DekaBank Deutsche Girozentrale Has $7.43 Million Holdings in Camden Property Trust $CPT

DekaBank Deutsche Girozentrale boosted its holdings in shares of Camden Property Trust (NYSE:CPT) by 0.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,275 shares of the real estate investment trust’s stock after acquiring an additional 547 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.06% of Camden Property Trust worth $7,430,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its position in Camden Property Trust by 16.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 89 shares during the period. Country Club Bank boosted its position in Camden Property Trust by 0.4% during the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust’s stock worth $3,204,000 after acquiring an additional 92 shares during the period. Amalgamated Bank boosted its position in Camden Property Trust by 0.5% during the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust’s stock worth $2,514,000 after acquiring an additional 93 shares during the period. First Manhattan CO. LLC. boosted its position in Camden Property Trust by 0.3% during the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust’s stock worth $3,809,000 after acquiring an additional 101 shares during the period. Finally, IFP Advisors Inc boosted its position in Camden Property Trust by 45.7% during the 2nd 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 during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Stock Up 0.2%

Shares of CPT stock opened at $105.21 on Friday. The stock’s 50 day simple moving average is $106.79 and its 200 day simple moving average is $111.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a twelve month low of $100.60 and a twelve month high of $127.65. The company has a market capitalization of $11.24 billion, a price-to-earnings ratio of 73.57, a PEG ratio of 3.56 and a beta of 0.80.

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 for the quarter, beating analysts’ consensus estimates 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 business had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. During the same period last year, the business earned $1.71 EPS. The firm’s revenue 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, research analysts predict that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Camden Property Trust’s dividend payout ratio (DPR) is presently 293.71%.

Analyst Upgrades and Downgrades

CPT has been the subject of a number of research reports. The Goldman Sachs Group lowered Camden Property Trust from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $118.00 to $106.00 in a research report on Wednesday, September 17th. Scotiabank reduced their price target on Camden Property Trust from $136.00 to $133.00 and set a “sector perform” rating for the company in a report on Thursday, August 14th. Wells Fargo & Company reduced their price target on Camden Property Trust from $112.00 to $111.00 and set an “equal weight” rating for the company in a report on Monday, October 13th. Morgan Stanley reduced their price target 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. Finally, Royal Bank Of Canada reduced their price target on Camden Property Trust from $120.00 to $118.00 and set a “sector perform” rating for the company in a report on Monday, August 4th. Six investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Camden Property Trust currently has an average rating of “Hold” and a consensus target price of $121.61.

Camden Property Trust 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.