Principal Financial Group Inc. Has $40.62 Million Holdings in Camden Property Trust $CPT

Principal Financial Group Inc. lessened its holdings in shares of Camden Property Trust (NYSE:CPT) by 9.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 415,943 shares of the real estate investment trust’s stock after selling 43,352 shares during the period. Principal Financial Group Inc.’s holdings in Camden Property Trust were worth $40,623,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Clearstead Advisors LLC raised its stake 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 acquiring an additional 138 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Camden Property Trust during the 2nd quarter valued at $32,000. Fulcrum Asset Management LLP bought a new stake in shares of Camden Property Trust in the third quarter valued at about $32,000. MUFG Securities EMEA plc bought a new stake in shares of Camden Property Trust in the 2nd quarter worth approximately $35,000. Finally, Summit Securities Group LLC lifted its position in Camden Property Trust by 169.6% in the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 268 shares during the period. 97.22% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Cantor Fitzgerald cut their price target on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Truist Financial upped their price target 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. Morgan Stanley increased their price objective on Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Scotiabank lifted their price objective on Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a report on Thursday, July 9th. Finally, Mizuho boosted their target price on shares of Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $115.48.

Camden Property Trust Price Performance

Shares of CPT stock opened at $112.89 on Friday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm’s 50 day moving average is $110.92 and its 200-day moving average is $107.23. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 8.71 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating 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 quarter last year, the business posted $1.72 earnings per share. Camden Property Trust’s revenue for the quarter 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. Sell-side analysts forecast that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s 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.