CORDA Investment Management LLC. Has $22.85 Million Position in Camden Property Trust $CPT

CORDA Investment Management LLC. increased its stake in shares of Camden Property Trust (NYSE:CPT) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 214,028 shares of the real estate investment trust’s stock after buying an additional 5,097 shares during the period. Camden Property Trust accounts for about 1.6% of CORDA Investment Management LLC.’s portfolio, making the stock its 28th largest holding. CORDA Investment Management LLC. owned 0.20% of Camden Property Trust worth $22,854,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Camden Property Trust by 1.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after purchasing an additional 336 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Camden Property Trust by 4.2% during the first quarter. Goldman Sachs Group Inc. now owns 758,988 shares of the real estate investment trust’s stock worth $92,824,000 after buying an additional 30,325 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Camden Property Trust in the first quarter valued at about $330,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Camden Property Trust by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,051,377 shares of the real estate investment trust’s stock worth $128,583,000 after acquiring an additional 79,265 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Camden Property Trust by 2.4% in the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 175 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

CPT has been the topic of a number of recent research reports. Mizuho lowered their price objective 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. Morgan Stanley decreased their price target 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. Evercore ISI cut their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Truist Financial reduced their price objective on shares of 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. Finally, JPMorgan Chase & Co. upgraded shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price for the company in a research report on Thursday, December 18th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $116.99.

Insider Transactions at Camden Property Trust

In other Camden Property Trust news, COO Laurie Baker sold 531 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.79, for a total value of $58,298.49. Following the completion of the transaction, the chief operating officer owned 96,786 shares of the company’s stock, valued at $10,626,134.94. This represents a 0.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard J. Campo sold 5,600 shares of Camden Property Trust stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total value of $617,176.00. Following the sale, the chief executive officer directly owned 295,556 shares in the company, valued at $32,573,226.76. The trade was a 1.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 52,288 shares of company stock worth $5,741,857. 1.80% of the stock is currently owned by insiders.

Camden Property Trust Stock Down 2.3%

Shares of NYSE CPT opened at $108.79 on Friday. The company has a market cap of $11.57 billion, a price-to-earnings ratio of 44.05, a PEG ratio of 3.57 and a beta of 0.81. 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 stock has a 50-day moving average price of $105.57 and a two-hundred day moving average price of $107.36.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. The company had revenue of $398.24 million for 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 period last year, the company posted $1.71 EPS. 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, analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 17th will be issued a dividend of $1.05 per share. The ex-dividend date of this dividend is Wednesday, December 17th. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. Camden Property Trust’s dividend payout ratio (DPR) is 170.04%.

About Camden Property Trust

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.