Aew Capital Management L P trimmed its stake in Camden Property Trust (NYSE:CPT – Free Report) by 61.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,150 shares of the real estate investment trust’s stock after selling 84,075 shares during the period. Aew Capital Management L P’s holdings in Camden Property Trust were worth $5,675,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in CPT. TD Asset Management Inc grew its stake in Camden Property Trust by 13.3% in the third quarter. TD Asset Management Inc now owns 42,268 shares of the real estate investment trust’s stock valued at $4,513,000 after purchasing an additional 4,974 shares during the last quarter. Mufg Securities Americas Inc. boosted its holdings in shares of Camden Property Trust by 21.7% in the 3rd quarter. Mufg Securities Americas Inc. now owns 2,882 shares of the real estate investment trust’s stock valued at $308,000 after buying an additional 514 shares in the last quarter. Aurora Investment Managers LLC. grew its position in shares of Camden Property Trust by 0.5% in the 3rd quarter. Aurora Investment Managers LLC. now owns 33,791 shares of the real estate investment trust’s stock worth $3,608,000 after buying an additional 184 shares during the last quarter. Avalon Trust Co bought a new position in shares of Camden Property Trust during the 3rd quarter worth approximately $88,000. Finally, Tredje AP fonden raised its stake in shares of Camden Property Trust by 23.4% during the 3rd quarter. Tredje AP fonden now owns 10,541 shares of the real estate investment trust’s stock worth $1,126,000 after acquiring an additional 1,998 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
CPT has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Evercore lowered their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Piper Sandler set a $108.00 target price on Camden Property Trust in a research report on Tuesday, January 27th. Mizuho increased their price target on Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Finally, Wells Fargo & Company lowered their price target on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $117.15.
Insider Buying and Selling at Camden Property Trust
In other Camden Property Trust news, 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 transaction of $235,011.20. Following the sale, the chief operating officer directly 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 is accessible through this link. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were 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 of the company’s stock, valued at approximately $1,119,386.45. This trade represents a 17.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 54,625 shares of company stock valued at $5,995,193 in the last three months. Company insiders own 1.90% of the company’s stock.
Camden Property Trust Trading Up 0.5%
Camden Property Trust stock opened at $108.71 on Wednesday. The stock has a 50-day moving average price of $108.52 and a 200 day moving average price 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 has a 52 week low of $97.17 and a 52 week high of $126.55. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88.
Camden Property Trust (NYSE:CPT – Get Free Report) last issued its quarterly 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 during the quarter, compared to analyst estimates of $393.05 million. During the same quarter last year, the company posted $1.73 EPS. Camden Property Trust’s quarterly revenue was up 1.2% compared to the same quarter last year. 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. Sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.
Camden Property Trust Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be issued a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. 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 yield of 3.9%. Camden Property Trust’s dividend payout ratio is currently 118.64%.
Camden Property Trust announced that its Board of Directors has approved a share repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.
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.
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