Mitsubishi UFJ Asset Management Co. Ltd. Sells 91,667 Shares of Camden Property Trust $CPT

Mitsubishi UFJ Asset Management Co. Ltd. reduced its position in Camden Property Trust (NYSE:CPTFree Report) by 31.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,283 shares of the real estate investment trust’s stock after selling 91,667 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Camden Property Trust were worth $22,286,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp raised its holdings in Camden Property Trust by 1.5% in 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 purchasing an additional 111,215 shares in the last quarter. Viking Global Investors LP boosted its position in Camden Property Trust by 41.6% in the third 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 buying an additional 1,130,718 shares during the last quarter. Centersquare Investment Management LLC boosted its position in Camden Property Trust by 1.4% in the third quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after buying an additional 38,897 shares during the last quarter. Invesco Ltd. boosted its position in Camden Property Trust by 5.0% in the third quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after buying an additional 119,401 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Camden Property Trust by 22.2% in the 3rd quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust’s stock worth $185,564,000 after purchasing an additional 315,244 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on CPT shares. Cantor Fitzgerald lowered their price objective on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Wells Fargo & Company reduced their price objective on Camden Property Trust from $110.00 to $106.00 and set an “equal weight” rating for the company in a research note on Thursday, April 23rd. Morgan Stanley reduced their price objective on Camden Property Trust from $123.00 to $119.00 and set an “equal weight” rating for the company in a research note on Monday, March 16th. Barclays dropped their target price on Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating for the company in a report on Friday, March 6th. Finally, Mizuho increased their price target on Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $114.30.

Check Out Our Latest Research Report on Camden Property Trust

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $103.79 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.14. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 28.99, a price-to-earnings-growth ratio of 7.06 and a beta of 0.81. The business has a 50-day moving average of $102.47 and a 200 day moving average of $104.84. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.89.

Camden Property Trust (NYSE:CPTGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The company had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.Camden Property Trust’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.72 EPS. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, sell-side analysts forecast that Camden Property Trust will post 6.74 earnings per share for the current year.

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

Insider Buying and Selling at Camden Property Trust

In other news, COO Laurie Baker sold 2,168 shares of the firm’s stock in a transaction dated 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 trade represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.90% of the company’s stock.

About Camden Property Trust

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

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