Camden Property Trust $CPT Stock: State of Alaska Department of Revenue Grows Position

State of Alaska Department of Revenue lifted its position in Camden Property Trust (NYSE:CPT) by 945.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 616,861 shares of the real estate investment trust’s stock after acquiring an additional 557,850 shares during the period. Camden Property Trust accounts for 0.6% of State of Alaska Department of Revenue’s holdings, making the stock its 25th largest position. State of Alaska Department of Revenue’s holdings in Camden Property Trust were worth $59,669,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Maverick Capital Ltd. raised its stake in Camden Property Trust by 1.6% in the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after purchasing an additional 30,076 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Camden Property Trust by 2.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock worth $156,128,000 after buying an additional 37,456 shares in the last quarter. Jennison Associates LLC raised its position in shares of Camden Property Trust by 100.2% in the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after buying an additional 603,997 shares during the last quarter. Hsbc Holdings PLC raised its position in shares of Camden Property Trust by 3.4% in the fourth quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after buying an additional 17,270 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of Camden Property Trust by 49.7% in the first quarter. Renaissance Technologies LLC now owns 466,800 shares of the real estate investment trust’s stock valued at $45,588,000 after buying an additional 154,900 shares during the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Morgan Stanley decreased their price target on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 12th. Cantor Fitzgerald upped their price objective on shares of Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Truist Financial cut their price objective on shares of Camden Property Trust from $123.00 to $108.00 and set a “buy” rating for the company in a report on Friday, September 25th. Evercore set a $110.00 price objective on shares of Camden Property Trust in a report on Monday, September 21st. Finally, Royal Bank Of Canada decreased their target price on shares of Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $112.08.

Camden Property Trust Trading Up 1.2%

NYSE CPT traded up $1.21 on Thursday, reaching $98.45. 221,650 shares of the company were exchanged, compared to its average volume of 1,133,120. The business’s fifty day moving average price is $103.17 and its 200 day moving average price is $106.51. The stock has a market capitalization of $9.90 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 7.29 and a beta of 0.79. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. Camden Property Trust has a fifty-two week low of $95.30 and a fifty-two week high of $119.81.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company 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 company earned $1.70 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. 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. Analysts forecast that Camden Property Trust will post 6.75 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, October 16th. Stockholders of record on Wednesday, September 30th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $4.24 annualized dividend and a dividend yield of 4.3%. Camden Property Trust’s payout ratio is presently 140.40%.

Camden Property Trust Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.