Panagora Asset Management Inc. Has $27.06 Million Stock Holdings in Camden Property Trust $CPT

Panagora Asset Management Inc. decreased its stake in Camden Property Trust (NYSE:CPT) by 13.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 245,811 shares of the real estate investment trust’s stock after selling 38,839 shares during the period. Panagora Asset Management Inc.’s holdings in Camden Property Trust were worth $27,059,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CPT. Maverick Capital Ltd. acquired a new stake in Camden Property Trust during the fourth quarter worth approximately $202,304,000. Norges Bank acquired a new stake in Camden Property Trust during the fourth quarter worth approximately $154,587,000. Viking Global Investors LP grew its stake in Camden Property Trust by 41.6% during 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 purchasing an additional 1,130,718 shares during the period. Goldman Sachs Group Inc. grew its stake in Camden Property Trust by 64.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock worth $232,698,000 after purchasing an additional 825,769 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Camden Property Trust by 26,166.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 745,966 shares of the real estate investment trust’s stock worth $82,116,000 after purchasing an additional 743,126 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Down 1.2%

Shares of NYSE:CPT opened at $113.57 on Tuesday. The business’s 50 day simple moving average is $105.73 and its two-hundred day simple moving average is $105.96. The firm has a market cap of $11.42 billion, a P/E ratio of 31.72, a PEG ratio of 8.69 and a beta of 0.80. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $117.50.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.72 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, research analysts forecast that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be issued a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Analyst Ratings Changes

Several research firms recently commented on CPT. Wells Fargo & Company raised their target price on Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Stifel Nicolaus set a $118.75 target price on Camden Property Trust in a research note on Friday, May 1st. Mizuho raised their target price on Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Truist Financial raised their target price on Camden Property Trust from $118.00 to $123.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Finally, Cantor Fitzgerald decreased their target price on Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Camden Property Trust has an average rating of “Hold” and an average target price of $114.05.

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.