Camden Property Trust $CPT Shares Sold by First Trust Advisors LP

First Trust Advisors LP cut its position in Camden Property Trust (NYSE:CPT) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 360,493 shares of the real estate investment trust’s stock after selling 19,801 shares during the quarter. First Trust Advisors LP owned about 0.34% of Camden Property Trust worth $38,493,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Camden Property Trust by 2.0% during the second quarter. State Street Corp now owns 7,452,448 shares of the real estate investment trust’s stock valued at $847,524,000 after buying an additional 147,684 shares during the last quarter. Geode Capital Management LLC boosted its position 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 buying an additional 51,357 shares during the period. Centersquare Investment Management LLC grew its holdings in Camden Property Trust by 1.4% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after buying an additional 38,897 shares in the last quarter. Invesco Ltd. increased its position in Camden Property Trust by 34.5% in the 2nd quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock valued at $267,645,000 after acquiring an additional 609,697 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Camden Property Trust by 0.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,869,638 shares of the real estate investment trust’s stock valued at $210,690,000 after acquiring an additional 5,846 shares during the period. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $101.69 on Friday. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $124.32. The firm has a market cap of $10.52 billion, a P/E ratio of 28.72, a PEG ratio of 6.88 and a beta of 0.82. The stock has a fifty day moving average price of $108.01 and a two-hundred day moving average price of $106.41. 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 (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 analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The firm had revenue of $396.08 million during the quarter, compared to the consensus estimate of $393.05 million. During the same period in the prior year, the firm posted $1.73 EPS. The firm’s quarterly 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. Research analysts forecast that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust announced that its Board of Directors has approved a share buyback program on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. This is a boost 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 dividend yield of 4.2%. Camden Property Trust’s payout ratio is currently 118.64%.

Insider Buying and Selling

In related news, Director Heather J. Brunner sold 2,104 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Alexander J. Jessett sold 5,627 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $617,225.63. Following the completion of the transaction, the chief financial officer owned 141,821 shares of the company’s stock, valued at approximately $15,556,345.49. The trade was a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 54,625 shares of company stock worth $5,995,193. Company insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CPT shares. Truist Financial boosted their price target on Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Mizuho lifted their price objective on shares of Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, January 21st. 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. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $115.41.

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.