Camden Property Trust (NYSE:CPT) Rating Increased to Hold at UBS Group

UBS Group upgraded shares of Camden Property Trust (NYSE:CPT) to a hold rating in a research report report published on Tuesday morning,Zacks reports.

CPT has been the topic of several other reports. Mizuho decreased their price target on shares of Camden Property Trust from $125.00 to $116.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 8th. JPMorgan Chase & Co. upped their price objective on shares of Camden Property Trust from $113.00 to $114.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Piper Sandler increased their price objective on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research note on Friday, July 31st. Finally, Truist Financial raised their target price on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $116.08.

Camden Property Trust Stock Performance

Shares of NYSE:CPT opened at $101.36 on Tuesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The firm has a market capitalization of $10.19 billion, a PE ratio of 33.56, a P/E/G ratio of 7.29 and a beta of 0.77. The business’s 50 day moving average price is $109.22 and its 200-day moving average price is $107.20.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm had revenue of $396.07 million during the quarter, compared to analysts’ expectations of $392.88 million. During the same quarter in the previous year, the business posted $1.70 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, equities research analysts expect that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be issued a $1.06 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. Camden Property Trust’s dividend payout ratio is currently 140.40%.

Hedge Funds Weigh In On Camden Property Trust

Institutional investors have recently bought and sold shares of the company. Centersquare Investment Management LLC grew its stake in shares of Camden Property Trust by 3.6% in the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock valued at $311,373,000 after buying an additional 98,130 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares during the period. Maverick Capital Ltd. lifted its holdings in Camden Property Trust by 1.6% in the first quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after acquiring an additional 30,076 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Camden Property Trust by 2.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock valued at $156,128,000 after acquiring an additional 37,456 shares during the last quarter. Finally, Norges Bank purchased a new position in Camden Property Trust in the fourth quarter worth approximately $154,587,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Company Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.