Arrowstreet Capital Limited Partnership Increases Stake in Camden Property Trust $CPT

Arrowstreet Capital Limited Partnership grew its stake in shares of Camden Property Trust (NYSE:CPT) by 213.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,517 shares of the real estate investment trust’s stock after buying an additional 124,948 shares during the period. Arrowstreet Capital Limited Partnership owned 0.17% of Camden Property Trust worth $20,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Geode Capital Management LLC grew its stake in Camden Property Trust by 1.8% during the second quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock valued at $332,432,000 after acquiring an additional 51,357 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Camden Property Trust by 9.2% during the 1st quarter. Wellington Management Group LLP now owns 2,271,077 shares of the real estate investment trust’s stock valued at $277,753,000 after purchasing an additional 192,133 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Camden Property Trust by 0.3% during the second quarter. JPMorgan Chase & Co. now owns 1,869,638 shares of the real estate investment trust’s stock valued at $210,690,000 after purchasing an additional 5,846 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Camden Property Trust by 4.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,604,077 shares of the real estate investment trust’s stock valued at $180,763,000 after purchasing an additional 66,039 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Camden Property Trust by 2.3% in the first quarter. Northern Trust Corp now owns 1,452,031 shares of the real estate investment trust’s stock worth $177,583,000 after purchasing an additional 31,955 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on CPT shares. Cantor Fitzgerald reissued a “neutral” rating and set a $105.00 price target on shares of Camden Property Trust in a research note on Monday, November 10th. Mizuho lowered their target price on Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, October 8th. Barclays set a $118.00 price target on shares of Camden Property Trust and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. 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 research note on Tuesday, August 26th. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $117.99.

Camden Property Trust Stock Performance

Shares of NYSE:CPT opened at $103.87 on Monday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $126.55. The company has a market capitalization of $11.05 billion, a price-to-earnings ratio of 42.05, a PEG ratio of 3.45 and a beta of 0.82. The firm’s 50-day moving average is $103.24 and its 200 day moving average is $108.80.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last 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 predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is 170.04%.

About Camden Property Trust

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.