KBC Group NV Sells 12,351 Shares of Camden Property Trust $CPT

KBC Group NV trimmed its position in Camden Property Trust (NYSE:CPT) by 60.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,139 shares of the real estate investment trust’s stock after selling 12,351 shares during the quarter. KBC Group NV’s holdings in Camden Property Trust were worth $795,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Maverick Capital Ltd. purchased a new position in Camden Property Trust during the fourth quarter valued at approximately $202,304,000. Norges Bank purchased a new stake in shares of Camden Property Trust in the fourth quarter worth $154,587,000. Viking Global Investors LP increased its stake in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after purchasing an additional 1,130,718 shares in the last quarter. Invesco Ltd. increased its stake in shares of Camden Property Trust by 38.4% in the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after purchasing an additional 957,896 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after purchasing an additional 825,769 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Mizuho upped their target price on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Royal Bank Of Canada raised their price target on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Truist Financial boosted their price objective on Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. UBS Group dropped their price objective on Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Finally, Cantor Fitzgerald cut their target price on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $116.40.

Camden Property Trust Stock Performance

NYSE CPT opened at $113.75 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81. The business has a 50 day simple moving average of $111.74 and a two-hundred day simple moving average of $107.31. The stock has a market capitalization of $11.43 billion, a PE ratio of 31.77, a P/E/G ratio of 8.76 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.72 EPS. 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. On average, research analysts predict that Camden Property Trust will post 6.66 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid 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 3.7%. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Camden Property Trust Company 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.