Sequoia Financial Advisors LLC Sells 7,253 Shares of Camden Property Trust $CPT

Sequoia Financial Advisors LLC lessened its stake in shares of Camden Property Trust (NYSE:CPT) by 65.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,777 shares of the real estate investment trust’s stock after selling 7,253 shares during the period. Sequoia Financial Advisors LLC’s holdings in Camden Property Trust were worth $369,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC lifted its stake in shares of Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Camden Property Trust in the 2nd quarter worth $32,000. Fulcrum Asset Management LLP bought a new position in Camden Property Trust in the 3rd quarter worth $32,000. MUFG Securities EMEA plc acquired a new position in Camden Property Trust during the 2nd quarter worth $35,000. Finally, Summit Securities Group LLC lifted its position in Camden Property Trust by 169.6% during the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 268 shares during the last quarter. Institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

CPT has been the topic of several research analyst reports. Barclays raised their price target on Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. Truist Financial boosted their price objective on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Scotiabank increased their target price on Camden Property Trust from $102.00 to $109.00 and gave the company a “sector underperform” rating in a research note on Thursday, July 9th. Mizuho raised their target price on Camden Property Trust from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Finally, Royal Bank Of Canada raised their target price 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. Five equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and an average target price of $116.04.

Camden Property Trust Stock Performance

NYSE CPT opened at $112.06 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market capitalization of $11.26 billion, a price-to-earnings ratio of 31.30, a P/E/G ratio of 8.70 and a beta of 0.78. The company’s fifty day moving average is $111.21 and its two-hundred day moving average is $107.24. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS 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 in the prior year, the business earned $1.72 earnings per share. The firm’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. Equities research analysts forecast that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were given a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. Camden Property Trust’s dividend payout ratio (DPR) is currently 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.