Camden Property Trust $CPT Shares Sold by Socorro Asset Management LP

Socorro Asset Management LP trimmed its holdings in shares of Camden Property Trust (NYSE:CPT) by 10.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,077 shares of the real estate investment trust’s stock after selling 8,159 shares during the period. Camden Property Trust comprises approximately 3.2% of Socorro Asset Management LP’s investment portfolio, making the stock its 14th biggest position. Socorro Asset Management LP owned approximately 0.07% of Camden Property Trust worth $7,039,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. CYBER HORNET ETFs LLC acquired a new position in shares of Camden Property Trust in the 2nd quarter worth $32,000. Fulcrum Asset Management LLP acquired a new position in shares of Camden Property Trust in the 3rd quarter valued at $32,000. Clearstead Advisors LLC boosted its position in shares of Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the period. MUFG Securities EMEA plc purchased a new position in Camden Property Trust in the 2nd quarter worth about $35,000. Finally, Prosperity Bancshares Inc purchased a new position in Camden Property Trust in the 4th quarter worth about $42,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Down 0.8%

NYSE:CPT opened at $112.81 on Tuesday. The stock has a market cap of $11.34 billion, a PE ratio of 31.51, a price-to-earnings-growth ratio of 8.76 and a beta of 0.78. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The stock’s 50-day moving average is $111.91 and its two-hundred day moving average is $107.32.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) 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 business had revenue of $390.92 million during the quarter, compared to analyst estimates of $378.11 million. During the same period in the prior year, the firm earned $1.72 earnings per share. 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, equities research analysts forecast that Camden Property Trust will post 6.66 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were paid a $1.06 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. Camden Property Trust’s dividend payout ratio is 118.44%.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a research note on Wednesday, July 22nd. Stifel Nicolaus set a $118.75 price target on shares of Camden Property Trust in a report on Friday, May 1st. Morgan Stanley upped their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, June 25th. Truist Financial raised their price objective on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Finally, Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $116.40.

Camden Property Trust Profile

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.