Camden Property Trust $CPT Stock Position Boosted by NovaPoint Capital LLC

NovaPoint Capital LLC lifted its holdings in Camden Property Trust (NYSE:CPT) by 197.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 11,411 shares of the real estate investment trust’s stock after buying an additional 7,578 shares during the quarter. NovaPoint Capital LLC’s holdings in Camden Property Trust were worth $1,104,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Maverick Capital Ltd. increased its stake 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 purchasing an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Camden Property Trust by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after buying an additional 37,456 shares in the last quarter. Jennison Associates LLC lifted its stake in 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 valued at $117,861,000 after buying an additional 603,997 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Camden Property Trust by 945.3% in the third quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock valued at $59,669,000 after buying an additional 557,850 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in shares of Camden Property Trust by 3.4% in the fourth quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after buying an additional 17,270 shares during the period. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Stock Down 0.7%

NYSE:CPT traded down $0.69 on Friday, hitting $102.05. 1,018,188 shares of the company’s stock were exchanged, compared to its average volume of 1,015,581. The firm has a 50-day moving average price of $101.77 and a 200-day moving average price of $106.52. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a 52 week low of $95.30 and a 52 week high of $119.81. The company has a market cap of $10.26 billion, a P/E ratio of 33.79, a price-to-earnings-growth ratio of 7.65 and a beta of 0.79.

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 for the quarter, missing the consensus estimate of $1.67 by ($1.49). The company had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. Camden Property Trust’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, analysts expect that Camden Property Trust will post 6.75 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were given a dividend of $1.06 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 annualized dividend and a yield of 4.2%. Camden Property Trust’s dividend payout ratio is 140.40%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CPT. Wells Fargo & Company lowered their price objective on shares of Camden Property Trust from $110.00 to $103.00 and set an “equal weight” rating for the company in a research report on Monday. UBS Group lowered their target price on Camden Property Trust from $105.00 to $101.00 and set a “neutral” rating for the company in a report on Wednesday, October 14th. Stifel Nicolaus set a $123.25 price target on Camden Property Trust in a research note on Friday, July 31st. Wall Street Zen lowered Camden Property Trust from a “sell” rating to a “strong sell” rating in a report on Saturday, October 17th. Finally, Truist Financial cut their price target on Camden Property Trust from $123.00 to $108.00 and set a “buy” rating on the stock in a report on Friday, September 25th. Three analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.62.

Camden Property Trust Company Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.

Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.

Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.