Camden Property Trust $CPT Shares Bought by Davis Selected Advisers

Davis Selected Advisers lifted its position in shares of Camden Property Trust (NYSE:CPTFree Report) by 13.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 89,120 shares of the real estate investment trust’s stock after buying an additional 10,470 shares during the quarter. Davis Selected Advisers’ holdings in Camden Property Trust were worth $9,516,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in Camden Property Trust during the third quarter worth approximately $25,000. Quent Capital LLC acquired a new position in Camden Property Trust in the 3rd quarter valued at $29,000. Loomis Sayles & Co. L P acquired a new position in Camden Property Trust in the 2nd quarter valued at $32,000. 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 purchasing an additional 236 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust during the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Price Performance

Shares of Camden Property Trust stock opened at $100.39 on Thursday. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $124.32. The stock has a market capitalization of $10.38 billion, a P/E ratio of 28.36, a PEG ratio of 6.93 and a beta of 0.82. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88. The business’s fifty day moving average price is $107.33 and its 200 day moving average price is $106.12.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.29). The firm had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.73 earnings per share. 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. As a group, research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 5th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be given a dividend of $1.06 per share. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 4.2%. Camden Property Trust’s dividend payout ratio is currently 119.77%.

Insider Buying and Selling at Camden Property Trust

In other Camden Property Trust news, CEO Richard J. Campo sold 38,021 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the transaction, the chief executive officer directly owned 301,156 shares of the company’s stock, valued at $33,060,905.68. The trade was a 11.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Laurie Baker sold 2,168 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the sale, the chief operating officer owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This represents a 2.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 54,625 shares of company stock worth $5,995,193. 1.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CPT shares. Wells Fargo & Company lowered their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 price target on the stock in a research note on Thursday, December 18th. Scotiabank lowered their price target on Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Finally, Mizuho upped their price objective on shares of Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Five 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $115.16.

Get Our Latest Research Report on Camden Property Trust

Camden Property Trust Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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