Camden Property Trust $CPT Shares Sold by Cannell & Spears LLC

Cannell & Spears LLC lowered its position in shares of Camden Property Trust (NYSE:CPT) by 17.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,510 shares of the real estate investment trust’s stock after selling 4,950 shares during the period. Cannell & Spears LLC’s holdings in Camden Property Trust were worth $2,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Clearstead Advisors LLC grew its position in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 138 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust in the second quarter valued at $32,000. Fulcrum Asset Management LLP purchased a new stake in Camden Property Trust in the third quarter valued at $32,000. MUFG Securities EMEA plc purchased a new stake in Camden Property Trust in the second quarter valued at $35,000. Finally, Summit Securities Group LLC lifted its stake in shares of Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Up 0.8%

NYSE:CPT opened at $113.75 on Friday. The firm has a market cap of $11.43 billion, a PE ratio of 31.77, a price-to-earnings-growth ratio of 8.76 and a beta of 0.78. The stock has a fifty day moving average price of $111.74 and a 200 day moving average price of $107.31. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.81. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.28 by $0.12. The firm had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.Camden Property Trust’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Sell-side analysts anticipate that Camden Property Trust will post 6.66 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Analyst Upgrades and Downgrades

CPT has been the subject of a number of research analyst reports. Barclays increased their price target on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Evercore set a $113.00 price objective on shares of Camden Property Trust in a report on Monday, June 8th. Wells Fargo & Company upped their target price on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 target price on shares of Camden Property Trust in a research note on Monday, July 20th. Finally, Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $116.40.

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.