Brookwood Investment Group LLC Acquires 304 Shares of Camden Property Trust $CPT

Brookwood Investment Group LLC grew its holdings in shares of Camden Property Trust (NYSE:CPT) by 18.3% in the second quarter, Holdings Channel.com reports. The firm owned 1,969 shares of the real estate investment trust’s stock after buying an additional 304 shares during the period. Brookwood Investment Group LLC’s holdings in Camden Property Trust were worth $222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its stake in Camden Property Trust by 16.8% in the first 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 in the last quarter. Country Club Bank raised its stake in Camden Property Trust by 0.4% in the first quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock valued at $3,204,000 after purchasing an additional 92 shares in the last quarter. Amalgamated Bank raised its stake in Camden Property Trust by 0.5% in the first quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock valued at $2,514,000 after purchasing an additional 93 shares in the last quarter. First Manhattan CO. LLC. raised its stake in Camden Property Trust by 0.3% in the first quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock valued at $3,809,000 after purchasing an additional 101 shares in the last quarter. Finally, IFP Advisors Inc raised 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 valued at $36,000 after purchasing an additional 101 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of CPT stock opened at $101.44 on Wednesday. Camden Property Trust has a 12 month low of $100.60 and a 12 month high of $127.65. The stock has a market cap of $10.84 billion, a PE ratio of 70.94, a price-to-earnings-growth ratio of 3.53 and a beta of 0.80. 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 company’s fifty day moving average price is $106.62 and its 200-day moving average price is $111.25.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The firm had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.Camden Property Trust’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. On average, equities analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were given a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Camden Property Trust’s payout ratio is currently 293.71%.

Wall Street Analyst Weigh In

Several research firms have commented on CPT. UBS Group decreased their price target on shares of Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 15th. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a report on Monday, August 4th. Cantor Fitzgerald assumed coverage on shares of Camden Property Trust in a report on Wednesday, October 1st. They issued a “neutral” rating and a $115.00 target price on the stock. Wells Fargo & Company cut their target price on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating on the stock in a report on Monday, October 13th. Finally, Morgan Stanley cut their target price on shares of Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $121.61.

About Camden Property Trust

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.