Nomura Asset Management Co. Ltd. Cuts Stock Holdings in Camden Property Trust $CPT

Nomura Asset Management Co. Ltd. lowered its stake in shares of Camden Property Trust (NYSE:CPT) by 14.0% during the fourth quarter, Holdings Channel reports. The fund owned 162,739 shares of the real estate investment trust’s stock after selling 26,554 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Camden Property Trust were worth $17,914,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Allianz Asset Management GmbH increased its holdings in Camden Property Trust by 7.8% in the third quarter. Allianz Asset Management GmbH now owns 166,280 shares of the real estate investment trust’s stock valued at $17,755,000 after buying an additional 11,983 shares during the last quarter. Waterfall Asset Management LLC purchased a new position in Camden Property Trust in the third quarter valued at $3,257,000. American Century Companies Inc. increased its holdings in Camden Property Trust by 21.2% in the third quarter. American Century Companies Inc. now owns 195,488 shares of the real estate investment trust’s stock valued at $20,874,000 after buying an additional 34,204 shares during the last quarter. Centersquare Investment Management LLC increased its holdings in Camden Property Trust by 1.4% in the third quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock valued at $291,560,000 after buying an additional 38,897 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Camden Property Trust by 4.2% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 293,950 shares of the real estate investment trust’s stock valued at $31,388,000 after buying an additional 11,809 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CPT. Wells Fargo & Company increased their target price on Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday. Barclays increased their target price on Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Stifel Nicolaus set a $118.75 target price on Camden Property Trust in a report on Friday, May 1st. Morgan Stanley set a $117.00 price objective on shares of Camden Property Trust in a research note on Friday, May 15th. Finally, UBS Group decreased their price objective on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $113.05.

Camden Property Trust Stock Performance

NYSE CPT opened at $106.26 on Tuesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.00. The company has a market capitalization of $10.68 billion, a PE ratio of 29.68, a P/E/G ratio of 7.92 and a beta of 0.80. The company has a fifty day moving average of $102.80 and a two-hundred day moving average of $105.31.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. During the same quarter in the prior year, the firm posted $1.72 earnings per share. Camden Property Trust’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. As a group, analysts expect that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 5th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the real estate investment trust to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Camden Property Trust 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.