Public Employees Retirement System of Ohio purchased a new stake in shares of Camden Property Trust (NYSE:CPT – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 143,204 shares of the real estate investment trust’s stock, valued at approximately $16,395,000. Public Employees Retirement System of Ohio owned 0.14% of Camden Property Trust as of its most recent SEC filing.
Several other large investors have also made changes to their positions in CPT. CYBER HORNET ETFs LLC purchased a new stake in shares of Camden Property Trust during the second quarter worth about $32,000. Clearstead Advisors LLC lifted its holdings in Camden Property Trust by 92.0% in the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares in the last quarter. Fulcrum Asset Management LLP purchased a new position in Camden Property Trust in the 3rd quarter worth approximately $32,000. MUFG Securities EMEA plc bought a new position in Camden Property Trust in the 2nd quarter worth approximately $35,000. Finally, Prosperity Bancshares Inc bought a new position in Camden Property Trust in the 4th quarter worth approximately $42,000. 97.22% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on CPT shares. Wells Fargo & Company lifted their price objective on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $114.00 target price on shares of Camden Property Trust in a research report on Monday, July 20th. Weiss Ratings raised shares of Camden Property Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Barclays lifted their price target on shares of Camden Property Trust from $122.00 to $123.00 and gave the company an “equal weight” rating in a report on Monday, August 17th. Finally, Truist Financial boosted their price target on shares of Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $116.27.
Camden Property Trust Trading Up 0.5%
Shares of CPT opened at $106.34 on Friday. The stock has a market capitalization of $10.69 billion, a PE ratio of 35.21, a P/E/G ratio of 7.54 and a beta of 0.77. The company’s fifty day moving average is $111.90 and its 200 day moving average is $107.61. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81.
Camden Property Trust (NYSE:CPT – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business had revenue of $396.07 million for the quarter, compared to the consensus estimate of $392.88 million. During the same quarter last year, the business earned $1.70 EPS. Camden Property Trust’s revenue for the quarter was up 7.4% compared to the same quarter last year. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. Sell-side analysts expect that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.
Camden Property Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s payout ratio is presently 140.40%.
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.
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