Strs Ohio Cuts Stock Holdings in Camden Property Trust $CPT

Strs Ohio reduced its stake in Camden Property Trust (NYSE:CPT) by 6.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,324 shares of the real estate investment trust’s stock after selling 5,303 shares during the period. Strs Ohio’s holdings in Camden Property Trust were worth $7,747,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CPT. Clearstead Advisors LLC increased its holdings in Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 138 shares during the period. CYBER HORNET ETFs LLC purchased a new position in shares of Camden Property Trust in the 2nd quarter valued at about $32,000. Fulcrum Asset Management LLP purchased a new position in shares of Camden Property Trust in the 3rd quarter valued at about $32,000. MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust during the second quarter worth about $35,000. Finally, Prosperity Bancshares Inc purchased a new stake in shares of Camden Property Trust during the fourth quarter worth approximately $42,000. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

Camden Property Trust Stock Performance

Shares of CPT opened at $117.20 on Monday. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. The firm has a market cap of $11.78 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 9.04 and a beta of 0.78. The company’s 50 day simple moving average is $108.89 and its 200-day simple moving average is $106.78. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $117.56.

Camden Property Trust (NYSE:CPT) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The firm had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. During the same quarter in the prior year, the business earned $1.72 EPS. Camden Property Trust’s quarterly revenue was down .5% compared to the same quarter last year. 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, equities analysts predict that Camden Property Trust will post 6.65 EPS for the current year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be issued a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.6%. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Analysts Set New Price Targets

A number of equities research analysts have commented on CPT shares. Barclays increased their price objective on shares of Camden Property Trust from $115.00 to $116.00 and gave the company an “equal weight” rating in a research report on Monday, May 11th. Evercore set a $113.00 target price on shares of Camden Property Trust in a research note on Monday, June 8th. Jefferies Financial Group raised Camden Property Trust to a “strong-buy” rating in a report on Friday, June 26th. Stifel Nicolaus set a $118.75 price target on Camden Property Trust in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded Camden Property Trust from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust has an average rating of “Hold” and an average price target of $114.67.

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.