Highland Capital Management LLC Sells 11,019 Shares of Camden Property Trust $CPT

Highland Capital Management LLC lessened its stake in shares of Camden Property Trust (NYSE:CPT) by 42.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 15,083 shares of the real estate investment trust’s stock after selling 11,019 shares during the period. Highland Capital Management LLC’s holdings in Camden Property Trust were worth $1,660,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State Street Corp boosted its position in shares of Camden Property Trust by 1.5% during the 3rd quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock worth $815,470,000 after purchasing an additional 111,215 shares in the last quarter. Viking Global Investors LP boosted its position in shares of Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after purchasing an additional 1,130,718 shares in the last quarter. Centersquare Investment Management LLC boosted its position in shares of Camden Property Trust by 1.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares in the last quarter. Invesco Ltd. boosted its position in shares of Camden Property Trust by 5.0% during the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust’s stock worth $266,358,000 after purchasing an additional 119,401 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Camden Property Trust by 22.2% during the 3rd quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust’s stock worth $185,564,000 after purchasing an additional 315,244 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Up 0.4%

CPT opened at $104.75 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.14. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $120.15. The firm has a market capitalization of $10.53 billion, a PE ratio of 29.26, a P/E/G ratio of 7.10 and a beta of 0.81. The company’s 50-day moving average is $102.63 and its 200 day moving average is $104.81.

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, topping analysts’ consensus estimates 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 company had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter in the prior year, the business posted $1.72 EPS. The firm’s revenue was down .5% compared to the same quarter last year. 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. As a group, research analysts predict that Camden Property Trust will post 6.74 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were issued a $1.06 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Camden Property Trust announced that its board has approved a stock buyback plan on Thursday, February 5th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CPT. Cantor Fitzgerald cut their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research report on Monday. Evercore set a $107.00 price objective on shares of Camden Property Trust in a research report on Friday. Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley cut their price objective on shares of Camden Property Trust from $123.00 to $119.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Finally, Barclays cut their price objective on shares of Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Friday, March 6th. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $114.30.

Insider Buying and Selling at Camden Property Trust

In related news, COO Laurie Baker sold 2,168 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total value of $235,011.20. Following the sale, the chief operating officer owned 94,468 shares in the company, valued at $10,240,331.20. This represents a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.90% of the stock is owned by corporate insiders.

About Camden Property Trust

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.