Squarepoint Ops LLC Has $12.29 Million Position in Camden Property Trust $CPT

Squarepoint Ops LLC increased its holdings in shares of Camden Property Trust (NYSE:CPT) by 3,804.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 107,327 shares of the real estate investment trust’s stock after buying an additional 104,578 shares during the period. Squarepoint Ops LLC owned about 0.11% of Camden Property Trust worth $12,288,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CPT. Jennison Associates LLC grew its stake in shares of Camden Property Trust by 100.2% in the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after purchasing an additional 603,997 shares during the last quarter. CORDA Investment Management LLC. raised its position in Camden Property Trust by 90.8% during the 1st quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock worth $41,692,000 after purchasing an additional 203,131 shares during the last quarter. Empyrean Capital Partners LP bought a new position in Camden Property Trust during the 1st quarter worth $9,180,000. Cbre Investment Management Listed Real Assets LLC lifted its holdings in Camden Property Trust by 32.4% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 269,117 shares of the real estate investment trust’s stock worth $29,624,000 after buying an additional 65,919 shares during the period. Finally, Maverick Capital Ltd. lifted its holdings in Camden Property Trust by 1.6% during the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock worth $182,416,000 after buying an additional 30,076 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CPT has been the subject of several recent research reports. UBS Group decreased their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $114.00 price objective on shares of Camden Property Trust in a research note on Monday, July 20th. Evercore set a $114.00 target price on Camden Property Trust in a report on Friday, August 7th. Barclays increased their target price on shares of Camden Property Trust from $122.00 to $123.00 and gave the company an “equal weight” rating in a research report on Monday, August 17th. Finally, Wells Fargo & Company lowered their price target on shares of Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and an average target price of $115.52.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $104.20 on Thursday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The business has a 50-day moving average price of $110.61 and a two-hundred day moving average price of $107.41. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81. The company has a market cap of $10.48 billion, a P/E ratio of 34.50, a PEG ratio of 7.42 and a beta of 0.77.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data 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). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. During the same period in the prior year, the firm earned $1.70 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Camden Property Trust will post 6.75 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $1.06 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.24 annualized dividend and a yield of 4.1%. Camden Property Trust’s payout ratio is 140.40%.

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.