Public Employees Retirement System of Ohio Acquires Shares of 143,204 Camden Property Trust $CPT

Public Employees Retirement System of Ohio purchased a new position in shares of Camden Property Trust (NYSE:CPT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 143,204 shares of the real estate investment trust’s stock, valued at approximately $16,395,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ancora Advisors LLC raised its holdings in shares of Camden Property Trust by 281.1% in the second quarter. Ancora Advisors LLC now owns 52,595 shares of the real estate investment trust’s stock worth $558,000 after buying an additional 38,795 shares during the period. Jennison Associates LLC boosted its holdings in Camden Property Trust by 100.2% during the 1st quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after acquiring an additional 603,997 shares during the period. M&T Bank Corp grew its position in Camden Property Trust by 120.5% in the 4th quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock valued at $2,100,000 after acquiring an additional 10,420 shares during the last quarter. CORDA Investment Management LLC. grew its position in Camden Property Trust by 90.8% in the 1st quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock valued at $41,692,000 after acquiring an additional 203,131 shares during the last quarter. Finally, Empyrean Capital Partners LP purchased a new stake in Camden Property Trust in the first quarter worth $9,180,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CPT. Mizuho lifted their target price on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Royal Bank Of Canada raised their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Cantor Fitzgerald raised their price target on shares of Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Finally, Evercore set a $114.00 price objective on shares of Camden Property Trust in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $116.27.

Camden Property Trust Price Performance

Shares of CPT stock opened at $106.34 on Friday. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81. The stock has a market capitalization of $10.69 billion, a price-to-earnings ratio of 35.21, a P/E/G ratio of 7.54 and a beta of 0.77. The stock has a fifty day simple moving average of $111.90 and a two-hundred day simple moving average of $107.61. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25.

Camden Property Trust (NYSE:CPT) last posted its quarterly 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 for the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.Camden Property Trust’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 EPS. 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. On average, analysts predict that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

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

Camden Property Trust Company 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.