Metis Global Partners LLC Acquires 6,149 Shares of Camden Property Trust $CPT

Metis Global Partners LLC increased its holdings in Camden Property Trust (NYSE:CPT) by 28.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,674 shares of the real estate investment trust’s stock after purchasing an additional 6,149 shares during the period. Metis Global Partners LLC’s holdings in Camden Property Trust were worth $2,955,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CPT. Norges Bank bought a new stake in shares of Camden Property Trust in the 2nd quarter valued at approximately $160,217,000. Long Pond Capital LP boosted its stake in Camden Property Trust by 209.6% in the 2nd quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust’s stock valued at $115,253,000 after buying an additional 692,412 shares in the last quarter. Invesco Ltd. grew its position in Camden Property Trust by 34.5% in the second quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock valued at $267,645,000 after acquiring an additional 609,697 shares during the period. Jennison Associates LLC grew its position in Camden Property Trust by 87.3% in the second quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust’s stock valued at $114,236,000 after acquiring an additional 472,623 shares during the period. Finally, First Trust Advisors LP raised its stake in Camden Property Trust by 518.1% during the second quarter. First Trust Advisors LP now owns 380,294 shares of the real estate investment trust’s stock worth $42,855,000 after acquiring an additional 318,764 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

CPT has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Mizuho increased their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Bank of America reduced their price target on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Morgan Stanley decreased their price objective on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Finally, Stifel Nicolaus set a $118.50 price objective on shares of Camden Property Trust in a report on Friday, February 6th. Six analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $117.15.

Camden Property Trust Stock Up 1.0%

Shares of NYSE CPT opened at $108.50 on Friday. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $126.55. The firm’s 50-day simple moving average is $107.88 and its 200 day simple moving average is $106.39. The company has a quick ratio of 0.13, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The company has a market cap of $11.54 billion, a price-to-earnings ratio of 30.65, a price-to-earnings-growth ratio of 7.28 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The company had revenue of $396.08 million during the quarter, compared to analyst estimates of $393.05 million. During the same quarter in the previous year, the business posted $1.73 EPS. The company’s revenue was up 1.2% compared to the same quarter last year. 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. On average, research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 3.9%. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.64%.

Camden Property Trust declared that its Board of Directors has initiated a stock repurchase plan on Thursday, February 5th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Camden Property Trust

In other news, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $617,225.63. Following the completion of the sale, the chief financial officer directly owned 141,821 shares of the company’s stock, valued at approximately $15,556,345.49. This trade represents a 3.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Heather J. Brunner sold 2,104 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $230,787.76. Following the sale, the director owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. The trade was a 17.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 52,288 shares of company stock valued at $5,741,857 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

About Camden Property Trust

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.