ProShare Advisors LLC Has $3.75 Million Position in Camden Property Trust $CPT

ProShare Advisors LLC raised its holdings in shares of Camden Property Trust (NYSE:CPT) by 59.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,133 shares of the real estate investment trust’s stock after purchasing an additional 13,096 shares during the quarter. ProShare Advisors LLC’s holdings in Camden Property Trust were worth $3,752,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CPT. Forsta AP Fonden raised its position in shares of Camden Property Trust by 0.6% in the second quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust’s stock valued at $1,961,000 after purchasing an additional 100 shares during the period. Intact Investment Management Inc. grew its stake in Camden Property Trust by 16.7% in the 2nd quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust’s stock valued at $79,000 after buying an additional 100 shares during the last quarter. IFP Advisors Inc raised its holdings 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 valued at $36,000 after acquiring an additional 101 shares during the period. Osaic Holdings Inc. raised its holdings in Camden Property Trust by 0.8% in the 2nd quarter. Osaic Holdings Inc. now owns 14,319 shares of the real estate investment trust’s stock valued at $1,615,000 after acquiring an additional 110 shares during the period. Finally, Bedell Frazier Investment Counselling LLC lifted its position in Camden Property Trust by 1.7% during the second quarter. Bedell Frazier Investment Counselling LLC now owns 8,214 shares of the real estate investment trust’s stock worth $926,000 after acquiring an additional 140 shares during the last quarter. 97.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

CPT has been the topic of a number of recent research reports. Bank of America lowered their target price on Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Stifel Nicolaus set a $118.50 price objective on Camden Property Trust in a research report on Friday, February 6th. Wells Fargo & Company reduced their target price on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Scotiabank decreased their price target on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating on the stock in a research note on Tuesday, November 4th. Finally, Evercore dropped their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and a consensus target price of $117.15.

Camden Property Trust Trading Up 1.0%

CPT opened at $108.50 on Friday. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55. The company has a 50-day simple moving average of $107.88 and a 200 day simple moving average of $106.45. The company has a quick ratio of 0.13, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $11.54 billion, a price-to-earnings ratio of 30.65, a P/E/G ratio of 7.21 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.29). The firm had revenue of $396.08 million during the quarter, compared to the consensus estimate of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. Camden Property Trust’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.73 earnings per share. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.06 per share. The ex-dividend date is Tuesday, March 31st. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. This represents a $4.24 annualized dividend and a yield of 3.9%. Camden Property Trust’s dividend payout ratio is currently 118.64%.

Camden Property Trust declared that its board has initiated a share buyback program on Thursday, February 5th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, CFO Alexander J. Jessett sold 5,627 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $617,225.63. Following the completion of the sale, the chief financial officer directly owned 141,821 shares in the company, valued at $15,556,345.49. This represents a 3.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Heather J. Brunner sold 2,104 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $230,787.76. Following the completion of the sale, the director directly owned 10,205 shares in the company, valued at $1,119,386.45. This trade represents a 17.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 52,288 shares of company stock valued at $5,741,857 over the last ninety days. Company insiders own 1.80% of the company’s stock.

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.