Inspire Investing LLC Acquires 308 Shares of Camden Property Trust $CPT

Inspire Investing LLC increased its holdings in Camden Property Trust (NYSE:CPT) by 13.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,556 shares of the real estate investment trust’s stock after acquiring an additional 308 shares during the quarter. Inspire Investing LLC’s holdings in Camden Property Trust were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in CPT. MQS Management LLC bought a new position in Camden Property Trust in the 1st quarter worth $1,421,000. Woodline Partners LP bought a new position in Camden Property Trust in the first quarter worth about $45,879,000. Bayforest Capital Ltd raised its stake in Camden Property Trust by 114.0% in the first quarter. Bayforest Capital Ltd now owns 5,737 shares of the real estate investment trust’s stock worth $702,000 after buying an additional 3,056 shares in the last quarter. FJ Capital Management LLC purchased a new stake in Camden Property Trust in the first quarter worth about $356,000. Finally, Alliancebernstein L.P. boosted its position in Camden Property Trust by 1.9% during the 1st quarter. Alliancebernstein L.P. now owns 157,139 shares of the real estate investment trust’s stock valued at $19,218,000 after acquiring an additional 2,956 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of CPT stock opened at $106.37 on Thursday. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of 74.38, a price-to-earnings-growth ratio of 3.63 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a one year low of $102.35 and a one year high of $127.69. The company’s 50-day moving average is $110.00 and its 200 day moving average is $114.13.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The firm had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.71 earnings per share. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Sell-side analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be paid a $1.05 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. Camden Property Trust’s payout ratio is currently 293.71%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Citigroup decreased their target price on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Morgan Stanley decreased their price objective on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating for the company in a report on Wednesday, August 13th. UBS Group lowered their price objective on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating for the company in a research report on Tuesday, July 15th. Wells Fargo & Company reduced their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 27th. Finally, Truist Financial decreased their price target on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, August 27th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $122.25.

Camden Property Trust Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.