First Financial Bankshares Inc Decreases Stake in Camden Property Trust $CPT

First Financial Bankshares Inc cut its position in Camden Property Trust (NYSE:CPT) by 97.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,571 shares of the real estate investment trust’s stock after selling 83,013 shares during the period. First Financial Bankshares Inc’s holdings in Camden Property Trust were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in Camden Property Trust in the second quarter valued at $160,217,000. Long Pond Capital LP boosted its position in shares of Camden Property Trust by 209.6% during the 2nd quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust’s stock worth $115,253,000 after acquiring an additional 692,412 shares in the last quarter. Invesco Ltd. boosted its position in shares of Camden Property Trust by 34.5% during the 2nd quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock worth $267,645,000 after acquiring an additional 609,697 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Camden Property Trust by 87.3% in the 2nd quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust’s stock valued at $114,236,000 after acquiring an additional 472,623 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Camden Property Trust by 518.1% during the 2nd quarter. First Trust Advisors LP now owns 380,294 shares of the real estate investment trust’s stock worth $42,855,000 after acquiring an additional 318,764 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

Shares of CPT opened at $108.71 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55. The firm has a 50-day simple moving average of $108.52 and a 200-day simple moving average of $106.41. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 30.71, a price-to-earnings-growth ratio of 7.43 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The company had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the prior year, the company earned $1.73 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. 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. On average, equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust announced that its Board of Directors has authorized a share buyback plan on Thursday, February 5th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Camden Property Trust Increases Dividend

The company also recently disclosed 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 positive change from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 3.9%. Camden Property Trust’s payout ratio is 118.64%.

Insider Activity

In other news, CEO Richard J. Campo sold 38,021 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.78, for a total value of $4,173,945.38. Following the sale, the chief executive officer owned 301,156 shares of the company’s stock, valued at $33,060,905.68. The trade was a 11.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Laurie Baker sold 2,168 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the transaction, the chief operating officer owned 94,468 shares in the company, valued at approximately $10,240,331.20. This trade represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 54,625 shares of company stock valued at $5,995,193. Corporate insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Morgan Stanley lowered their price target on Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating for the company in a report on Thursday, November 13th. Piper Sandler set a $108.00 price target on shares of Camden Property Trust in a research report on Tuesday, January 27th. Evercore dropped their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Mizuho raised their price target 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. Six investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.15.

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.