Mitsubishi UFJ Asset Management Co. Ltd. Increases Stock Position in Camden Property Trust $CPT

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Camden Property Trust (NYSE:CPTFree Report) by 4.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 293,950 shares of the real estate investment trust’s stock after purchasing an additional 11,809 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Camden Property Trust were worth $31,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new stake in shares of Camden Property Trust during the 3rd quarter valued at $25,000. Quent Capital LLC bought a new position in Camden Property Trust in the third quarter valued at $29,000. Hantz Financial Services Inc. increased its stake in 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 valued at $30,000 after acquiring an additional 236 shares during the last quarter. Loomis Sayles & Co. L P purchased a new stake in Camden Property Trust during the second quarter valued at about $32,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Camden Property Trust during the second quarter worth about $32,000. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Trading Down 1.7%

Shares of CPT stock opened at $108.35 on Monday. The business has a 50-day moving average of $108.61 and a 200 day moving average of $106.49. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.14. Camden Property Trust has a 1-year low of $97.17 and a 1-year high of $126.55. The stock has a market capitalization of $11.20 billion, a PE ratio of 30.61, a P/E/G ratio of 7.44 and a beta of 0.82.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. 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 previous year, the firm posted $1.73 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. 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, sell-side analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a $1.06 dividend. The ex-dividend date is Tuesday, March 31st. 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%. Camden Property Trust’s dividend payout ratio is presently 118.64%.

Camden Property Trust declared that its board has initiated a stock buyback plan on Thursday, February 5th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

CPT has been the topic of several recent research reports. Mizuho increased their price objective on Camden Property Trust from $114.00 to $120.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Evercore cut their target price on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a research note on Monday, November 3rd. Cantor Fitzgerald increased their price target on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Truist Financial lifted their price target on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Wells Fargo & Company lowered their price objective on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. 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 stock. According to MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and an average target price of $117.15.

View Our Latest Stock Report on Camden Property Trust

Insider Activity

In other news, COO Laurie Baker sold 2,168 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the sale, the chief operating officer directly owned 94,468 shares in the company, valued at approximately $10,240,331.20. This represents a 2.24% 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 firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $230,787.76. Following the completion of the sale, the director directly owned 10,205 shares in the company, valued at $1,119,386.45. The trade was a 17.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,625 shares of company stock valued at $5,995,193. 1.90% of the stock is currently owned by insiders.

Camden Property Trust Profile

(Free Report)

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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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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