Oak Thistle LLC raised its holdings in Camden Property Trust (NYSE:CPT – Free Report) by 34.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,522 shares of the real estate investment trust’s stock after purchasing an additional 5,724 shares during the quarter. Oak Thistle LLC’s holdings in Camden Property Trust were worth $2,479,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in Camden Property Trust in the third quarter valued at $25,000. Quent Capital LLC purchased a new stake in Camden Property Trust in the third quarter valued at $29,000. Hantz Financial Services Inc. raised its position in Camden Property Trust by 524.4% in the third quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 236 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Camden Property Trust in the 2nd quarter valued at $32,000. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Camden Property Trust in the 3rd quarter valued at $32,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on CPT shares. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley cut their price objective on Camden Property Trust from $123.00 to $119.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. Scotiabank cut their price objective on Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. Truist Financial boosted their target price on Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Barclays lowered their target price on Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $115.16.
Camden Property Trust Trading Down 0.3%
NYSE:CPT opened at $100.77 on Wednesday. The stock has a 50-day simple moving average of $104.61 and a 200-day simple moving average of $105.05. The stock has a market cap of $10.55 billion, a P/E ratio of 28.47, a P/E/G ratio of 6.86 and a beta of 0.83. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $121.33. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14.
Camden Property Trust (NYSE:CPT – Get Free Report) last released its quarterly earnings data 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 business had revenue of $396.08 million for 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 company’s revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the company posted $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, analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.
Camden Property Trust Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be given a $1.06 dividend. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. Camden Property Trust’s payout ratio is currently 119.77%.
Camden Property Trust announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.
Insider Activity
In related news, COO Laurie Baker sold 2,168 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total value of $235,011.20. Following the completion of the sale, the chief operating officer directly owned 94,468 shares of the company’s stock, valued at $10,240,331.20. This represents a 2.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.80% of the stock is currently owned by company insiders.
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.
See Also
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