Presima Securities ULC Decreases Stock Holdings in Camden Property Trust $CPT

Presima Securities ULC decreased its position in Camden Property Trust (NYSE:CPT) by 16.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,433 shares of the real estate investment trust’s stock after selling 2,407 shares during the quarter. Presima Securities ULC’s holdings in Camden Property Trust were worth $1,521,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Cape Investment Advisory Inc. purchased a new position in shares of Camden Property Trust in the first quarter valued at about $37,000. Tsfg LLC purchased a new position in shares of Camden Property Trust in the first quarter valued at about $40,000. National Pension Service increased its position in shares of Camden Property Trust by 74.2% in the first quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 167 shares during the period. Allworth Financial LP increased its position in shares of Camden Property Trust by 47.4% in the first quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 158 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Camden Property Trust in the first quarter valued at about $64,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Up 0.8%

Shares of NYSE CPT opened at $111.25 on Friday. The firm’s 50 day moving average price is $110.66 and its 200-day moving average price is $114.78. The company has a market cap of $11.89 billion, a PE ratio of 77.79, a P/E/G ratio of 3.78 and a beta of 0.80. Camden Property Trust has a 52-week low of $102.35 and a 52-week high of $127.69. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The firm had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.71 earnings per share. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. On average, equities research analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were paid a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, June 30th. Camden Property Trust’s dividend payout ratio is currently 293.71%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CPT. Citigroup reduced their price target on shares of Camden Property Trust from $138.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Barclays dropped their price objective on shares of Camden Property Trust from $137.00 to $128.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. JPMorgan Chase & Co. boosted their price objective on shares of Camden Property Trust from $127.00 to $129.00 and gave the stock an “underweight” rating in a research note on Tuesday, June 17th. Piper Sandler dropped their price objective on shares of Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $123.11.

About Camden Property Trust

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.