Camden Property Trust $CPT Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its stake in Camden Property Trust (NYSE:CPT) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,789 shares of the real estate investment trust’s stock after buying an additional 253 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Camden Property Trust were worth $1,897,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Smartleaf Asset Management LLC lifted its position in Camden Property Trust by 16.8% in the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock valued at $76,000 after buying an additional 89 shares during the last quarter. Country Club Bank lifted its position in shares of Camden Property Trust by 0.4% during the first quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock worth $3,204,000 after purchasing an additional 92 shares in the last quarter. Amalgamated Bank lifted its position in shares of Camden Property Trust by 0.5% during the first quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock worth $2,514,000 after purchasing an additional 93 shares in the last quarter. First Manhattan CO. LLC. lifted its position in shares of Camden Property Trust by 0.3% during the first quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after purchasing an additional 101 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Camden Property Trust by 45.7% during the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 101 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of CPT opened at $103.50 on Wednesday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The firm has a market cap of $11.06 billion, a PE ratio of 72.38, a price-to-earnings-growth ratio of 3.50 and a beta of 0.80. The company’s 50 day simple moving average is $106.90 and its 200-day simple moving average is $111.40. Camden Property Trust has a 12-month low of $100.60 and a 12-month high of $127.65.

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 analysts’ consensus estimates of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. During the same period last year, the firm posted $1.71 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were given a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 293.71%.

Analysts Set New Price Targets

Several analysts have recently issued reports on CPT shares. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Stifel Nicolaus upgraded shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price target on the stock in a research note on Tuesday, August 26th. Morgan Stanley dropped 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 research note on Wednesday, August 13th. Royal Bank Of Canada dropped their price target on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a research note on Monday, August 4th. Finally, UBS Group dropped their price target on shares of Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 15th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust has an average rating of “Hold” and an average target price of $121.61.

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.