Camden Property Trust $CPT Stock Holdings Lessened by Rhumbline Advisers

Rhumbline Advisers lessened its stake in shares of Camden Property Trust (NYSE:CPT) by 3.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 223,597 shares of the real estate investment trust’s stock after selling 7,783 shares during the period. Rhumbline Advisers owned about 0.21% of Camden Property Trust worth $23,876,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

CPT has been the topic of several research analyst reports. Mizuho lifted their price objective on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Cantor Fitzgerald lifted their price target on Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Truist Financial increased their price objective on Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Barclays lifted their target price on Camden Property Trust from $118.00 to $119.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Piper Sandler set a $108.00 price target on shares of Camden Property Trust in a research report on Tuesday, January 27th. Six 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $117.15.

Insider Activity

In other news, CFO Alexander J. Jessett sold 5,627 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 value of $617,225.63. Following the transaction, the chief financial officer directly owned 141,821 shares in the company, valued at approximately $15,556,345.49. The trade was a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Heather J. Brunner sold 2,104 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $230,787.76. Following the sale, the director owned 10,205 shares of the company’s stock, valued at approximately $1,119,386.45. The trade was a 17.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 52,288 shares of company stock valued at $5,741,857 over the last three months. Corporate insiders own 1.90% of the company’s stock.

Camden Property Trust Price Performance

Shares of CPT opened at $108.50 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. The firm has a market cap of $11.22 billion, a PE ratio of 30.65, a PEG ratio of 7.28 and a beta of 0.82. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55. The firm’s 50 day moving average price is $107.99 and its 200 day moving average price is $106.34.

Camden Property Trust (NYSE:CPT) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.73 by ($0.29). The business had revenue of $396.08 million for the quarter, compared to the consensus estimate of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.73 EPS. 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. As a group, research analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Increases Dividend

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

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

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.