ING Groep NV Sells 10,274 Shares of Camden Property Trust $CPT

ING Groep NV cut its holdings in Camden Property Trust (NYSE:CPT) by 73.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,784 shares of the real estate investment trust’s stock after selling 10,274 shares during the period. ING Groep NV’s holdings in Camden Property Trust were worth $404,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in CPT. Quent Capital LLC purchased a new position in Camden Property Trust in the third quarter worth about $29,000. Hantz Financial Services Inc. lifted its stake in shares of Camden Property Trust by 524.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 236 shares during the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Camden Property Trust in the 2nd quarter worth approximately $32,000. CYBER HORNET ETFs LLC bought a new position in shares of Camden Property Trust during the 2nd quarter valued at approximately $32,000. Finally, True Wealth Design LLC raised its holdings in Camden Property Trust by 234.4% during the 3rd quarter. True Wealth Design LLC now owns 321 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 225 shares during the period. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Camden Property Trust Trading Up 1.0%

Shares of CPT opened at $108.50 on Friday. The firm has a market capitalization of $11.54 billion, a price-to-earnings ratio of 30.65, a PEG ratio of 7.28 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.13. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The company has a 50-day moving average of $107.88 and a 200 day moving average of $106.39.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The company had revenue of $396.08 million during the quarter, compared to the consensus estimate of $393.05 million. During the same quarter in the prior year, the company earned $1.73 earnings per share. Camden Property Trust’s revenue was up 1.2% on a year-over-year basis. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. On average, research analysts expect that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 3.9%. Camden Property Trust’s dividend payout ratio is presently 118.64%.

Camden Property Trust declared that its Board of Directors has approved a share repurchase program on Thursday, February 5th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the real estate investment trust to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Stifel Nicolaus set a $118.50 price objective on shares of Camden Property Trust in a research note on Friday, February 6th. Piper Sandler set a $108.00 price target on shares of Camden Property Trust in a research note on Tuesday, January 27th. Wall Street Zen raised shares of Camden Property Trust from a “sell” rating to a “hold” rating in a research report on Saturday. Bank of America decreased their price objective on shares of Camden Property Trust from $142.00 to $137.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Finally, Truist Financial upped their target price on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $117.15.

Insider Transactions at Camden Property Trust

In other Camden Property Trust news, Director Heather J. Brunner sold 2,104 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director directly owned 10,205 shares in the company, valued at $1,119,386.45. This represents a 17.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard J. Campo sold 5,600 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $110.21, for a total transaction of $617,176.00. Following the completion of the sale, the chief executive officer owned 295,556 shares of the company’s stock, valued at approximately $32,573,226.76. This represents a 1.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 52,288 shares of company stock valued at $5,741,857 over the last 90 days. 1.80% of the stock is owned by corporate insiders.

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.