Camden Property Trust $CPT Position Trimmed by Andra AP fonden

Andra AP fonden trimmed its stake in shares of Camden Property Trust (NYSE:CPT) by 41.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,000 shares of the real estate investment trust’s stock after selling 28,900 shares during the period. Andra AP fonden’s holdings in Camden Property Trust were worth $4,271,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State Street Corp increased its holdings in shares of Camden Property Trust by 2.0% in the 2nd quarter. State Street Corp now owns 7,452,448 shares of the real estate investment trust’s stock valued at $847,524,000 after purchasing an additional 147,684 shares during the period. Geode Capital Management LLC lifted its position in shares of Camden Property Trust by 1.8% during 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 purchasing an additional 51,357 shares during the last quarter. Centersquare Investment Management LLC raised its stake in 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 purchasing an additional 38,897 shares during the last quarter. Invesco Ltd. raised its holdings 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 in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings 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 buying an additional 5,846 shares during the period. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CPT. Barclays boosted their target price on shares of Camden Property Trust from $118.00 to $119.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Bank of America lowered their price target on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Truist Financial raised their price target on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Evercore cut their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a report on Monday, November 3rd. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.15.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, Director Heather J. Brunner sold 2,104 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director directly owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. The trade was a 17.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard J. Campo sold 5,600 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total value of $617,176.00. Following the completion of the sale, the chief executive officer owned 295,556 shares in the company, valued at $32,573,226.76. The trade was a 1.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 54,625 shares of company stock worth $5,995,193. Company insiders own 1.80% of the company’s stock.

Camden Property Trust Trading Down 1.7%

Shares of Camden Property Trust stock opened at $108.35 on Friday. The firm’s 50-day moving average price is $108.61 and its two-hundred day moving average price is $106.50. The company has a market capitalization of $11.20 billion, a price-to-earnings ratio of 30.61, a PEG ratio of 7.44 and a beta of 0.82. Camden Property Trust has a 12-month low of $97.17 and a 12-month 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) last posted its quarterly earnings results 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 business had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. During the same period last year, the firm posted $1.73 EPS. Camden Property Trust’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. On average, analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be given 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 3.9%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio is 118.64%.

Camden Property Trust announced that its Board of Directors has approved a share buyback plan on Thursday, February 5th that permits the company to repurchase $600.00 million in 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 typically a sign that the company’s board believes its stock is 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.