Camden Property Trust $CPT Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. cut its holdings in shares of Camden Property Trust (NYSE:CPT) by 1.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 230,963 shares of the real estate investment trust’s stock after selling 2,580 shares during the quarter. Asset Management One Co. Ltd. owned 0.22% of Camden Property Trust worth $26,027,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in Camden Property Trust by 16.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 89 shares in the last quarter. Country Club Bank raised its stake in Camden Property Trust by 0.4% during the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock worth $3,204,000 after acquiring an additional 92 shares in the last quarter. Amalgamated Bank raised its stake in Camden Property Trust by 0.5% during the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock worth $2,514,000 after acquiring an additional 93 shares in the last quarter. First Manhattan CO. LLC. raised its stake in Camden Property Trust by 0.3% during the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after acquiring an additional 101 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in Camden Property Trust by 45.7% during the 2nd 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 in the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on CPT. Piper Sandler cut their price target on shares of Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. The Goldman Sachs Group lowered shares of Camden Property Trust from a “neutral” rating to a “sell” rating and cut their price target for the stock from $118.00 to $106.00 in a research note on Wednesday, September 17th. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Wells Fargo & Company cut their price target on shares of Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating on the stock in a research note on Monday, October 13th. Finally, Truist Financial lowered their price objective on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating on the stock in a research report on Wednesday, August 27th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $121.61.

Camden Property Trust Trading Up 0.2%

Shares of Camden Property Trust stock opened at $105.21 on Friday. Camden Property Trust has a 1 year low of $100.60 and a 1 year high of $127.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. The company has a market capitalization of $11.24 billion, a P/E ratio of 73.57, a PEG ratio of 3.56 and a beta of 0.80. The company’s fifty day moving average is $106.79 and its two-hundred day moving average is $111.32.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data 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 company had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. Camden Property Trust’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the firm posted $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. Analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were issued a $1.05 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.0%. Camden Property Trust’s payout ratio is presently 293.71%.

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.