Jennison Associates LLC Acquires 603,997 Shares of Camden Property Trust $CPT

Jennison Associates LLC raised its holdings in Camden Property Trust (NYSE:CPT) by 100.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,206,854 shares of the real estate investment trust’s stock after acquiring an additional 603,997 shares during the quarter. Jennison Associates LLC’s holdings in Camden Property Trust were worth $117,861,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CPT. Clearstead Advisors LLC increased its stake in shares of Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Camden Property Trust in the 2nd quarter valued at $32,000. Fulcrum Asset Management LLP bought a new stake in Camden Property Trust in the third quarter worth $32,000. MUFG Securities EMEA plc bought a new stake in Camden Property Trust in the second quarter worth $35,000. Finally, Summit Securities Group LLC increased its position in Camden Property Trust by 169.6% during the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 268 shares during the last quarter. 97.22% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CPT has been the topic of several recent research reports. Wells Fargo & Company raised their target price on Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Stifel Nicolaus set a $118.75 price target on Camden Property Trust in a research note on Friday, May 1st. Royal Bank Of Canada increased their price objective on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Jefferies Financial Group downgraded Camden Property Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, Truist Financial boosted their target price on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $115.48.

Camden Property Trust Stock Performance

NYSE:CPT opened at $112.89 on Friday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The firm’s fifty day simple moving average is $110.92 and its 200 day simple moving average is $107.23. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $11.35 billion, a PE ratio of 31.53, a PEG ratio of 8.71 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. The firm had revenue of $390.92 million during the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business 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. On average, sell-side analysts anticipate that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were paid a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. Camden Property Trust’s payout ratio is presently 118.44%.

Camden Property Trust Company Profile

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.