Algert Global LLC Acquires 32,684 Shares of Camden Property Trust $CPT

Algert Global LLC grew its stake in shares of Camden Property Trust (NYSE:CPT) by 42.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 109,088 shares of the real estate investment trust’s stock after acquiring an additional 32,684 shares during the period. Algert Global LLC owned 0.10% of Camden Property Trust worth $11,648,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. State Street Corp boosted its stake in 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 period. Viking Global Investors LP grew its stake in Camden Property Trust by 41.6% in the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after buying an additional 1,130,718 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Camden Property Trust by 1.8% in the 2nd 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 last quarter. Centersquare Investment Management LLC raised its position in shares of Camden Property Trust by 1.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after buying an additional 38,897 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Camden Property Trust by 5.0% during the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after buying an additional 119,401 shares in the last quarter. 97.22% of the stock is owned by institutional investors.

Insider Activity at Camden Property Trust

In related news, COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the sale, the chief operating officer owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This trade represents a 2.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction that occurred 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 directly owned 10,205 shares in the company, valued at approximately $1,119,386.45. This represents a 17.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,625 shares of company stock worth $5,995,193 in the last three months. 1.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Royal Bank Of Canada reduced their target price on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 10th. Stifel Nicolaus set a $118.50 target price on shares of Camden Property Trust in a research report on Friday, February 6th. Barclays cut their price target on shares of Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th. Finally, UBS Group raised their price objective on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Five 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 stock. According to data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and an average price target of $115.41.

Camden Property Trust Stock Performance

Shares of CPT opened at $100.55 on Monday. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average price is $107.82 and its 200-day moving average price is $106.30. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $124.32. The stock has a market cap of $10.40 billion, a P/E ratio of 28.40, a P/E/G ratio of 6.85 and a beta of 0.82.

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

Camden Property Trust declared that its board has approved a stock repurchase plan on Thursday, February 5th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Camden Property Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.06 per share. The ex-dividend date is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 4.2%. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.64%.

Camden Property Trust 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.