Sequoia Financial Advisors LLC Sells 7,253 Shares of Camden Property Trust $CPT

Sequoia Financial Advisors LLC lessened its holdings in Camden Property Trust (NYSE:CPT) by 65.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,777 shares of the real estate investment trust’s stock after selling 7,253 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Camden Property Trust were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CPT. State Street Corp boosted its position in shares of Camden Property Trust by 1.5% during the 3rd 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 in the last quarter. Viking Global Investors LP raised its position in Camden Property Trust by 23.9% in the fourth quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after purchasing an additional 917,755 shares in the last quarter. Invesco Ltd. raised its position in Camden Property Trust by 38.4% in the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after purchasing an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC lifted its stake in Camden Property Trust by 3.6% during the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after purchasing an additional 98,130 shares during the period. Finally, 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. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analysts Set New Price Targets

CPT has been the topic of several analyst reports. Cantor Fitzgerald lowered their price objective on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Stifel Nicolaus set a $118.75 target price on Camden Property Trust in a research report on Friday, May 1st. Truist Financial boosted their price target on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $114.00 price target on shares of Camden Property Trust in a research report on Monday. Finally, Jefferies Financial Group cut Camden Property Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $116.04.

Camden Property Trust Stock Performance

NYSE:CPT opened at $112.06 on Wednesday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The firm has a 50 day moving average of $111.21 and a 200-day moving average of $107.24. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $11.26 billion, a P/E ratio of 31.30, a price-to-earnings-growth ratio of 8.70 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.Camden Property Trust’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the company earned $1.72 EPS. 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. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $1.06 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a yield of 3.8%. Camden Property Trust’s payout ratio is currently 118.44%.

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.