Jefferies Financial Group Inc. Buys New Position in Camden Property Trust $CPT

Jefferies Financial Group Inc. bought a new position in shares of Camden Property Trust (NYSE:CPT) during the third quarter, HoldingsChannel reports. The institutional investor bought 23,030 shares of the real estate investment trust’s stock, valued at approximately $2,459,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Camden Property Trust by 2.0% during the 2nd quarter. State Street Corp now owns 7,452,448 shares of the real estate investment trust’s stock valued at $847,524,000 after purchasing an additional 147,684 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Camden Property Trust by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,961,433 shares of the real estate investment trust’s stock worth $332,432,000 after purchasing an additional 51,357 shares in the last quarter. Centersquare Investment Management LLC raised its holdings in shares of Camden Property Trust by 1.4% in the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust’s stock worth $291,560,000 after purchasing an additional 38,897 shares in the last quarter. Invesco Ltd. lifted its stake in 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 valued at $267,645,000 after purchasing an additional 609,697 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Camden Property Trust by 0.3% during the second quarter. JPMorgan Chase & Co. now owns 1,869,638 shares of the real estate investment trust’s stock valued at $210,690,000 after purchasing an additional 5,846 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CPT shares. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday, January 21st. Piper Sandler set a $108.00 price objective on Camden Property Trust in a research note on Tuesday, January 27th. Cantor Fitzgerald lifted their target price on Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Barclays cut their target price on Camden Property Trust from $119.00 to $115.00 and set an “equal weight” rating on the stock in a research report on Friday, March 6th. Finally, Stifel Nicolaus set a $118.50 target price on Camden Property Trust in a report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $115.41.

Camden Property Trust Price Performance

Shares of NYSE:CPT opened at $103.55 on Wednesday. The company’s fifty day moving average is $108.34 and its two-hundred day moving average is $106.48. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.88. Camden Property Trust has a 12-month low of $97.17 and a 12-month high of $124.32. The company has a market cap of $10.71 billion, a P/E ratio of 29.25, a price-to-earnings-growth ratio of 7.10 and a beta of 0.82.

Camden Property Trust (NYSE:CPT) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The business had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. Camden Property Trust’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.73 EPS. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Equities analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Tuesday, March 31st will be paid a $1.06 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 4.1%. This is an increase from Camden Property Trust’s previous quarterly dividend of $1.05. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.64%.

Camden Property Trust declared that its board has authorized a stock buyback plan on Thursday, February 5th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Heather J. Brunner sold 2,104 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $230,787.76. Following the transaction, the director owned 10,205 shares in the company, valued at $1,119,386.45. This represents a 17.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Laurie Baker sold 2,168 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the sale, the chief operating officer directly owned 94,468 shares of the company’s stock, valued at $10,240,331.20. This trade represents a 2.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 54,625 shares of company stock valued at $5,995,193. 1.90% of the stock is owned by insiders.

Camden Property Trust Company 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.