Voya Investment Management LLC Boosts Holdings in Camden Property Trust $CPT

Voya Investment Management LLC increased its position in Camden Property Trust (NYSE:CPT) by 1.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,011 shares of the real estate investment trust’s stock after purchasing an additional 421 shares during the quarter. Voya Investment Management LLC’s holdings in Camden Property Trust were worth $3,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in Camden Property Trust by 49.6% in the 4th quarter. Royal Bank of Canada now owns 167,807 shares of the real estate investment trust’s stock valued at $19,472,000 after buying an additional 55,674 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Camden Property Trust by 2.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 972,112 shares of the real estate investment trust’s stock worth $112,804,000 after acquiring an additional 25,695 shares in the last quarter. GF Fund Management CO. LTD. purchased a new position in Camden Property Trust in the fourth quarter valued at about $225,000. Toronto Dominion Bank grew its stake in Camden Property Trust by 8.4% during the 4th quarter. Toronto Dominion Bank now owns 57,073 shares of the real estate investment trust’s stock valued at $6,623,000 after purchasing an additional 4,404 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Camden Property Trust during the 4th quarter worth approximately $10,661,000. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Trading Up 0.7%

Camden Property Trust stock opened at $108.07 on Friday. Camden Property Trust has a 12-month low of $102.35 and a 12-month high of $127.69. The stock has a market capitalization of $11.55 billion, a PE ratio of 75.57, a price-to-earnings-growth ratio of 3.64 and a beta of 0.80. The firm has a 50 day simple moving average of $109.77 and a 200-day simple moving average of $113.90. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18.

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

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 30th. Camden Property Trust’s payout ratio is presently 293.71%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CPT. Stifel Nicolaus upgraded Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 target price for the company in a research note on Tuesday, August 26th. Morgan Stanley cut their price target on shares of Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 13th. Truist Financial decreased their price objective on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, August 27th. UBS Group dropped their target price on shares of 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. Finally, Evercore ISI increased their price target on shares of Camden Property Trust from $114.00 to $116.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. 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.com, the stock currently has a consensus rating of “Hold” and an average target price of $122.25.

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.