Hsbc Holdings PLC Sells 40,650 Shares of Camden Property Trust $CPT

Hsbc Holdings PLC reduced its stake in Camden Property Trust (NYSE:CPT) by 7.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 483,174 shares of the real estate investment trust’s stock after selling 40,650 shares during the period. Hsbc Holdings PLC’s holdings in Camden Property Trust were worth $47,199,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Camden Property Trust by 1.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after buying an additional 336 shares during the period. Focus Partners Wealth raised its holdings in Camden Property Trust by 2.4% in the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 175 shares during the period. Baird Financial Group Inc. lifted its position in Camden Property Trust by 4.8% during the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock worth $518,000 after acquiring an additional 210 shares during the last quarter. Walleye Capital LLC acquired a new stake in Camden Property Trust during the second quarter worth approximately $219,000. Finally, Federated Hermes Inc. boosted its holdings in shares of Camden Property Trust by 265.0% during the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock worth $554,000 after acquiring an additional 3,570 shares during the period. 97.22% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CPT has been the topic of several research reports. Royal Bank Of Canada upped their target price on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research report on Monday, May 4th. Evercore set a $113.00 price target on Camden Property Trust in a report on Monday, June 8th. Morgan Stanley boosted their price target on Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, June 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a report on Friday. Finally, Wells Fargo & Company increased their price objective on Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $115.40.

Camden Property Trust Stock Performance

NYSE CPT opened at $112.91 on Tuesday. The firm has a 50-day moving average price of $111.08 and a two-hundred day moving average price of $107.22. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.81. The company has a market capitalization of $11.35 billion, a P/E ratio of 31.54, a P/E/G ratio of 8.71 and a beta of 0.78. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate 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 company had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period last year, the firm earned $1.72 earnings per share. The business’s revenue for the quarter was down .5% on a year-over-year basis. 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. Analysts anticipate that Camden Property Trust will post 6.65 earnings per share for the current year.

Camden Property Trust Announces Dividend

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

About Camden Property Trust

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.