Camden Property Trust (NYSE:CPT) CEO Sells $617,176.00 in Stock

Camden Property Trust (NYSE:CPTGet Free Report) CEO Richard Campo sold 5,600 shares of Camden Property Trust stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the completion of the sale, the chief executive officer owned 295,556 shares in the company, valued at approximately $32,573,226.76. This trade represents a 1.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Camden Property Trust Trading Down 1.2%

Shares of NYSE:CPT traded down $1.37 on Wednesday, hitting $108.94. The company had a trading volume of 940,640 shares, compared to its average volume of 1,134,098. The firm’s 50-day simple moving average is $104.93 and its two-hundred day simple moving average is $107.43. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $126.55. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $11.59 billion, a price-to-earnings ratio of 44.11, a P/E/G ratio of 3.58 and a beta of 0.81.

Camden Property Trust (NYSE:CPTGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. The company had revenue of $398.24 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm earned $1.71 earnings per share. 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. Equities analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 17th will be paid a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, December 17th. Camden Property Trust’s dividend payout ratio is presently 170.04%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of CPT. Highland Capital Management LLC grew its position in shares of Camden Property Trust by 17.3% during the second quarter. Highland Capital Management LLC now owns 24,767 shares of the real estate investment trust’s stock worth $2,791,000 after purchasing an additional 3,660 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Camden Property Trust by 1.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 16,789 shares of the real estate investment trust’s stock worth $1,897,000 after purchasing an additional 253 shares during the period. Fifth Third Bancorp grew its holdings in Camden Property Trust by 3.0% during the 2nd quarter. Fifth Third Bancorp now owns 5,331 shares of the real estate investment trust’s stock valued at $601,000 after buying an additional 154 shares in the last quarter. QRG Capital Management Inc. raised its position in shares of Camden Property Trust by 14.7% during the second quarter. QRG Capital Management Inc. now owns 22,169 shares of the real estate investment trust’s stock valued at $2,498,000 after buying an additional 2,849 shares during the last quarter. Finally, Long Pond Capital LP raised its position in shares of Camden Property Trust by 209.6% during the second quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust’s stock valued at $115,253,000 after buying an additional 692,412 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on CPT shares. Mizuho reduced their target price on shares of Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Evercore ISI dropped their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research note on Monday, November 3rd. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price for the company in a research note on Thursday, December 18th. Bank of America dropped their price target on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Finally, Barclays set a $118.00 price objective on Camden Property Trust and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Camden Property Trust presently has a consensus rating of “Hold” and a consensus price target of $116.81.

Read Our Latest Report on CPT

About Camden Property Trust

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Camden Property Trust (NYSE:CPT)

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