Camden Property Trust $CPT Shares Sold by Walleye Capital LLC

Walleye Capital LLC reduced its stake in shares of Camden Property Trust (NYSE:CPT) by 36.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,362 shares of the real estate investment trust’s stock after selling 39,127 shares during the period. Walleye Capital LLC’s holdings in Camden Property Trust were worth $6,579,000 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 stock. CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at about $32,000. Clearstead Advisors LLC lifted its stake in shares of Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the period. Fulcrum Asset Management LLP acquired a new stake in shares of Camden Property Trust in the third quarter valued at about $32,000. MUFG Securities EMEA plc purchased a new stake in Camden Property Trust during the second quarter worth about $35,000. Finally, Prosperity Bancshares Inc purchased a new stake in Camden Property Trust during the fourth quarter worth about $42,000. 97.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have issued reports on CPT. Piper Sandler increased their target price on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a report on Tuesday. Morgan Stanley lifted their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. UBS Group decreased their price target on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Barclays upped their price target on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Finally, Truist Financial raised their price objective 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. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and a consensus price target of $116.40.

Camden Property Trust Price Performance

Camden Property Trust stock opened at $111.97 on Thursday. The firm has a market capitalization of $11.26 billion, a PE ratio of 31.28, a P/E/G ratio of 8.64 and a beta of 0.78. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $119.81. The firm’s 50-day simple moving average is $111.34 and its 200 day simple moving average is $107.25. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The firm had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same period last year, the firm posted $1.72 EPS. The firm’s revenue for the quarter was down .5% on a year-over-year basis. 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 research analysts predict that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

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

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.