Rockefeller Capital Management L.P. Sells 320,041 Shares of Camden Property Trust $CPT

Rockefeller Capital Management L.P. cut its position in Camden Property Trust (NYSE:CPT) by 87.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 45,428 shares of the real estate investment trust’s stock after selling 320,041 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Camden Property Trust were worth $5,001,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Waterfall Asset Management LLC purchased a new stake in Camden Property Trust in the 3rd quarter worth $3,257,000. American Century Companies Inc. lifted its position in shares of Camden Property Trust by 21.2% in the third quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after acquiring an additional 34,204 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Camden Property Trust by 4.2% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock worth $31,388,000 after acquiring an additional 11,809 shares during the period. New Age Alpha Advisors LLC bought a new position in shares of Camden Property Trust in the third quarter worth about $2,345,000. Finally, Teacher Retirement System of Texas grew its position in shares of Camden Property Trust by 517.9% during the fourth quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock worth $29,485,000 after purchasing an additional 224,501 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CPT. UBS Group decreased their target price on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Morgan Stanley increased their price objective on shares of Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday. Barclays lifted their price objective on shares of Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Finally, Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $114.67.

Camden Property Trust Stock Performance

Shares of NYSE:CPT opened at $116.27 on Friday. The firm has a fifty day simple moving average of $107.50 and a two-hundred day simple moving average of $106.31. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $116.59. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $11.69 billion, a P/E ratio of 32.48, a PEG ratio of 8.58 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The firm had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period in the prior year, the company earned $1.72 EPS. The business’s revenue was down .5% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. On average, analysts expect that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be given a dividend of $1.06 per share. The ex-dividend date is Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a yield of 3.6%. Camden Property Trust’s dividend payout ratio is 118.44%.

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.