Camden Property Trust (NYSE:CPT) Director Javier Benito Sells 101 Shares

Camden Property Trust (NYSE:CPT) Director Javier Benito sold 101 shares of Camden Property Trust stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $11,078.69. Following the completion of the transaction, the director directly owned 7,872 shares of the company’s stock, valued at $863,479.68. This trade represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Camden Property Trust Stock Down 1.6%

Shares of NYSE:CPT traded down $1.76 during trading on Wednesday, reaching $108.55. 940,640 shares of the stock traded hands, compared to its average volume of 1,134,098. Camden Property Trust has a 52-week low of $97.17 and a 52-week high of $126.55. The stock has a market cap of $11.55 billion, a P/E ratio of 44.11, a price-to-earnings-growth ratio of 3.58 and a beta of 0.81. The stock has a 50-day moving average of $104.93 and a two-hundred day moving average of $107.43. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.13 and a current ratio of 0.13.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.68 by $0.02. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The business had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. During the same period last year, the business posted $1.71 EPS. The company’s revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, December 17th. Camden Property Trust’s payout ratio is presently 170.04%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CPT. Wells Fargo & Company reduced their price target on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Bank of America decreased their price target on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Truist Financial dropped their price target on shares of Camden Property Trust from $123.00 to $116.00 and set a “buy” rating on the stock in a research note on Monday, December 15th. Barclays set a $118.00 price objective on Camden Property Trust and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Finally, Evercore ISI lowered their target price on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $116.81.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Camden Property Trust during the 2nd quarter valued at about $160,217,000. Viking Global Investors LP lifted its position in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after buying an additional 1,130,718 shares in the last quarter. Long Pond Capital LP boosted its stake in Camden Property Trust by 209.6% during the second quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust’s stock valued at $115,253,000 after buying an additional 692,412 shares during the last quarter. Invesco Ltd. grew its holdings in Camden Property Trust by 34.5% during the 2nd quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust’s stock valued at $267,645,000 after buying an additional 609,697 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in Camden Property Trust by 87.3% during the 2nd quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust’s stock valued at $114,236,000 after buying an additional 472,623 shares in the last quarter. 97.22% of the stock is currently owned by institutional investors.

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.