Employees Retirement System of Texas Decreases Stock Position in Camden Property Trust $CPT

Employees Retirement System of Texas trimmed its stake in shares of Camden Property Trust (NYSE:CPT) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,274 shares of the real estate investment trust’s stock after selling 471 shares during the quarter. Employees Retirement System of Texas owned 0.05% of Camden Property Trust worth $6,454,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CPT. Cape Investment Advisory Inc. purchased a new position in shares of Camden Property Trust in the 1st quarter valued at about $37,000. IFP Advisors Inc lifted its stake 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 worth $36,000 after acquiring an additional 101 shares during the last quarter. National Pension Service grew its holdings in Camden Property Trust by 74.2% during the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 167 shares in the last quarter. Private Trust Co. NA increased its position 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 during the last quarter. Finally, Smartleaf Asset Management LLC increased its position 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 valued at $76,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Down 0.0%

Shares of NYSE CPT opened at $106.16 on Thursday. The stock has a market cap of $11.30 billion, a PE ratio of 74.24, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $127.65. The business has a 50-day moving average price of $103.50 and a 200 day moving average price of $109.47. 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 posted 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. The business had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company’s revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Equities research analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were paid 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 yield of 4.0%. Camden Property Trust’s dividend payout ratio is currently 170.04%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on CPT shares. UBS Group lowered their target price on shares of Camden Property Trust from $114.00 to $105.00 and set a “neutral” rating for the company in a research note on Monday, November 10th. Barclays set a $118.00 price target on Camden Property Trust and gave the stock an “equal weight” rating in a report on Tuesday. Wells Fargo & Company lowered their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday. Cantor Fitzgerald reissued a “neutral” rating and set a $105.00 target price on shares of Camden Property Trust in a research report on Monday, November 10th. Finally, Truist Financial decreased their target price on Camden Property Trust from $131.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, August 27th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Camden Property Trust presently has an average rating of “Hold” and an average price target of $117.99.

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.