Magnetar Financial LLC Sells 11,163 Shares of Camden Property Trust $CPT

Magnetar Financial LLC reduced its stake in shares of Camden Property Trust (NYSE:CPT) by 14.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,703 shares of the real estate investment trust’s stock after selling 11,163 shares during the period. Magnetar Financial LLC owned 0.06% of Camden Property Trust worth $7,123,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of Camden Property Trust by 2.0% during the 2nd quarter. State Street Corp now owns 7,452,448 shares of the real estate investment trust’s stock valued at $847,524,000 after acquiring an additional 147,684 shares during the last quarter. Geode Capital Management LLC boosted its position in Camden Property Trust by 1.8% during the second quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock worth $332,432,000 after purchasing an additional 51,357 shares during the period. Centersquare Investment Management LLC boosted its position in Camden Property Trust by 1.4% during the third quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares during the period. Invesco Ltd. grew its holdings in Camden Property Trust by 34.5% during 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 purchasing an additional 609,697 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Camden Property Trust by 0.3% during the second quarter. JPMorgan Chase & Co. now owns 1,869,638 shares of the real estate investment trust’s stock valued at $210,690,000 after purchasing an additional 5,846 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Down 1.5%

Shares of CPT stock opened at $103.55 on Wednesday. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $124.32. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The firm has a market cap of $10.71 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 7.10 and a beta of 0.82. The stock has a 50 day moving average of $108.34 and a 200-day moving average of $106.48.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data 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). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.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% on a year-over-year basis. 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, equities analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a $1.06 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 4.1%. 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 118.64%.

Camden Property Trust declared that its board has approved a stock repurchase plan on Thursday, February 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the real estate investment trust to buy 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.

Wall Street Analysts Forecast Growth

CPT has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, January 21st. JPMorgan Chase & Co. upgraded shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price on the stock in a report on Thursday, December 18th. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $109.00 to $108.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 10th. Finally, Scotiabank decreased their price target on shares of Camden Property Trust from $115.00 to $113.00 and set a “sector perform” rating for the company in a report on Wednesday, March 4th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Camden Property Trust has an average rating of “Hold” and a consensus target price of $115.41.

Insider Activity at Camden Property Trust

In other news, CEO Richard J. Campo sold 5,600 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the transaction, the chief executive officer owned 295,556 shares in the company, valued at approximately $32,573,226.76. The trade was a 1.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Heather J. Brunner sold 2,104 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director directly owned 10,205 shares of the company’s stock, valued at $1,119,386.45. This represents a 17.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 54,625 shares of company stock valued at $5,995,193. Company insiders own 1.90% of the company’s stock.

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.