Camden Property Trust $CPT is Hazelview Securities Inc.’s 7th Largest Position

Hazelview Securities Inc. raised its stake in shares of Camden Property Trust (NYSE:CPT) by 7.6% in the second quarter, HoldingsChannel reports. The institutional investor owned 232,317 shares of the real estate investment trust’s stock after purchasing an additional 16,377 shares during the period. Camden Property Trust accounts for about 4.7% of Hazelview Securities Inc.’s holdings, making the stock its 7th biggest position. Hazelview Securities Inc.’s holdings in Camden Property Trust were worth $26,324,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Holocene Advisors LP boosted its position in Camden Property Trust by 11.4% during the second quarter. Holocene Advisors LP now owns 43,064 shares of the real estate investment trust’s stock valued at $4,853,000 after purchasing an additional 4,416 shares during the last quarter. Brevan Howard Capital Management LP raised its stake in shares of Camden Property Trust by 122.6% during the 2nd quarter. Brevan Howard Capital Management LP now owns 33,531 shares of the real estate investment trust’s stock worth $3,779,000 after purchasing an additional 18,469 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Camden Property Trust during the 2nd quarter valued at about $24,472,000. AQR Capital Management LLC lifted its holdings in shares of Camden Property Trust by 379.4% during the 2nd quarter. AQR Capital Management LLC now owns 315,526 shares of the real estate investment trust’s stock valued at $35,557,000 after buying an additional 249,705 shares during the last quarter. Finally, California State Teachers Retirement System grew its stake in shares of Camden Property Trust by 15.8% in the 2nd quarter. California State Teachers Retirement System now owns 179,622 shares of the real estate investment trust’s stock valued at $20,242,000 after buying an additional 24,533 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CPT has been the topic of several recent research reports. Royal Bank Of Canada cut their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research report on Monday, November 10th. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, October 8th. UBS Group reduced their price objective on shares of Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Piper Sandler decreased their price objective on shares of Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating for the company in a report on Monday, November 10th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $105.00 target price on shares of Camden Property Trust in a report on Monday, November 10th. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.99.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $104.18 on Friday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $103.01 and a 200-day simple moving average of $108.51. The stock has a market capitalization of $11.08 billion, a price-to-earnings ratio of 42.18, a PEG ratio of 3.46 and a beta of 0.82. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. The business had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. Camden Property Trust’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the business posted $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. On average, sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 17th will be given a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, December 17th. Camden Property Trust’s payout ratio is currently 170.04%.

Camden Property Trust Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.