Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Camden Property Trust (NYSE:CPT – Free Report) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 293,950 shares of the real estate investment trust’s stock after acquiring an additional 11,809 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.28% of Camden Property Trust worth $31,388,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Abich Financial Wealth Management LLC purchased a new position in Camden Property Trust in the third quarter worth $25,000. Quent Capital LLC bought a new stake in shares of Camden Property Trust during the 3rd quarter worth $29,000. Hantz Financial Services Inc. boosted its holdings in shares of Camden Property Trust by 524.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 236 shares during the last quarter. Loomis Sayles & Co. L P bought a new position in Camden Property Trust during the second quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust during the second quarter worth about $32,000. 97.22% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
CPT has been the topic of a number of research analyst reports. Morgan Stanley dropped their target price 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, January 21st. Stifel Nicolaus set a $118.50 price objective on Camden Property Trust in a research note on Friday, February 6th. Evercore reduced their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a report on Monday, November 3rd. Finally, Truist Financial boosted their target price on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Six research 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.15.
Camden Property Trust Stock Down 1.7%
Camden Property Trust stock opened at $108.35 on Monday. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The firm has a market capitalization of $11.20 billion, a price-to-earnings ratio of 30.61, a P/E/G ratio of 7.44 and a beta of 0.82. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88. The firm has a 50 day simple moving average of $108.61 and a 200 day simple moving average of $106.49.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The company had revenue of $396.08 million for the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The company’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.73 EPS. 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, analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.
Camden Property Trust Increases Dividend
The business also recently announced 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. This represents a $4.24 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s payout ratio is presently 118.64%.
Camden Property Trust announced that its board has authorized 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 reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.
Insider Buying and Selling
In other news, CFO Alexander J. Jessett sold 5,627 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $617,225.63. Following the sale, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. This represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Richard J. Campo sold 38,021 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the completion of the transaction, the chief executive officer owned 301,156 shares of the company’s stock, valued at $33,060,905.68. This trade represents a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 54,625 shares of company stock worth $5,995,193 over the last quarter. 1.90% of the stock is 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.
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