Woodline Partners LP Acquires New Position in Camden Property Trust $CPT

Woodline Partners LP bought a new position in shares of Camden Property Trust (NYSE:CPT) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 375,132 shares of the real estate investment trust’s stock, valued at approximately $45,879,000. Woodline Partners LP owned 0.35% of Camden Property Trust as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cape Investment Advisory Inc. acquired a new position in shares of Camden Property Trust in the first quarter worth $37,000. Tsfg LLC purchased a new position in Camden Property Trust in the first quarter valued at $40,000. National Pension Service grew its stake in Camden Property Trust by 74.2% during the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 167 shares in the last quarter. Allworth Financial LP increased its holdings in Camden Property Trust by 47.4% during the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 158 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new stake in Camden Property Trust in the 1st quarter valued at about $64,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on CPT. Barclays lowered their price objective on Camden Property Trust from $137.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday, August 12th. JPMorgan Chase & Co. boosted their price target on shares of Camden Property Trust from $127.00 to $129.00 and gave the stock an “underweight” rating in a report on Tuesday, June 17th. Wall Street Zen upgraded shares of Camden Property Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 2nd. UBS Group lowered their target price on shares of Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating for the company in a research note on Tuesday, July 15th. Finally, Morgan Stanley dropped their target price on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 13th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $123.11.

Camden Property Trust Stock Down 0.5%

Shares of NYSE:CPT opened at $110.86 on Tuesday. The firm has a 50 day simple moving average of $110.63 and a 200-day simple moving average of $114.67. Camden Property Trust has a twelve month low of $102.35 and a twelve month high of $127.69. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $11.84 billion, a PE ratio of 77.52, a P/E/G ratio of 3.78 and a beta of 0.80.

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, topping the consensus estimate of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. During the same period last year, the business earned $1.71 EPS. Camden Property Trust’s revenue for the quarter was up 2.4% compared to the same quarter last year. 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, equities analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were issued a $1.05 dividend. This represents a $4.20 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 30th. Camden Property Trust’s payout ratio is presently 293.71%.

Camden Property Trust 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.