Ancora Advisors LLC Acquires 38,795 Shares of Camden Property Trust $CPT

Ancora Advisors LLC raised its holdings in shares of Camden Property Trust (NYSE:CPT) by 281.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,595 shares of the real estate investment trust’s stock after buying an additional 38,795 shares during the period. Ancora Advisors LLC’s holdings in Camden Property Trust were worth $558,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Capital Square LLC purchased a new position in Camden Property Trust during the 2nd quarter valued at about $609,000. Trust Co. of Vermont bought a new position in shares of Camden Property Trust during the second quarter valued at approximately $126,000. Tema ETFs LLC increased its holdings in Camden Property Trust by 21.7% during the second quarter. Tema ETFs LLC now owns 1,949 shares of the real estate investment trust’s stock valued at $223,000 after buying an additional 348 shares during the period. Handelsbanken Fonder AB raised its stake in Camden Property Trust by 10.0% in the second quarter. Handelsbanken Fonder AB now owns 30,900 shares of the real estate investment trust’s stock worth $3,538,000 after buying an additional 2,800 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC boosted its position in Camden Property Trust by 19.3% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 6,529 shares of the real estate investment trust’s stock valued at $748,000 after acquiring an additional 1,058 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Stock Up 0.5%

Shares of NYSE:CPT opened at $106.34 on Friday. The firm’s 50 day moving average price is $111.90 and its 200 day moving average price is $107.61. The stock has a market cap of $10.69 billion, a price-to-earnings ratio of 35.21, a price-to-earnings-growth ratio of 7.50 and a beta of 0.77. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.25.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, equities research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were given a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.24 annualized dividend and a yield of 4.0%. Camden Property Trust’s dividend payout ratio is 140.40%.

Analyst Ratings Changes

CPT has been the subject of several recent research reports. Cantor Fitzgerald raised their target price on shares of Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Wells Fargo & Company increased their price target on Camden Property Trust from $107.00 to $113.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 22nd. Morgan Stanley dropped their price objective on Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Royal Bank Of Canada boosted their price objective on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Finally, Mizuho upped their target price on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Camden Property Trust has an average rating of “Hold” and a consensus price target of $116.27.

About Camden Property Trust

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.