Signaturefd LLC Sells 135 Shares of Camden Property Trust $CPT

Signaturefd LLC trimmed its stake in Camden Property Trust (NYSE:CPT) by 10.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,198 shares of the real estate investment trust’s stock after selling 135 shares during the period. Signaturefd LLC’s holdings in Camden Property Trust were worth $135,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its stake in Camden Property Trust by 16.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after buying an additional 89 shares during the last quarter. Country Club Bank lifted its holdings in shares of Camden Property Trust by 0.4% in the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock valued at $3,204,000 after buying an additional 92 shares during the period. Amalgamated Bank lifted its holdings in shares of Camden Property Trust by 0.5% in the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock valued at $2,514,000 after buying an additional 93 shares during the period. First Manhattan CO. LLC. lifted its holdings in shares of Camden Property Trust by 0.3% in the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock valued at $3,809,000 after buying an additional 101 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Camden Property Trust by 5.4% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,523 shares of the real estate investment trust’s stock worth $309,000 after purchasing an additional 130 shares during the period. 97.22% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CPT shares. Piper Sandler reduced their price target on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Saturday, September 27th. Evercore ISI increased their price objective on 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. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Finally, Citigroup lowered their price target 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. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $121.73.

Camden Property Trust Stock Down 0.2%

CPT opened at $104.20 on Friday. The business’s 50-day simple moving average is $108.24 and its 200-day simple moving average is $112.94. 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 $127.65. The stock has a market capitalization of $11.13 billion, a P/E ratio of 72.87, a price-to-earnings-growth ratio of 3.54 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, topping 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 business had revenue of $396.51 million for the quarter, compared to analysts’ expectations of $393.24 million. During the same quarter in the previous year, the firm earned $1.71 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business 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 $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, September 30th. Camden Property Trust’s payout ratio is 293.71%.

Camden Property Trust Company 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.