Thrivent Financial for Lutherans Has $2.60 Million Stock Position in Camden Property Trust $CPT

Thrivent Financial for Lutherans raised its position in Camden Property Trust (NYSE:CPT) by 30.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,585 shares of the real estate investment trust’s stock after acquiring an additional 5,472 shares during the period. Thrivent Financial for Lutherans’ holdings in Camden Property Trust were worth $2,596,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its holdings in Camden Property Trust by 102.3% in the 4th quarter. Pacer Advisors Inc. now owns 17,239 shares of the real estate investment trust’s stock valued at $1,898,000 after acquiring an additional 8,716 shares in the last quarter. Bailard Inc. raised its holdings in Camden Property Trust by 80.8% in the 4th quarter. Bailard Inc. now owns 4,520 shares of the real estate investment trust’s stock valued at $498,000 after acquiring an additional 2,020 shares in the last quarter. NewEdge Wealth LLC raised its holdings in Camden Property Trust by 15.9% in the 4th quarter. NewEdge Wealth LLC now owns 4,999 shares of the real estate investment trust’s stock valued at $550,000 after acquiring an additional 684 shares in the last quarter. Ethic Inc. raised its holdings in Camden Property Trust by 108.6% in the 4th quarter. Ethic Inc. now owns 4,690 shares of the real estate investment trust’s stock valued at $516,000 after acquiring an additional 2,442 shares in the last quarter. Finally, Heffernan Advisory Inc. acquired a new position in Camden Property Trust in the 4th quarter valued at approximately $216,000. Institutional investors and hedge funds own 97.22% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CPT shares. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a report on Monday, April 20th. Morgan Stanley set a $117.00 target price on Camden Property Trust in a report on Friday, May 15th. Barclays increased their price target on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Stifel Nicolaus set a $118.75 price objective on Camden Property Trust in a research report on Friday, May 1st. Finally, Evercore set a $107.00 target price on Camden Property Trust in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $112.98.

Camden Property Trust Stock Up 0.2%

NYSE CPT opened at $107.64 on Monday. Camden Property Trust has a 52 week low of $96.53 and a 52 week high of $119.00. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. The stock has a market capitalization of $10.82 billion, a P/E ratio of 30.07, a price-to-earnings-growth ratio of 7.99 and a beta of 0.81. The stock has a fifty day moving average of $102.00 and a 200-day moving average of $105.07.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.12. The firm had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the business posted $1.72 EPS. 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. On average, equities research analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust announced that its board has initiated a share repurchase 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 shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

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.