Wellington Management Group LLP Sells 92,670 Shares of Camden Property Trust $CPT

Wellington Management Group LLP cut its holdings in shares of Camden Property Trust (NYSE:CPT) by 16.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 466,631 shares of the real estate investment trust’s stock after selling 92,670 shares during the quarter. Wellington Management Group LLP’s holdings in Camden Property Trust were worth $53,425,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CPT. Clearstead Advisors LLC boosted its stake in shares of Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust in the 2nd quarter worth $32,000. Fulcrum Asset Management LLP bought a new stake in Camden Property Trust in the third quarter worth $32,000. MUFG Securities EMEA plc purchased a new stake in Camden Property Trust during the second quarter valued at about $35,000. Finally, Summit Securities Group LLC grew its stake in shares of Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 268 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Price Performance

CPT stock opened at $105.51 on Friday. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market capitalization of $10.61 billion, a price-to-earnings ratio of 34.94, a PEG ratio of 7.48 and a beta of 0.77. The firm has a 50 day moving average price of $111.47 and a 200-day moving average price of $107.50.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. During the same period last year, the firm posted $1.70 earnings per share. The company’s revenue was up 7.4% compared to the same quarter last year. 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. Equities research analysts forecast that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid 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 (DPR) is currently 140.40%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CPT shares. Cantor Fitzgerald lifted their price objective on Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Weiss Ratings upgraded Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $114.00 price target on shares of Camden Property Trust in a research note on Monday, July 20th. Wells Fargo & Company lowered their price objective on Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Truist Financial increased their target price on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Three equities research 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.com, the company currently has an average rating of “Hold” and a consensus target price of $116.08.

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.