Davis Selected Advisers Buys 2,140 Shares of Camden Property Trust $CPT

Davis Selected Advisers lifted its stake in Camden Property Trust (NYSE:CPT) by 2.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 78,650 shares of the real estate investment trust’s stock after buying an additional 2,140 shares during the quarter. Davis Selected Advisers’ holdings in Camden Property Trust were worth $8,863,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc grew its position in Camden Property Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 101 shares during the period. Cape Investment Advisory Inc. bought a new position in shares of Camden Property Trust during the first quarter valued at $37,000. National Pension Service boosted its stake in shares of Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 167 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of Camden Property Trust by 117.7% in the 2nd quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 233 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Camden Property Trust by 47.4% in the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 158 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on CPT shares. Bank of America cut their price target on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a report on Wednesday. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. Evercore ISI cut their target price 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. Cantor Fitzgerald reissued a “neutral” rating and issued a $105.00 target price on shares of Camden Property Trust in a report on Monday. Finally, UBS Group decreased their price target on Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating on the stock in a research report on Monday. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $119.04.

Camden Property Trust Price Performance

Shares of CPT stock opened at $101.72 on Friday. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $127.65. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The firm’s 50 day moving average is $104.50 and its 200-day moving average is $110.34. The firm has a market capitalization of $10.87 billion, a price-to-earnings ratio of 71.13, a PEG ratio of 3.31 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $398.24 million during the quarter, compared to analyst estimates of $397.89 million. During the same quarter last year, the business posted $1.71 earnings per share. Camden Property Trust’s revenue for the quarter 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. Sell-side analysts forecast 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 Friday, October 17th. Stockholders of record on Tuesday, September 30th were given a dividend of $1.05 per share. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.1%. Camden Property Trust’s payout ratio is presently 170.04%.

Camden Property Trust 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.