Illinois Municipal Retirement Fund Sells 14,045 Shares of Camden Property Trust $CPT

Illinois Municipal Retirement Fund trimmed its position in shares of Camden Property Trust (NYSE:CPT) by 69.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,201 shares of the real estate investment trust’s stock after selling 14,045 shares during the period. Illinois Municipal Retirement Fund’s holdings in Camden Property Trust were worth $662,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CPT. Quent Capital LLC purchased a new position in shares of Camden Property Trust during the third quarter valued at approximately $29,000. Hantz Financial Services Inc. lifted its stake in shares of Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 236 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in Camden Property Trust during the 2nd quarter valued at $32,000. CYBER HORNET ETFs LLC purchased a new position in Camden Property Trust during the 2nd quarter valued at $32,000. Finally, True Wealth Design LLC grew its position in Camden Property Trust by 234.4% in the 3rd quarter. True Wealth Design LLC now owns 321 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 225 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO Laurie Baker sold 2,168 shares of Camden Property Trust stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total value of $235,011.20. Following the transaction, the chief operating officer owned 94,468 shares of the company’s stock, valued at $10,240,331.20. The trade was a 2.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. This trade represents a 17.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 54,625 shares of company stock valued at $5,995,193 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

Camden Property Trust Stock Performance

Shares of CPT stock opened at $108.54 on Friday. The firm has a market cap of $11.22 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 7.28 and a beta of 0.82. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $126.55. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average is $108.32 and its 200 day moving average is $106.38.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The company had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. During the same quarter in the prior year, the company earned $1.73 EPS. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. On average, sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust announced that its board has authorized a share buyback program on Thursday, February 5th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Camden Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a dividend yield of 3.9%. Camden Property Trust’s payout ratio is currently 118.64%.

Analyst Ratings Changes

Several analysts have recently weighed in on CPT shares. Evercore decreased their target price on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Scotiabank lowered their price objective on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a research report on Tuesday, November 4th. Bank of America reduced their target price on shares of 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, Piper Sandler set a $108.00 price target on shares of Camden Property Trust in a research note on Tuesday, January 27th. Six investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.15.

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.