5,259 Shares in Camden Property Trust $CPT Purchased by Root Financial Partners LLC

Root Financial Partners LLC acquired a new position in shares of Camden Property Trust (NYSE:CPT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,259 shares of the real estate investment trust’s stock, valued at approximately $509,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in CPT. Squarepoint Ops LLC boosted its position in Camden Property Trust by 3,804.2% during the 2nd quarter. Squarepoint Ops LLC now owns 107,327 shares of the real estate investment trust’s stock worth $12,288,000 after acquiring an additional 104,578 shares during the last quarter. CORDA Investment Management LLC. raised its holdings in shares of Camden Property Trust by 90.8% in the first quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock valued at $41,692,000 after purchasing an additional 203,131 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Camden Property Trust by 100.2% in the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock valued at $117,861,000 after purchasing an additional 603,997 shares during the last quarter. Corient Private Wealth LP lifted its position in shares of Camden Property Trust by 38.2% in the second quarter. Corient Private Wealth LP now owns 120,014 shares of the real estate investment trust’s stock worth $13,740,000 after purchasing an additional 33,175 shares in the last quarter. Finally, Empyrean Capital Partners LP bought a new stake in shares of Camden Property Trust in the first quarter worth $9,180,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CPT has been the subject of a number of analyst reports. UBS Group decreased their price target on Camden Property Trust from $105.00 to $101.00 and set a “neutral” rating for the company in a research note on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $114.00 price objective on shares of Camden Property Trust in a research note on Monday, July 20th. Barclays cut their price objective on Camden Property Trust from $123.00 to $114.00 and set an “equal weight” rating for the company in a report on Wednesday, October 14th. Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research note on Friday, July 31st. Finally, Weiss Ratings downgraded shares of Camden Property Trust from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, October 2nd. Three equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $111.62.

Camden Property Trust Stock Performance

CPT stock traded down $0.69 during trading hours on Friday, hitting $102.05. 1,018,188 shares of the stock were exchanged, compared to its average volume of 1,015,581. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $10.26 billion, a P/E ratio of 33.79, a P/E/G ratio of 7.65 and a beta of 0.79. The company has a 50-day simple moving average of $101.77 and a two-hundred day simple moving average of $106.52. Camden Property Trust has a 12 month low of $95.30 and a 12 month high of $119.81.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The business had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.70 EPS. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. On average, analysts forecast that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were issued a dividend of $1.06 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 4.2%. Camden Property Trust’s payout ratio is 140.40%.

Camden Property Trust Profile

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.

Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company’s in-house property management platform.

Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.