Pensionfund Sabic Sells 4,200 Shares of Camden Property Trust $CPT

Pensionfund Sabic lowered its stake in Camden Property Trust (NYSE:CPT) by 18.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,031 shares of the real estate investment trust’s stock after selling 4,200 shares during the period. Pensionfund Sabic’s holdings in Camden Property Trust were worth $2,205,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its holdings in shares of Camden Property Trust by 42.3% during the 4th quarter. Baird Financial Group Inc. now owns 3,362 shares of the real estate investment trust’s stock valued at $390,000 after buying an additional 1,000 shares in the last quarter. Cresset Asset Management LLC bought a new stake in shares of Camden Property Trust during the 4th quarter valued at $251,000. Ethic Inc. boosted its holdings in shares of Camden Property Trust by 31.2% during the 4th quarter. Ethic Inc. now owns 3,403 shares of the real estate investment trust’s stock valued at $395,000 after buying an additional 809 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of Camden Property Trust during the 4th quarter valued at $859,000. Finally, Janus Henderson Group PLC boosted its holdings in shares of Camden Property Trust by 1.5% during the 4th quarter. Janus Henderson Group PLC now owns 16,572 shares of the real estate investment trust’s stock valued at $1,924,000 after buying an additional 245 shares in the last quarter. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $109.50 on Friday. The stock has a market cap of $11.70 billion, a price-to-earnings ratio of 76.57, a PEG ratio of 3.76 and a beta of 0.80. The firm’s 50-day moving average is $110.36 and its 200 day moving average is $114.45. Camden Property Trust has a 1 year low of $102.35 and a 1 year high of $127.69. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.01. The company had revenue of $396.51 million for the quarter, compared to analysts’ expectations of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. Camden Property Trust’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were given a $1.05 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $4.20 dividend on an annualized basis and a yield of 3.8%. Camden Property Trust’s payout ratio is 293.71%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CPT shares. Truist Financial dropped their target price on shares of Camden Property Trust from $131.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, August 27th. Wells Fargo & Company dropped their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 27th. Barclays dropped their target price on shares of Camden Property Trust from $137.00 to $128.00 and set an “overweight” rating on the stock in a report on Tuesday, August 12th. JPMorgan Chase & Co. boosted their target price on shares of Camden Property Trust from $127.00 to $129.00 and gave the company an “underweight” rating in a report on Tuesday, June 17th. Finally, Royal Bank Of Canada dropped their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating on the stock in a report on Monday, August 4th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Camden Property Trust has an average rating of “Hold” and an average target price of $123.27.

Camden Property Trust Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.