Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Camden Property Trust (NYSE:CPT – Free Report) by 1,338.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 403,037 shares of the real estate investment trust’s stock after purchasing an additional 375,027 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned 0.40% of Camden Property Trust worth $38,986,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clark Wealth Partners increased its position in Camden Property Trust by 8,480.0% in the 3rd quarter. Clark Wealth Partners now owns 858 shares of the real estate investment trust’s stock valued at $83,000 after buying an additional 848 shares in the last quarter. IFP Advisors Inc boosted its holdings in Camden Property Trust by 80,855.8% in the third quarter. IFP Advisors Inc now owns 62,336 shares of the real estate investment trust’s stock worth $6,030,000 after acquiring an additional 62,259 shares in the last quarter. Dynamic Wealth Strategies LLC bought a new position in Camden Property Trust in the third quarter worth approximately $66,000. James T. Borello RIA boosted its holdings in Camden Property Trust by 76.3% in the third quarter. James T. Borello RIA now owns 409 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 177 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its stake in Camden Property Trust by 28.1% in the third quarter. V Square Quantitative Management LLC now owns 3,662 shares of the real estate investment trust’s stock valued at $354,000 after acquiring an additional 804 shares during the period. 97.22% of the stock is owned by institutional investors.
Camden Property Trust Trading Down 0.7%
CPT opened at $97.90 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 fifty-two week low of $95.30 and a fifty-two week high of $119.81. The firm has a market capitalization of $9.84 billion, a PE ratio of 32.42, a P/E/G ratio of 7.34 and a beta of 0.79. The company’s 50-day moving average is $102.43 and its 200 day moving average is $106.53.
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its quarterly 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). The company had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.70 EPS. 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, research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.
Camden Property Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were issued a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 140.40%.
Analyst Upgrades and Downgrades
CPT has been the subject of several recent research reports. Wells Fargo & Company decreased their price objective on Camden Property Trust from $110.00 to $103.00 and set an “equal weight” rating for the company in a report on Monday. Royal Bank Of Canada lowered their target price on Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $114.00 target price on shares of Camden Property Trust in a report on Monday, July 20th. Truist Financial cut their target price on Camden Property Trust from $123.00 to $108.00 and set a “buy” rating on the stock in a report on Friday, September 25th. Finally, Barclays reduced their price target on shares of Camden Property Trust from $123.00 to $114.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 14th. Three analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $111.62.
About Camden Property Trust
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.
Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.
Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.
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