “equal weight” rating for the company in a research report on Monday, October 19th. Finally, Truist Financial cut their price target on Camden Property Trust from $123.00 to $108.00 and set a “buy” rating for the company in a research note on Friday, September 25th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and an average target price of $111.62.
Read Our Latest Stock Report on CPT
About Camden Property Trust
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.
Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.
Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.
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