American Century Companies Inc. Reduces Stake in Camden Property Trust $CPT

American Century Companies Inc. lessened its holdings in Camden Property Trust (NYSE:CPT) by 62.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 161,284 shares of the real estate investment trust’s stock after selling 264,027 shares during the quarter. American Century Companies Inc. owned about 0.15% of Camden Property Trust worth $18,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CPT. Cape Investment Advisory Inc. purchased a new stake in shares of Camden Property Trust in the 1st quarter valued at $37,000. IFP Advisors Inc lifted its position in 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 valued at $36,000 after purchasing an additional 101 shares during the period. National Pension Service boosted its holdings in Camden Property Trust by 74.2% in the first quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 167 shares during the last quarter. Private Trust Co. NA grew its position in Camden Property Trust by 117.7% during the 2nd quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 233 shares during the period. Finally, Smartleaf Asset Management LLC grew its position 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 purchasing an additional 89 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CPT shares. Mizuho lowered their target price on Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. Piper Sandler decreased their price target on Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Morgan Stanley lowered their price objective on Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 13th. Bank of America cut their target price on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Finally, Evercore ISI decreased their target price on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $117.99.

Camden Property Trust Trading Up 0.0%

Shares of CPT stock opened at $106.10 on Wednesday. The stock’s fifty day moving average is $103.37 and its two-hundred day moving average is $109.08. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.13 and a current ratio of 0.13. The firm has a market capitalization of $11.29 billion, a P/E ratio of 42.96, a PEG ratio of 3.52 and a beta of 0.82. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55.

Camden Property Trust (NYSE:CPT) last released its 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. The business had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. Research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were issued a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a yield of 4.0%. Camden Property Trust’s dividend payout ratio is presently 170.04%.

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.