5,259 Shares of Camden Property Trust $CPT Acquired by Root Financial Partners LLC

Root Financial Partners LLC purchased a new position in shares of Camden Property Trust (NYSE:CPT) in the 3rd quarter, HoldingsChannel reports. The firm purchased 5,259 shares of the real estate investment trust’s stock, valued at approximately $509,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Maverick Capital Ltd. lifted its position in shares of 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 worth $182,416,000 after purchasing an additional 30,076 shares during the period. Dimensional Fund Advisors LP increased its position 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 during the period. Jennison Associates LLC raised its stake in Camden Property Trust by 100.2% during the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after buying an additional 603,997 shares during the last quarter. State of Alaska Department of Revenue raised its stake in Camden Property Trust by 945.3% during the third quarter. State of Alaska Department of Revenue now owns 616,861 shares of the real estate investment trust’s stock worth $59,669,000 after buying an additional 557,850 shares during the last quarter. Finally, Hsbc Holdings PLC raised its stake in Camden Property Trust by 3.4% during the fourth quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock worth $57,722,000 after buying an additional 17,270 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $114.00 price target on shares of Camden Property Trust in a research report on Monday, July 20th. Royal Bank Of Canada lowered their price objective on Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 13th. Evercore set a $110.00 price objective on Camden Property Trust in a research report on Monday, September 21st. Jefferies Financial Group raised Camden Property Trust to a “hold” rating in a research note on Wednesday, July 22nd. Finally, Scotiabank cut their target price on Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating on the stock in a research report on Thursday, September 17th. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $111.62.

Camden Property Trust Stock Down 0.7%

Shares of Camden Property Trust stock traded down $0.69 during trading on Friday, reaching $102.05. 1,018,188 shares of the company traded hands, compared to its average volume of 1,015,581. The firm has a market capitalization of $10.26 billion, a PE ratio of 33.79, a P/E/G ratio of 7.65 and a beta of 0.79. Camden Property Trust has a 1-year low of $95.30 and a 1-year high of $119.81. The company has a 50 day moving average price of $101.77 and a 200-day moving average price of $106.52. 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 (NYSE:CPT) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. During the same quarter in the previous year, the business posted $1.70 earnings per share. The company’s revenue for the quarter 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. As a group, equities research analysts expect that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is 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 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.