Reinhart Partners LLC. Sells 19,255 Shares of Camden Property Trust $CPT

Reinhart Partners LLC. trimmed its position in shares of Camden Property Trust (NYSE:CPT) by 26.2% during the 4th quarter, HoldingsChannel reports. The fund owned 54,210 shares of the real estate investment trust’s stock after selling 19,255 shares during the quarter. Reinhart Partners LLC.’s holdings in Camden Property Trust were worth $5,967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CPT. Norges Bank bought a new position in Camden Property Trust during the fourth quarter valued at about $154,587,000. Viking Global Investors LP boosted its holdings in 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 purchasing an additional 1,130,718 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after purchasing an additional 825,769 shares in the last quarter. UBS Group AG boosted its holdings in Camden Property Trust by 94.2% during the fourth quarter. UBS Group AG now owns 1,137,805 shares of the real estate investment trust’s stock valued at $125,250,000 after purchasing an additional 551,850 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in 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 purchasing an additional 315,244 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Stock Up 0.1%

NYSE:CPT opened at $106.17 on Wednesday. The stock’s fifty day moving average price is $102.80 and its two-hundred day moving average price is $105.31. Camden Property Trust has a 52-week low of $96.53 and a 52-week 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 company has a market cap of $10.67 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 7.89 and a beta of 0.80.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the business earned $1.72 EPS. The business’s revenue for the quarter 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, analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust declared that its board has initiated a stock repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CPT shares. Royal Bank Of Canada lifted their price objective 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. UBS Group decreased their price objective on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Wells Fargo & Company lifted their price objective on Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday. Evercore set a $107.00 price objective on Camden Property Trust in a report on Friday, May 1st. Finally, Stifel Nicolaus set a $118.75 price objective on Camden Property Trust in a report on Friday, May 1st. Five investment 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, the company currently has a consensus rating of “Hold” and a consensus price target of $113.05.

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.