Envestnet Asset Management Inc. Reduces Stake in Camden Property Trust $CPT

Envestnet Asset Management Inc. lowered its position in Camden Property Trust (NYSE:CPTFree Report) by 2.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 198,613 shares of the real estate investment trust’s stock after selling 4,969 shares during the period. Envestnet Asset Management Inc. owned about 0.19% of Camden Property Trust worth $21,208,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of 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 valued at $2,257,000 after purchasing an additional 336 shares during the last quarter. Focus Partners Wealth grew its position in Camden Property Trust by 2.4% during the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after buying an additional 175 shares during the period. IFP Advisors Inc increased its holdings 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 buying an additional 101 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Camden Property Trust by 6.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,718 shares of the real estate investment trust’s stock valued at $1,321,000 after buying an additional 708 shares during the last quarter. Finally, CWM LLC raised its position in Camden Property Trust by 319.3% in the second quarter. CWM LLC now owns 9,417 shares of the real estate investment trust’s stock worth $1,061,000 after acquiring an additional 7,171 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Mizuho upped their price objective on Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus set a $118.50 price target on Camden Property Trust in a research report on Friday, February 6th. UBS Group lifted their price objective on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Finally, Barclays boosted their price objective on Camden Property Trust from $118.00 to $119.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $117.15.

Read Our Latest Report on Camden Property Trust

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $108.50 on Friday. The company has a market cap of $11.54 billion, a P/E ratio of 30.65, a P/E/G ratio of 7.21 and a beta of 0.82. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $126.55. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.13 and a current ratio of 0.14. The firm’s fifty day moving average is $107.88 and its two-hundred day moving average is $106.45.

Camden Property Trust (NYSE:CPTGet Free Report) last issued its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The firm had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.73 EPS. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. As a group, analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be given a $1.06 dividend. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a yield of 3.9%. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s dividend payout ratio (DPR) is presently 118.64%.

Camden Property Trust declared that its Board of Directors has approved a share buyback program on Thursday, February 5th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, Director Heather J. Brunner sold 2,104 shares of the 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 completion of the transaction, the director owned 10,205 shares in the company, valued at $1,119,386.45. This trade represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Alexander J. Jessett sold 5,627 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $617,225.63. Following the sale, the chief financial officer owned 141,821 shares in the company, valued at $15,556,345.49. This represents a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 52,288 shares of company stock worth $5,741,857 in the last ninety days. Company insiders own 1.80% of the company’s stock.

About Camden Property Trust

(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.

Read More

Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.