Aberdeen Group plc lessened its stake in Camden Property Trust (NYSE:CPT – Free Report) by 12.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 235,525 shares of the real estate investment trust’s stock after selling 33,468 shares during the period. Aberdeen Group plc owned 0.22% of Camden Property Trust worth $25,927,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Legacy Wealth Asset Management LLC raised its position in shares of Camden Property Trust by 1.6% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock worth $669,000 after acquiring an additional 93 shares during the last quarter. Intact Investment Management Inc. boosted its holdings in Camden Property Trust by 16.7% in the second quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 100 shares during the last quarter. Norinchukin Bank The boosted its holdings in Camden Property Trust by 1.0% in the third quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after acquiring an additional 107 shares during the last quarter. Osaic Holdings Inc. increased its position in Camden Property Trust by 0.8% in the second quarter. Osaic Holdings Inc. now owns 14,319 shares of the real estate investment trust’s stock worth $1,615,000 after purchasing an additional 110 shares during the period. Finally, Wealthfront Advisers LLC increased its position in Camden Property Trust by 5.3% in the third quarter. Wealthfront Advisers LLC now owns 2,719 shares of the real estate investment trust’s stock worth $290,000 after purchasing an additional 136 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.
Insider Buying and Selling at Camden Property Trust
In related news, CEO Richard J. Campo sold 5,600 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the sale, the chief executive officer directly owned 295,556 shares in the company, valued at $32,573,226.76. This trade represents a 1.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Laurie Baker sold 2,168 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total value of $235,011.20. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold 8,087 shares of company stock valued at $887,043 in the last three months. 1.80% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Analysis on CPT
Camden Property Trust Price Performance
CPT opened at $100.82 on Monday. The stock has a market cap of $10.56 billion, a P/E ratio of 28.48, a P/E/G ratio of 6.86 and a beta of 0.83. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $123.31. 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 company has a fifty day simple moving average of $104.92 and a 200 day simple moving average of $105.14.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $396.08 million for the quarter, compared to the consensus estimate of $393.05 million. During the same quarter in the prior year, the firm posted $1.73 earnings per share. The business’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, research analysts expect that Camden Property Trust will post 6.76 EPS for the current year.
Camden Property Trust announced that its Board of Directors has initiated a share buyback plan on Thursday, February 5th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are 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 positive change from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Camden Property Trust’s payout ratio is currently 119.77%.
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.
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