Country Club Bank Sells 198 Shares of Camden Property Trust $CPT

Country Club Bank lessened its position in shares of Camden Property Trust (NYSE:CPT) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,002 shares of the real estate investment trust’s stock after selling 198 shares during the quarter. Country Club Bank’s holdings in Camden Property Trust were worth $2,958,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Fifth Third Bancorp boosted its stake in Camden Property Trust by 3.0% during the second quarter. Fifth Third Bancorp now owns 5,331 shares of the real estate investment trust’s stock worth $601,000 after buying an additional 154 shares in the last quarter. Highland Capital Management LLC raised its stake in shares of Camden Property Trust by 17.3% in the 2nd quarter. Highland Capital Management LLC now owns 24,767 shares of the real estate investment trust’s stock valued at $2,791,000 after buying an additional 3,660 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Camden Property Trust by 11.7% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 69,708 shares of the real estate investment trust’s stock worth $7,855,000 after acquiring an additional 7,275 shares during the period. Contravisory Investment Management Inc. boosted its position in shares of Camden Property Trust by 62.6% during the 2nd quarter. Contravisory Investment Management Inc. now owns 6,402 shares of the real estate investment trust’s stock valued at $721,000 after acquiring an additional 2,464 shares in the last quarter. Finally, Chicago Capital LLC increased its stake in Camden Property Trust by 82.4% in the second quarter. Chicago Capital LLC now owns 6,001 shares of the real estate investment trust’s stock valued at $676,000 after acquiring an additional 2,711 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Stock Down 1.2%

NYSE CPT opened at $102.94 on Tuesday. The stock’s 50 day simple moving average is $108.05 and its 200 day simple moving average is $112.73. Camden Property Trust has a one year low of $102.35 and a one year high of $127.65. The firm has a market cap of $11.00 billion, a PE ratio of 71.99, a price-to-earnings-growth ratio of 3.53 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.01. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The firm had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. During the same quarter in the previous year, the company posted $1.71 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. As a group, sell-side analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.1%. Camden Property Trust’s payout ratio is currently 293.71%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Citigroup cut their price target on shares of Camden Property Trust from $138.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Morgan Stanley dropped their target price on Camden Property Trust from $130.00 to $124.00 and set an “equal weight” rating for the company in a report on Wednesday, August 13th. Scotiabank decreased their price target on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 14th. UBS Group lowered their price target on Camden Property Trust from $126.00 to $114.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 15th. Finally, Piper Sandler cut their price objective on Camden Property Trust from $130.00 to $117.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $121.73.

Camden Property Trust Company Profile

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.