Camden Property Trust (NYSE:CPT) Director Steven Webster Sells 154 Shares

Camden Property Trust (NYSE:CPTGet Free Report) Director Steven Webster sold 154 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $109.18, for a total transaction of $16,813.72. Following the transaction, the director directly owned 118,820 shares in the company, valued at $12,972,767.60. The trade was a 0.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Camden Property Trust Stock Down 0.9%

CPT stock opened at $109.13 on Tuesday. The company has a 50 day moving average price of $104.76 and a two-hundred day moving average price of $107.47. 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 stock has a market capitalization of $11.61 billion, a P/E ratio of 44.18, a PEG ratio of 3.61 and a beta of 0.81. Camden Property Trust has a one year low of $97.17 and a one year high of $126.55.

Camden Property Trust (NYSE:CPTGet Free Report) last posted 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 for the quarter, compared to analysts’ expectations of $397.89 million. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The business’s revenue was up 2.2% on a year-over-year basis. 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. As a group, sell-side analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th will be issued a $1.05 dividend. The ex-dividend date is Wednesday, December 17th. This represents a $4.20 annualized dividend and a yield of 3.8%. Camden Property Trust’s payout ratio is 170.04%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CPT. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target for the company in a research report on Thursday, December 18th. Wells Fargo & Company dropped their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Royal Bank Of Canada dropped their price target on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating for the company in a research note on Monday, November 10th. Finally, Truist Financial reduced their price objective on Camden Property Trust from $123.00 to $116.00 and set a “buy” rating on the stock in a research note on Monday, December 15th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Camden Property Trust presently has an average rating of “Hold” and an average price target of $116.81.

Get Our Latest Stock Analysis on Camden Property Trust

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its position in shares of Camden Property Trust by 14.6% in the fourth quarter. GAMMA Investing LLC now owns 4,599 shares of the real estate investment trust’s stock worth $506,000 after buying an additional 585 shares during the period. Davis Selected Advisers lifted its position in Camden Property Trust by 13.3% during the 3rd quarter. Davis Selected Advisers now owns 89,120 shares of the real estate investment trust’s stock worth $9,516,000 after acquiring an additional 10,470 shares in the last quarter. Allworth Financial LP boosted its holdings in Camden Property Trust by 106.5% in the 3rd quarter. Allworth Financial LP now owns 605 shares of the real estate investment trust’s stock worth $65,000 after acquiring an additional 312 shares during the period. Swiss Life Asset Management Ltd grew its position in Camden Property Trust by 42.1% in the third quarter. Swiss Life Asset Management Ltd now owns 13,079 shares of the real estate investment trust’s stock valued at $1,397,000 after acquiring an additional 3,874 shares in the last quarter. Finally, Cambria Investment Management L.P. grew its position in Camden Property Trust by 15.6% in the third quarter. Cambria Investment Management L.P. now owns 5,087 shares of the real estate investment trust’s stock valued at $543,000 after acquiring an additional 685 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

About Camden Property Trust

(Get Free Report)

Camden Property Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development and management of multifamily residential communities across the United States. The company’s core business activities include acquiring land for new construction, overseeing the design and development of garden-style and mid-rise apartment communities, and providing ongoing property management services. Camden’s asset management team focuses on maintaining high occupancy levels, resident satisfaction and operational efficiency through consistent leasing, maintenance and community engagement programs.

Camden’s portfolio encompasses a geographically diversified mix of properties located primarily in high-growth Sun Belt and major metropolitan markets.

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Insider Buying and Selling by Quarter for Camden Property Trust (NYSE:CPT)

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