Barings LLC Buys New Position in Camden Property Trust $CPT

Barings LLC purchased a new position in Camden Property Trust (NYSE:CPTFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 57,104 shares of the real estate investment trust’s stock, valued at approximately $6,435,000. Barings LLC owned 0.05% of Camden Property Trust as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. 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. Cape Investment Advisory Inc. acquired a new position in Camden Property Trust in the 1st quarter worth $37,000. National Pension Service boosted its position in Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 167 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Camden Property Trust by 117.7% during the second quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 233 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Camden Property Trust by 16.8% during the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 89 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CPT. Citigroup reduced their price target on Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 14th. UBS Group reduced their target price on Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Morgan Stanley cut their price target on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Finally, Stifel Nicolaus raised shares of Camden Property Trust from a “hold” rating to a “buy” rating and set a $122.75 price objective for the company in a report on Tuesday, August 26th. Seven equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $119.04.

Read Our Latest Stock Report on Camden Property Trust

Camden Property Trust Stock Up 1.5%

CPT stock opened at $105.28 on Friday. 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 has a 1-year low of $97.17 and a 1-year high of $127.65. The firm has a fifty day moving average price of $103.60 and a two-hundred day moving average price of $109.73. The firm has a market cap of $11.20 billion, a price-to-earnings ratio of 73.63, a PEG ratio of 3.31 and a beta of 0.81.

Camden Property Trust (NYSE:CPTGet Free Report) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The company had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. During the same period last year, the firm posted $1.71 EPS. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Research analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.05 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.0%. Camden Property Trust’s dividend payout ratio is 170.04%.

About Camden Property Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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