Groupama Asset Managment Cuts Stake in Camden Property Trust $CPT

Groupama Asset Managment reduced its holdings in shares of Camden Property Trust (NYSE:CPT) by 77.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,704 shares of the real estate investment trust’s stock after selling 12,534 shares during the period. Groupama Asset Managment’s holdings in Camden Property Trust were worth $396,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new position in shares of Camden Property Trust during the 3rd quarter valued at $29,000. Loomis Sayles & Co. L P purchased a new position in Camden Property Trust in the 2nd quarter worth $32,000. Hantz Financial Services Inc. raised its position in Camden Property Trust by 524.4% in the 3rd 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 period. Finally, CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust in the second quarter worth $32,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Stock Down 2.4%

CPT stock opened at $97.27 on Friday. Camden Property Trust has a fifty-two week low of $96.71 and a fifty-two week high of $124.32. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 27.48, a price-to-earnings-growth ratio of 6.63 and a beta of 0.82. The business’s 50 day moving average price is $106.86 and its two-hundred day moving average price is $105.95. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14.

Camden Property Trust (NYSE:CPT) last released its 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 net margin of 24.43% and a return on equity of 8.36%. The firm had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. During the same quarter in the previous year, the business earned $1.73 EPS. The company’s revenue for the quarter 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. As a group, 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. Stockholders of record on Tuesday, March 31st will be given a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.4%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s payout ratio is currently 119.77%.

Camden Property Trust announced that its board has authorized a stock repurchase program on Thursday, February 5th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Mizuho raised their price objective 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. Morgan Stanley lowered their target price on Camden Property Trust from $123.00 to $119.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Truist Financial increased their target price on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. upgraded Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target on the stock in a research report on Thursday, December 18th. Finally, UBS Group lifted their price target on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Five 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 MarketBeat.com, Camden Property Trust has an average rating of “Hold” and a consensus price target of $115.16.

Insider Buying and Selling at Camden Property Trust

In related news, CFO Alexander J. Jessett sold 5,627 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $617,225.63. Following the completion of the transaction, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. This trade represents a 3.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Richard J. Campo sold 5,600 shares of Camden Property Trust stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the transaction, the chief executive officer directly owned 295,556 shares of the company’s stock, valued at approximately $32,573,226.76. This trade represents a 1.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 54,625 shares of company stock valued at $5,995,193 over the last 90 days. 1.80% of the stock is owned by corporate insiders.

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.