Insider Selling: Camden Property Trust (NYSE:CPT) CFO Sells 5,627 Shares of Stock

Camden Property Trust (NYSE:CPT) CFO Alexander Jessett sold 5,627 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $617,225.63. Following the transaction, the chief financial officer directly owned 141,821 shares of the company’s stock, valued at $15,556,345.49. This represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Camden Property Trust Price Performance

NYSE:CPT traded down $1.37 on Wednesday, reaching $108.94. The stock had a trading volume of 940,640 shares, compared to its average volume of 1,134,098. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $11.59 billion, a P/E ratio of 44.11, a price-to-earnings-growth ratio of 3.58 and a beta of 0.81. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The stock has a fifty day moving average price of $104.93 and a 200-day moving average price of $107.43.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The business had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. During the same period in the prior year, the company earned $1.71 EPS. Camden Property Trust’s revenue for the quarter was up 2.2% on a year-over-year basis. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. Research analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 17th will be issued a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, December 17th. Camden Property Trust’s payout ratio is currently 170.04%.

Institutional Investors Weigh In On Camden Property Trust

A number of institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new stake in shares of Camden Property Trust in the 2nd quarter valued at approximately $160,217,000. Viking Global Investors LP increased its stake in Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock valued at $410,755,000 after purchasing an additional 1,130,718 shares in the last quarter. Long Pond Capital LP raised its holdings in Camden Property Trust by 209.6% in the second quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust’s stock worth $115,253,000 after purchasing an additional 692,412 shares during the period. Invesco Ltd. boosted its position in shares of Camden Property Trust by 34.5% during the second quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock worth $267,645,000 after purchasing an additional 609,697 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in shares of Camden Property Trust by 87.3% during the second quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust’s stock worth $114,236,000 after purchasing an additional 472,623 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Barclays set a $118.00 target price on shares of Camden Property Trust and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a report on Wednesday, October 8th. Evercore ISI reduced their price objective on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Wells Fargo & Company decreased their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Finally, Mizuho lowered their target price on Camden Property Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. Six research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Camden Property Trust has a consensus rating of “Hold” and an average target price of $116.81.

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.