QRG Capital Management Inc. Has $321,000 Holdings in Camden Property Trust $CPT

QRG Capital Management Inc. trimmed its position in Camden Property Trust (NYSE:CPT) by 86.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,006 shares of the real estate investment trust’s stock after selling 19,163 shares during the period. QRG Capital Management Inc.’s holdings in Camden Property Trust were worth $321,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. State Street Corp increased its holdings in Camden Property Trust by 2.0% in the 2nd quarter. State Street Corp now owns 7,452,448 shares of the real estate investment trust’s stock worth $847,524,000 after purchasing an additional 147,684 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of 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 worth $332,432,000 after purchasing an additional 51,357 shares during the last quarter. Invesco Ltd. increased its stake in shares of Camden Property Trust by 34.5% in the second quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock valued at $267,645,000 after buying an additional 609,697 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Camden Property Trust by 0.3% in 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 buying an additional 5,846 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Camden Property Trust by 4.3% in the 2nd 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 buying an additional 66,039 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the completion of the sale, the chief executive officer owned 301,156 shares of the company’s stock, valued at $33,060,905.68. This trade represents a 11.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director owned 10,205 shares in the company, valued at $1,119,386.45. The trade was a 17.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 52,288 shares of company stock valued at $5,741,857 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CPT has been the topic of a number of research reports. Truist Financial boosted their target price on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday. Cantor Fitzgerald reissued a “neutral” rating and issued a $105.00 price objective on shares of Camden Property Trust in a research note on Monday, November 10th. Scotiabank decreased their price objective on Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. JPMorgan Chase & Co. raised 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust has an average rating of “Hold” and an average target price of $117.51.

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $107.78 on Friday. The company has a market capitalization of $11.47 billion, a PE ratio of 43.63, a P/E/G ratio of 3.92 and a beta of 0.81. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55. The firm has a fifty day simple moving average of $106.83 and a 200 day simple moving average of $107.02.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The firm had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. During the same period last year, the business posted $1.71 EPS. The business’s revenue was up 2.2% compared to the same quarter last year. 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. On average, sell-side analysts forecast 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 was paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th were paid a $1.05 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a $4.20 annualized dividend and a yield of 3.9%. Camden Property Trust’s payout ratio is 170.04%.

Camden Property Trust Company Profile

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.