Yousif Capital Management LLC raised its holdings in Camden Property Trust (NYSE:CPT – Free Report) by 1,099.1% during the 3rd quarter, Holdings Channel reports. The firm owned 263,081 shares of the real estate investment trust’s stock after buying an additional 241,142 shares during the quarter. Yousif Capital Management LLC’s holdings in Camden Property Trust were worth $25,448,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Lido Advisors LLC raised its stake in shares of Camden Property Trust by 4.5% during the 1st quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust’s stock worth $286,000 after buying an additional 124 shares during the period. IFM Investors Pty Ltd grew its stake in Camden Property Trust by 0.8% in the 1st quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust’s stock valued at $1,691,000 after acquiring an additional 132 shares during the period. James T. Borello RIA grew its stake in Camden Property Trust by 76.3% in the 3rd quarter. James T. Borello RIA now owns 409 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 177 shares during the period. Patton Fund Management Inc. increased its holdings in Camden Property Trust by 9.7% in the 1st quarter. Patton Fund Management Inc. now owns 2,318 shares of the real estate investment trust’s stock worth $226,000 after acquiring an additional 205 shares in the last quarter. Finally, Summit Securities Group LLC increased its holdings in Camden Property Trust by 169.6% in the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 268 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.
Camden Property Trust Price Performance
Shares of NYSE:CPT traded down $0.69 during trading on Friday, reaching $102.05. The stock had a trading volume of 1,018,188 shares, compared to its average volume of 1,015,581. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 1-year low of $95.30 and a 1-year high of $119.81. The stock has a market cap of $10.26 billion, a PE ratio of 33.79, a PEG ratio of 7.65 and a beta of 0.79. The business has a fifty day moving average price of $101.77 and a 200-day moving average price of $106.52.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, equities analysts forecast that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.
Camden Property Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were issued a dividend of $1.06 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. Camden Property Trust’s dividend payout ratio is presently 140.40%.
Analysts Set New Price Targets
A number of research firms have weighed in on CPT. Wells Fargo & Company reduced their price objective on shares of Camden Property Trust from $110.00 to $103.00 and set an “equal weight” rating for the company in a research report on Monday. Royal Bank Of Canada dropped their target price on shares of Camden Property Trust from $111.00 to $101.00 and set a “sector perform” rating on the stock in a research report on Tuesday, October 13th. JPMorgan Chase & Co. boosted their target price on shares of Camden Property Trust from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research note on Friday, July 31st. Finally, Morgan Stanley reduced their price target on shares of Camden Property Trust from $120.00 to $118.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $111.62.
Read Our Latest Stock Report on CPT
Camden Property Trust Profile
Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.
Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.
Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.
See Also
- Five stocks we like better than Camden Property Trust
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
Want to see what other hedge funds are holding CPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camden Property Trust (NYSE:CPT – Free Report).
Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.
