Pacer Advisors Inc. Raises Position in Camden Property Trust $CPT

Pacer Advisors Inc. increased its holdings in Camden Property Trust (NYSE:CPT) by 102.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,239 shares of the real estate investment trust’s stock after buying an additional 8,716 shares during the period. Pacer Advisors Inc.’s holdings in Camden Property Trust were worth $1,898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Camden Property Trust by 1.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after buying an additional 336 shares in the last quarter. Focus Partners Wealth raised its position in shares of Camden Property Trust by 2.4% in the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 175 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of Camden Property Trust by 4.8% in the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock worth $518,000 after buying an additional 210 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Camden Property Trust in the second quarter worth $219,000. Finally, Federated Hermes Inc. increased its stake in Camden Property Trust by 265.0% in the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock valued at $554,000 after acquiring an additional 3,570 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Insider Activity

In other news, COO Laurie Baker sold 2,168 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the transaction, the chief operating officer directly owned 94,468 shares of the company’s stock, valued at approximately $10,240,331.20. This trade represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

CPT has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their target price on Camden Property Trust from $110.00 to $106.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 23rd. Scotiabank cut Camden Property Trust from a “sector perform” rating to a “sector underperform” rating and reduced their target price for the company from $113.00 to $95.00 in a research note on Thursday. Morgan Stanley reduced their target price on Camden Property Trust from $123.00 to $119.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Wall Street Zen cut Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Finally, Stifel Nicolaus set a $118.75 target price on Camden Property Trust in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Camden Property Trust has a consensus rating of “Hold” and a consensus target price of $113.11.

Camden Property Trust Stock Down 1.3%

Shares of NYSE:CPT opened at $104.01 on Friday. The stock’s 50-day moving average price is $102.04 and its 200-day moving average price is $104.85. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.89. The stock has a market capitalization of $10.45 billion, a P/E ratio of 29.05, a price-to-earnings-growth ratio of 7.85 and a beta of 0.81. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period last year, the firm earned $1.72 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts anticipate that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust declared that its Board of Directors has initiated a share buyback plan on Thursday, February 5th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

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.