Reinhart Partners LLC. Buys 9,576 Shares of Camden Property Trust $CPT

Reinhart Partners LLC. raised its position in Camden Property Trust (NYSE:CPT) by 18.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 60,264 shares of the real estate investment trust’s stock after buying an additional 9,576 shares during the period. Reinhart Partners LLC. owned about 0.06% of Camden Property Trust worth $6,900,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vert Asset Management LLC bought a new stake in Camden Property Trust during the 4th quarter worth about $3,150,000. Teacher Retirement System of Texas boosted its stake in shares of Camden Property Trust by 517.9% in the 4th quarter. Teacher Retirement System of Texas now owns 267,847 shares of the real estate investment trust’s stock valued at $29,485,000 after purchasing an additional 224,501 shares during the last quarter. M&T Bank Corp grew its position in shares of Camden Property Trust by 120.5% during the 4th quarter. M&T Bank Corp now owns 19,068 shares of the real estate investment trust’s stock worth $2,100,000 after buying an additional 10,420 shares during the period. CORDA Investment Management LLC. grew its position in shares of Camden Property Trust by 90.8% during the 1st quarter. CORDA Investment Management LLC. now owns 426,913 shares of the real estate investment trust’s stock worth $41,692,000 after buying an additional 203,131 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Camden Property Trust by 100.2% during the first quarter. Jennison Associates LLC now owns 1,206,854 shares of the real estate investment trust’s stock worth $117,861,000 after buying an additional 603,997 shares during the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Stock Up 1.0%

Shares of NYSE CPT opened at $111.86 on Friday. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.81. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.42 and a current ratio of 0.18. The stock has a market cap of $11.25 billion, a P/E ratio of 37.04, a P/E/G ratio of 8.42 and a beta of 0.77. The firm has a 50 day moving average price of $112.88 and a 200 day moving average price of $107.57.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The firm had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same period in the prior year, the business earned $1.70 earnings per share. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. 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. Analysts expect that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is 140.40%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CPT. Wells Fargo & Company increased their price objective on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a report on Wednesday, July 22nd. Stifel Nicolaus set a $123.25 target price on shares of Camden Property Trust in a research report on Friday, July 31st. Cantor Fitzgerald increased their price target on Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Barclays raised their price target on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Finally, Morgan Stanley upped their price objective on Camden Property Trust from $117.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $117.25.

About Camden Property Trust

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.