Michael Gallagher Sells 169 Shares of Camden Property Trust (NYSE:CPT) Stock

Camden Property Trust (NYSE:CPT) CAO Michael Gallagher sold 169 shares of Camden Property Trust stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $108.43, for a total value of $18,324.67. Following the transaction, the chief accounting officer directly owned 39,640 shares of the company’s stock, valued at $4,298,165.20. This trade represents a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Camden Property Trust Price Performance

Shares of NYSE CPT opened at $107.13 on Friday. The stock has a market cap of $11.08 billion, a price-to-earnings ratio of 30.26, a PEG ratio of 7.28 and a beta of 0.82. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $126.55. The company’s 50-day moving average price is $108.38 and its 200 day moving average price is $106.39. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.88.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) 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 analyst estimates of $393.05 million. Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm 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 forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 4.0%. This is a positive change from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date is Tuesday, March 31st. Camden Property Trust’s payout ratio is 118.64%.

Camden Property Trust announced that its Board of Directors has approved a share buyback plan 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 buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CPT. Evercore decreased their price target on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research note on Monday, November 3rd. Cantor Fitzgerald increased their price objective on shares of Camden Property Trust from $105.00 to $108.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Truist Financial raised their target price on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. upgraded shares of Camden Property Trust from an “underweight” rating to a “neutral” rating and set a $116.00 target price for the company in a report on Thursday, December 18th. Finally, Mizuho upped their price target 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. Six investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $117.15.

Hedge Funds Weigh In On Camden Property Trust

Several hedge funds and other institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Camden Property Trust by 1.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock worth $2,257,000 after purchasing an additional 336 shares in the last quarter. Focus Partners Wealth grew its stake in Camden Property Trust by 2.4% during the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 175 shares during the period. IFP Advisors Inc increased its position in shares of Camden Property Trust by 45.7% in the second quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 101 shares in the last quarter. CWM LLC increased its position in shares of Camden Property Trust by 319.3% in the second quarter. CWM LLC now owns 9,417 shares of the real estate investment trust’s stock worth $1,061,000 after acquiring an additional 7,171 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Camden Property Trust by 1.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 16,789 shares of the real estate investment trust’s stock valued at $1,897,000 after acquiring an additional 253 shares during the period. 97.22% of the stock is owned by institutional investors and hedge funds.

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.