BNP Paribas Financial Markets Reduces Stake in Camden Property Trust $CPT

BNP Paribas Financial Markets reduced its stake in Camden Property Trust (NYSE:CPT) by 21.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 514,935 shares of the real estate investment trust’s stock after selling 136,513 shares during the period. BNP Paribas Financial Markets’ holdings in Camden Property Trust were worth $56,684,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Legacy Wealth Asset Management LLC grew its holdings in Camden Property Trust by 1.6% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 6,074 shares of the real estate investment trust’s stock valued at $669,000 after buying an additional 93 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in Camden Property Trust by 38.1% in the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock valued at $43,000 after buying an additional 107 shares in the last quarter. Norinchukin Bank The grew its holdings in Camden Property Trust by 1.0% in the 3rd quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after buying an additional 107 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in Camden Property Trust by 5.6% in the 4th quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock valued at $237,000 after buying an additional 114 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in Camden Property Trust by 2.7% in the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 4,845 shares of the real estate investment trust’s stock valued at $533,000 after buying an additional 127 shares in the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

CPT stock opened at $106.17 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market capitalization of $10.67 billion, a P/E ratio of 29.66, a P/E/G ratio of 7.89 and a beta of 0.80. The business’s 50-day moving average is $102.80 and its two-hundred day moving average is $105.31. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.00.

Camden Property Trust (NYSE:CPT) last posted its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The company had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.Camden Property Trust’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $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. Analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal 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 generally a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages have issued reports on CPT. Royal Bank Of Canada upped their target price on Camden Property Trust from $104.00 to $105.00 and gave the company a “sector perform” rating in a report on Monday, May 4th. Evercore set a $107.00 target price on Camden Property Trust in a report on Friday, May 1st. Weiss Ratings restated 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. Finally, Stifel Nicolaus set a $118.75 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 given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and a consensus price target of $113.05.

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.