Boston Trust Walden Corp Purchases 22,635 Shares of Camden Property Trust $CPT

Boston Trust Walden Corp grew its position in shares of Camden Property Trust (NYSE:CPT) by 7.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 317,477 shares of the real estate investment trust’s stock after buying an additional 22,635 shares during the quarter. Boston Trust Walden Corp’s holdings in Camden Property Trust were worth $35,776,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Centersquare Investment Management LLC lifted its position in shares of Camden Property Trust by 3.6% during the 1st quarter. Centersquare Investment Management LLC now owns 2,614,150 shares of the real estate investment trust’s stock worth $319,711,000 after buying an additional 91,752 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Camden Property Trust by 9.2% in the 1st quarter. Wellington Management Group LLP now owns 2,271,077 shares of the real estate investment trust’s stock worth $277,753,000 after purchasing an additional 192,133 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Camden Property Trust by 17.2% in the 1st quarter. JPMorgan Chase & Co. now owns 1,863,792 shares of the real estate investment trust’s stock worth $227,942,000 after purchasing an additional 273,966 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Camden Property Trust by 1.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,538,038 shares of the real estate investment trust’s stock worth $188,102,000 after purchasing an additional 23,488 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Camden Property Trust by 2.3% in the 1st quarter. Northern Trust Corp now owns 1,452,031 shares of the real estate investment trust’s stock worth $177,583,000 after purchasing an additional 31,955 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Wells Fargo & Company lowered their price target on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating on the stock in a report on Monday. Cantor Fitzgerald assumed coverage on shares of Camden Property Trust in a report on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 price target on the stock. Piper Sandler lowered their price target on shares of Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. UBS Group lowered their price target on shares of Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a report on Tuesday, July 15th. Finally, Citigroup lowered their price target on shares of Camden Property Trust from $138.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust presently has a consensus rating of “Hold” and a consensus target price of $121.61.

Camden Property Trust Trading Up 0.4%

Shares of CPT stock opened at $102.17 on Wednesday. The company’s fifty day simple moving average is $107.20 and its two-hundred day simple moving average is $111.98. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a 1 year low of $100.60 and a 1 year high of $127.65. The stock has a market capitalization of $10.92 billion, a price-to-earnings ratio of 71.45, a PEG ratio of 3.45 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $396.51 million for the quarter, compared to analysts’ expectations of $393.24 million. During the same quarter in the previous year, the firm posted $1.71 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. As a group, analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Tuesday, September 30th. Camden Property Trust’s payout ratio is 293.71%.

Camden Property Trust Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.