Thrivent Financial for Lutherans Increases Stock Holdings in Camden Property Trust $CPT

Thrivent Financial for Lutherans lifted its stake in shares of Camden Property Trust (NYSE:CPT) by 30.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,585 shares of the real estate investment trust’s stock after acquiring an additional 5,472 shares during the period. Thrivent Financial for Lutherans’ holdings in Camden Property Trust were worth $2,596,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. State Street Corp boosted its stake in shares of Camden Property Trust by 1.5% during the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after acquiring an additional 111,215 shares during the last quarter. Viking Global Investors LP boosted its stake in shares of Camden Property Trust by 41.6% during the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after acquiring an additional 1,130,718 shares during the last quarter. Centersquare Investment Management LLC boosted its stake in shares of 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 valued at $291,560,000 after acquiring an additional 38,897 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Camden Property Trust by 5.0% during the third quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock valued at $266,358,000 after acquiring an additional 119,401 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Camden Property Trust by 22.2% during the third quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust’s stock valued at $185,564,000 after acquiring an additional 315,244 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

CPT has been the topic of a number of analyst reports. Wall Street Zen lowered Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Royal Bank Of Canada raised their target price 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. Barclays lifted their price objective on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. UBS Group lowered their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Morgan Stanley set a $117.00 price target on Camden Property Trust in a report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and an average price target of $112.98.

Camden Property Trust Stock Up 0.2%

CPT opened at $107.64 on Monday. Camden Property Trust has a one year low of $96.53 and a one year high of $119.00. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. The stock’s fifty day moving average is $102.00 and its 200-day moving average is $105.07. The company has a market capitalization of $10.82 billion, a PE ratio of 30.07, a P/E/G ratio of 7.99 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. During the same quarter in the previous year, the company posted $1.72 earnings per share. The business’s quarterly revenue was down .5% compared to the same quarter last year. 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, equities analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.