Camden Property Trust $CPT Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. reduced its position in Camden Property Trust (NYSE:CPT) by 29.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,941 shares of the real estate investment trust’s stock after selling 18,973 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Camden Property Trust were worth $5,053,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Camden Property Trust by 1.9% during the first 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 acquiring an additional 336 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Camden Property Trust by 2.4% during the 1st quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock worth $926,000 after purchasing an additional 175 shares during the period. Baird Financial Group Inc. lifted its position in Camden Property Trust by 4.8% during the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after buying an additional 210 shares in the last quarter. Walleye Capital LLC acquired a new position in Camden Property Trust during the second quarter valued at approximately $219,000. Finally, Federated Hermes Inc. grew its stake in Camden Property Trust by 265.0% during the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock worth $554,000 after buying an additional 3,570 shares during the period. Institutional investors and hedge funds own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CPT. Barclays raised their target price on shares of Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. UBS Group decreased their price target on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Wells Fargo & Company lowered their price target on Camden Property Trust from $110.00 to $106.00 and set an “equal weight” rating for the company in a report on Thursday, April 23rd. Piper Sandler set a $108.00 price objective on Camden Property Trust in a research report on Tuesday, January 27th. Finally, Evercore set a $107.00 price objective on Camden Property Trust in a research note on Friday, May 1st. Five equities research 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.com, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $112.98.

Camden Property Trust Trading Up 1.4%

CPT opened at $107.64 on Friday. The firm’s 50 day moving average is $102.00 and its 200-day moving average is $105.03. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $119.00. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $10.82 billion, a P/E ratio of 30.07, a P/E/G ratio of 7.89 and a beta of 0.81.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million during the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the firm 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. Analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust announced that its Board of Directors has initiated a share buyback program 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 purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Camden Property Trust Company Profile

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.