Czech National Bank Has $2.94 Million Holdings in Camden Property Trust $CPT

Czech National Bank grew its position in Camden Property Trust (NYSE:CPT) by 6.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,115 shares of the real estate investment trust’s stock after buying an additional 1,613 shares during the period. Czech National Bank’s holdings in Camden Property Trust were worth $2,943,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Nicola Wealth Management LTD. bought a new stake in shares of Camden Property Trust during the first quarter worth $1,773,000. MQS Management LLC acquired 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 during the 1st quarter worth about $45,879,000. BROOKFIELD Corp ON acquired a new stake in shares of Camden Property Trust in the first quarter valued at approximately $19,087,000. Finally, Bayforest Capital Ltd increased its stake in Camden Property Trust by 114.0% in the 1st quarter. Bayforest Capital Ltd now owns 5,737 shares of the real estate investment trust’s stock valued at $702,000 after buying an additional 3,056 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Stifel Nicolaus raised Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a research report on Tuesday, August 26th. Evercore ISI increased their target price on Camden Property Trust from $114.00 to $116.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Scotiabank dropped their price target on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating for the company in a research note on Thursday, August 14th. Finally, The Goldman Sachs Group cut shares of Camden Property Trust from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $118.00 to $106.00 in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $122.25.

Camden Property Trust Stock Up 0.7%

Shares of NYSE CPT opened at $108.07 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The company has a market cap of $11.55 billion, a P/E ratio of 75.57, a P/E/G ratio of 3.64 and a beta of 0.80. Camden Property Trust has a 52 week low of $102.35 and a 52 week high of $127.69. The business has a 50-day simple moving average of $109.77 and a two-hundred day simple moving average of $113.90.

Camden Property Trust (NYSE:CPT) last announced 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 company had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a dividend of $1.05 per share. 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%.

About Camden Property Trust

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.