Public Employees Retirement System of Ohio lowered its position in shares of Camden Property Trust (NYSE:CPT – Free Report) by 13.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,009 shares of the real estate investment trust’s stock after selling 24,678 shares during the period. Public Employees Retirement System of Ohio’s holdings in Camden Property Trust were worth $15,138,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of the business. State Street Corp raised its stake in Camden Property Trust by 1.5% in the third quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust’s stock valued at $815,470,000 after buying an additional 111,215 shares in the last quarter. Viking Global Investors LP boosted its position in shares of Camden Property Trust by 23.9% during the 4th quarter. Viking Global Investors LP now owns 4,764,495 shares of the real estate investment trust’s stock worth $524,476,000 after acquiring an additional 917,755 shares in the last quarter. Invesco Ltd. boosted its position in shares of Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after acquiring an additional 957,896 shares in the last quarter. Centersquare Investment Management LLC increased its holdings in shares of Camden Property Trust by 3.6% in the 4th quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock valued at $311,373,000 after acquiring an additional 98,130 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Camden Property Trust by 64.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after acquiring an additional 825,769 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Wall Street Zen cut Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Piper Sandler increased their price target on shares of Camden Property Trust from $108.00 to $119.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Mizuho raised their price objective on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. UBS Group reduced their price objective 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. Finally, Barclays upped their target price on shares of Camden Property Trust from $116.00 to $122.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $116.40.
Camden Property Trust Stock Up 0.0%
Camden Property Trust stock opened at $113.75 on Monday. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42. The company has a market capitalization of $11.43 billion, a P/E ratio of 31.77, a PEG ratio of 8.76 and a beta of 0.78. The stock has a 50-day simple moving average of $111.74 and a 200-day simple moving average of $107.30.
Camden Property Trust (NYSE:CPT – Get Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. The firm had revenue of $390.92 million during the quarter, compared to analysts’ expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.72 EPS. 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. Equities research analysts expect that Camden Property Trust will post 6.66 earnings per share for the current year.
Camden Property Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Camden Property Trust’s dividend payout ratio is presently 118.44%.
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.
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