Carronade Capital Management LP Sells 20,951 Shares of Camden Property Trust $CPT

Carronade Capital Management LP reduced its position in shares of Camden Property Trust (NYSE:CPT) by 21.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,393 shares of the real estate investment trust’s stock after selling 20,951 shares during the period. Camden Property Trust comprises about 0.1% of Carronade Capital Management LP’s investment portfolio, making the stock its 16th largest holding. Carronade Capital Management LP’s holdings in Camden Property Trust were worth $7,558,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Entropy Technologies LP bought a new stake in Camden Property Trust in the 1st quarter valued at approximately $357,000. Renaissance Technologies LLC grew its stake in shares of Camden Property Trust by 49.7% during the 1st quarter. Renaissance Technologies LLC now owns 466,800 shares of the real estate investment trust’s stock worth $45,588,000 after acquiring an additional 154,900 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Camden Property Trust by 14.9% during the 1st quarter. Compound Planning Inc. now owns 2,915 shares of the real estate investment trust’s stock worth $285,000 after acquiring an additional 379 shares in the last quarter. Inceptionr LLC raised its holdings in shares of Camden Property Trust by 325.8% in the first quarter. Inceptionr LLC now owns 19,167 shares of the real estate investment trust’s stock valued at $1,872,000 after purchasing an additional 14,666 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Camden Property Trust by 27.1% in the first quarter. Sei Investments Co. now owns 81,788 shares of the real estate investment trust’s stock valued at $7,988,000 after purchasing an additional 17,443 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on CPT. Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. Royal Bank Of Canada lifted their price target on shares of Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a research note on Monday, May 4th. Jefferies Financial Group raised shares of Camden Property Trust to a “hold” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company increased their price objective on shares of Camden Property Trust from $107.00 to $113.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Friday, July 17th. Five investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $116.40.

Camden Property Trust Trading Up 0.0%

Shares of Camden Property Trust stock opened at $113.75 on Monday. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.81. The stock has a market cap of $11.43 billion, a P/E ratio of 31.77, a P/E/G ratio of 8.76 and a beta of 0.78. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The business’s 50 day moving average is $111.74 and its 200-day moving average is $107.30.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.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 EPS. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. 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 predict that Camden Property Trust will post 6.66 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a yield of 3.7%. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

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.