Metis Global Partners LLC Has $2.96 Million Holdings in Camden Property Trust $CPT

Metis Global Partners LLC increased its holdings in Camden Property Trust (NYSE:CPTFree Report) by 28.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,674 shares of the real estate investment trust’s stock after purchasing an additional 6,149 shares during the period. Metis Global Partners LLC’s holdings in Camden Property Trust were worth $2,955,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CPT. Abich Financial Wealth Management LLC acquired a new stake in shares of Camden Property Trust in the third quarter worth about $25,000. Quent Capital LLC acquired a new position in shares of Camden Property Trust during the 3rd quarter valued at about $29,000. Loomis Sayles & Co. L P bought a new position in shares of Camden Property Trust in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. lifted its holdings 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 last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust during the second quarter worth approximately $32,000. 97.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CPT. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, January 21st. Royal Bank Of Canada decreased their price objective on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a report on Tuesday. Morgan Stanley dropped their target price on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price for the company in a research report on Thursday, December 18th. Finally, Truist Financial upped their price target on shares of Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $117.15.

Check Out Our Latest Report on Camden Property Trust

Insider Transactions at Camden Property Trust

In other Camden Property Trust news, Director Heather J. Brunner sold 2,104 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $230,787.76. Following the completion of the sale, the director owned 10,205 shares in the company, valued at approximately $1,119,386.45. This trade represents a 17.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $617,225.63. Following the sale, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. The trade was a 3.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 52,288 shares of company stock worth $5,741,857. Insiders own 1.80% of the company’s stock.

Camden Property Trust Trading Up 1.0%

Shares of CPT stock opened at $108.50 on Friday. The firm has a market capitalization of $11.54 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 7.28 and a beta of 0.82. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $126.55. The firm’s fifty day simple moving average is $107.88 and its 200 day simple moving average is $106.39. The company has a current ratio of 0.14, a quick ratio of 0.13 and a debt-to-equity ratio of 0.88.

Camden Property Trust (NYSE:CPTGet Free Report) last posted its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The company had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.73 earnings per share. 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, sell-side analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The company also recently declared 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. 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%. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s dividend payout ratio is presently 118.64%.

Camden Property Trust declared that its Board of Directors has initiated a share repurchase plan on Thursday, February 5th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

About Camden Property Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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