Camden Property Trust $CPT Shares Purchased by CORDA Investment Management LLC.

CORDA Investment Management LLC. raised its holdings in Camden Property Trust (NYSE:CPTFree Report) by 1.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 433,749 shares of the real estate investment trust’s stock after buying an additional 6,836 shares during the period. Camden Property Trust comprises about 3.0% of CORDA Investment Management LLC.’s holdings, making the stock its 13th largest position. CORDA Investment Management LLC. owned 0.43% of Camden Property Trust worth $49,660,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. California State Teachers Retirement System raised its holdings in Camden Property Trust by 10,287.1% during the second quarter. California State Teachers Retirement System now owns 12,820,132 shares of the real estate investment trust’s stock worth $1,467,777,000 after purchasing an additional 12,696,709 shares in the last quarter. State Street Corp raised its position in 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 buying an additional 111,215 shares during the last quarter. Viking Global Investors LP lifted its holdings in shares of Camden Property Trust by 23.9% in the 4th quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock valued at $524,476,000 after buying an additional 917,755 shares during the period. Invesco Ltd. boosted its position in shares of Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after purchasing an additional 957,896 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its holdings in Camden Property Trust by 3.6% during the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after buying an additional 98,130 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CPT. Scotiabank increased their price objective on shares of Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a research note on Thursday, July 9th. JPMorgan Chase & Co. increased their price target on Camden Property Trust from $113.00 to $114.00 and gave the stock a “neutral” rating in a research note on Thursday, August 13th. Jefferies Financial Group raised Camden Property Trust to a “hold” rating in a research report on Wednesday, July 22nd. Wall Street Zen downgraded Camden Property Trust from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Finally, Cantor Fitzgerald raised their price target on Camden Property Trust from $102.00 to $111.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and an average target price of $115.52.

Check Out Our Latest Analysis on Camden Property Trust

Camden Property Trust Trading Down 0.8%

NYSE:CPT traded down $0.88 during trading hours on Tuesday, reaching $104.81. 1,277,918 shares of the company were exchanged, compared to its average volume of 1,143,429. The firm has a market cap of $10.54 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 7.49 and a beta of 0.77. The stock has a 50 day simple moving average of $111.04 and a 200 day simple moving average of $107.47. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The company had revenue of $396.07 million for the quarter, compared to analysts’ expectations of $392.88 million. During the same period in the prior year, the firm earned $1.70 earnings per share. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, analysts predict that Camden Property Trust will post 6.75 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 140.40%.

About Camden Property Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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