Camden Property Trust $CPT Shares Sold by Greenland Capital Management LP

Greenland Capital Management LP cut its holdings in Camden Property Trust (NYSE:CPT) by 53.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,789 shares of the real estate investment trust’s stock after selling 35,098 shares during the quarter. Greenland Capital Management LP’s holdings in Camden Property Trust were worth $3,470,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its stake in shares of Camden Property Trust by 16.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 89 shares during the period. Forsta AP Fonden increased its position in Camden Property Trust by 0.6% during the 2nd quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust’s stock worth $1,961,000 after purchasing an additional 100 shares during the period. First Manhattan CO. LLC. raised its stake in shares of Camden Property Trust by 0.3% during the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after buying an additional 101 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Camden Property Trust by 45.7% in the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 101 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Camden Property Trust by 0.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,395 shares of the real estate investment trust’s stock valued at $2,073,000 after buying an additional 103 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Camden Property Trust Stock Down 0.1%

Shares of CPT opened at $102.09 on Wednesday. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $127.65. The company’s fifty day moving average is $103.96 and its two-hundred day moving average is $109.99. The firm has a market cap of $10.86 billion, a PE ratio of 71.39, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The business had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. During the same period in the previous year, the company posted $1.71 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is presently 170.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CPT shares. Morgan Stanley decreased their price objective on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a report on Thursday, November 13th. Wells Fargo & Company cut their target price on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating for the company in a research report on Monday, October 13th. Evercore ISI dropped their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd. The Goldman Sachs Group lowered Camden Property Trust from a “neutral” rating to a “sell” rating and reduced their target price for the company from $118.00 to $106.00 in a research note on Wednesday, September 17th. Finally, Scotiabank reduced their price objective on Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 4th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $119.04.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.