Citigroup Inc. Sells 33,730 Shares of Camden Property Trust $CPT

Citigroup Inc. decreased its holdings in shares of Camden Property Trust (NYSE:CPT) by 12.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232,209 shares of the real estate investment trust’s stock after selling 33,730 shares during the quarter. Citigroup Inc. owned about 0.22% of Camden Property Trust worth $24,795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of CPT. Abich Financial Wealth Management LLC bought a new position in shares of Camden Property Trust in the third quarter worth approximately $25,000. Quent Capital LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter valued at about $29,000. Hantz Financial Services Inc. grew its holdings in shares of Camden Property Trust by 524.4% in the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 236 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Camden Property Trust in the second quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Camden Property Trust during the second quarter valued at approximately $32,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of CPT opened at $108.87 on Thursday. The business has a 50-day simple moving average of $108.54 and a two-hundred day simple moving average of $106.43. 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 has a 52 week low of $97.17 and a 52 week high of $126.55. The stock has a market cap of $11.26 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 7.47 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data 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). 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 the consensus estimate of $393.05 million. During the same quarter last year, the firm posted $1.73 earnings per share. The company’s 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. On average, analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust announced that its board has initiated a share buyback program 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 programs are often an indication that the company’s board of directors believes its stock is undervalued.

Camden Property Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be paid a dividend of $1.06 per share. 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 118.64%.

Insider Activity at Camden Property Trust

In other news, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the completion of the transaction, the chief executive officer owned 301,156 shares in the company, valued at $33,060,905.68. This trade represents a 11.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Laurie Baker sold 2,168 shares of Camden Property Trust 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 completion of the sale, the chief operating officer directly owned 94,468 shares in the company, valued at $10,240,331.20. This trade represents a 2.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 54,625 shares of company stock valued at $5,995,193. Insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

CPT has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. Wall Street Zen raised Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Mizuho increased their price target on Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Evercore reduced 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. Finally, UBS Group increased their target price on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Six equities research 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. According to data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and an average price target of $117.15.

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.