DekaBank Deutsche Girozentrale Acquires 547 Shares of Camden Property Trust $CPT

DekaBank Deutsche Girozentrale boosted its holdings in Camden Property Trust (NYSE:CPT) by 0.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 66,275 shares of the real estate investment trust’s stock after purchasing an additional 547 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Camden Property Trust were worth $7,430,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. bought a new position in Camden Property Trust in the 1st quarter worth approximately $37,000. IFP Advisors Inc increased its position in Camden Property Trust by 45.7% in the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 101 shares during the period. Tsfg LLC bought a new position in Camden Property Trust in the 1st quarter worth approximately $40,000. National Pension Service increased its position in Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 167 shares during the period. Finally, Private Trust Co. NA increased its position in Camden Property Trust by 117.7% in the 2nd quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 233 shares during the period. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Price Performance

Shares of CPT stock opened at $105.21 on Friday. The stock’s fifty day simple moving average is $106.79 and its 200 day simple moving average is $111.32. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $11.24 billion, a price-to-earnings ratio of 73.57, a P/E/G ratio of 3.56 and a beta of 0.80. Camden Property Trust has a one year low of $100.60 and a one year high of $127.65.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.69 by $0.01. The business had revenue of $396.51 million for 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% on a year-over-year basis. 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, analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

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

Analyst Ratings Changes

A number of research firms have recently issued reports on CPT. Piper Sandler lowered their price objective on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating on the stock in a research report on Monday, August 4th. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Friday. Truist Financial lowered their price objective on 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. Finally, Barclays lowered their price objective on Camden Property Trust from $128.00 to $127.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 30th. Six equities research 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. According to data from MarketBeat, Camden Property Trust has a consensus rating of “Hold” and an average target price of $121.61.

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.