Laurie Baker Sells 531 Shares of Camden Property Trust (NYSE:CPT) Stock

Camden Property Trust (NYSE:CPTGet Free Report) COO Laurie Baker sold 531 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.79, for a total transaction of $58,298.49. Following the completion of the sale, the chief operating officer directly owned 96,786 shares in the company, valued at approximately $10,626,134.94. The trade was a 0.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Laurie Baker also recently made the following trade(s):

  • On Tuesday, January 6th, Laurie Baker sold 150 shares of Camden Property Trust stock. The stock was sold at an average price of $110.21, for a total value of $16,531.50.

Camden Property Trust Stock Performance

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

Camden Property Trust (NYSE:CPTGet Free Report) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.68 by $0.02. The firm had revenue of $398.24 million for 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%. The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company 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. Research analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

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. The ex-dividend date is Wednesday, December 17th. This represents a $4.20 annualized dividend and a yield of 3.9%. Camden Property Trust’s payout ratio is 170.04%.

Institutional Trading of Camden Property Trust

Several large investors have recently bought and sold shares of CPT. State Street Corp raised its stake in Camden Property Trust by 1.5% during the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after acquiring an additional 111,215 shares in the last quarter. Viking Global Investors LP grew its holdings in shares of Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after purchasing an additional 1,130,718 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Camden Property Trust by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock valued at $332,432,000 after purchasing an additional 51,357 shares during the last quarter. Centersquare Investment Management LLC increased its position in Camden Property Trust by 1.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Camden Property Trust by 5.0% in the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after purchasing an additional 119,401 shares during the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $105.00 target price on shares of Camden Property Trust in a research report on Monday, November 10th. Barclays set a $118.00 price objective on shares of Camden Property Trust and gave the company an “equal weight” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. raised shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price on the stock in a report on Thursday, December 18th. UBS Group cut their price target on 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. Finally, Royal Bank Of Canada lowered their price objective on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a research note on Monday, November 10th. Six investment 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. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $116.81.

Read Our Latest Report on CPT

Camden Property Trust Company Profile

(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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