Renaissance Technologies LLC Grows Holdings in Camden Property Trust $CPT

Renaissance Technologies LLC increased its holdings in Camden Property Trust (NYSE:CPT) by 49.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 466,800 shares of the real estate investment trust’s stock after acquiring an additional 154,900 shares during the quarter. Renaissance Technologies LLC’s holdings in Camden Property Trust were worth $45,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Camden Property Trust by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock valued at $2,257,000 after purchasing an additional 336 shares in the last quarter. Focus Partners Wealth boosted its position in shares of Camden Property Trust by 2.4% in the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock worth $926,000 after purchasing an additional 175 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of Camden Property Trust by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock worth $518,000 after purchasing an additional 210 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of Camden Property Trust in the 2nd quarter worth approximately $219,000. Finally, Federated Hermes Inc. grew its stake in shares of Camden Property Trust by 265.0% in the 2nd quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock worth $554,000 after buying an additional 3,570 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $112.81 on Tuesday. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81. The firm has a market cap of $11.34 billion, a P/E ratio of 31.51, a PEG ratio of 8.76 and a beta of 0.78. The company has a 50 day moving average of $111.91 and a 200 day moving average of $107.32. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings data 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. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period in the prior year, the firm posted $1.72 EPS. The firm’s quarterly revenue was down .5% on a year-over-year basis. 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. As a group, research analysts expect that Camden Property Trust will post 6.66 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 118.44%.

Analysts Set New Price Targets

CPT has been the subject of a number of recent research reports. Stifel Nicolaus set a $118.75 price objective on Camden Property Trust in a research note on Friday, May 1st. Cantor Fitzgerald cut their target price on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Barclays raised their price target on Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Mizuho lifted their price target on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Jefferies Financial Group upgraded shares of Camden Property Trust to a “hold” rating in a research note on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $116.40.

Camden Property Trust 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.