Ethic Inc. Has $609,000 Stock Position in Camden Property Trust $CPT

Ethic Inc. lifted its stake in Camden Property Trust (NYSE:CPT) by 49.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,355 shares of the real estate investment trust’s stock after acquiring an additional 1,778 shares during the quarter. Ethic Inc.’s holdings in Camden Property Trust were worth $609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its holdings in shares of Camden Property Trust by 1.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 16,789 shares of the real estate investment trust’s stock worth $1,897,000 after acquiring an additional 253 shares during the period. Highland Capital Management LLC raised its position in Camden Property Trust by 17.3% during the second quarter. Highland Capital Management LLC now owns 24,767 shares of the real estate investment trust’s stock valued at $2,791,000 after purchasing an additional 3,660 shares in the last quarter. Fifth Third Bancorp raised its position in Camden Property Trust by 3.0% during the second quarter. Fifth Third Bancorp now owns 5,331 shares of the real estate investment trust’s stock valued at $601,000 after purchasing an additional 154 shares in the last quarter. Yousif Capital Management LLC increased its holdings in shares of Camden Property Trust by 43.1% during the second quarter. Yousif Capital Management LLC now owns 23,711 shares of the real estate investment trust’s stock worth $2,672,000 after buying an additional 7,141 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Camden Property Trust by 319.3% during the second quarter. CWM LLC now owns 9,417 shares of the real estate investment trust’s stock worth $1,061,000 after buying an additional 7,171 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

CPT has been the topic of several analyst reports. Morgan Stanley reduced their price objective 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. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Royal Bank Of Canada decreased their price objective on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating for the company in a research note on Monday, August 4th. The Goldman Sachs Group downgraded shares of Camden Property Trust from a “neutral” rating to a “sell” rating and reduced their target price for the company from $118.00 to $106.00 in a research report on Wednesday, September 17th. Finally, Cantor Fitzgerald initiated coverage on shares of Camden Property Trust in a report on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 price objective for the company. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $121.61.

Camden Property Trust Price Performance

Shares of NYSE:CPT opened at $101.44 on Wednesday. The stock has a market cap of $10.84 billion, a PE ratio of 70.94, a PEG ratio of 3.53 and a beta of 0.80. The company’s fifty day moving average is $106.62 and its 200 day moving average is $111.25. Camden Property Trust has a 52 week low of $100.60 and a 52 week high of $127.65. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82.

Camden Property Trust (NYSE:CPT) last issued 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. The company had revenue of $396.51 million for the quarter, compared to analysts’ expectations 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 revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.71 EPS. 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 year.

Camden Property Trust Dividend Announcement

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