Camden Property Trust (NYSE:CPT – Get Free Report) Director Steven Webster sold 154 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $109.18, for a total value of $16,813.72. Following the sale, the director owned 118,820 shares in the company, valued at approximately $12,972,767.60. The trade was a 0.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Camden Property Trust Stock Up 1.0%
NYSE CPT opened at $110.18 on Wednesday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81. Camden Property Trust has a fifty-two week low of $97.17 and a fifty-two week high of $126.55. The business has a 50 day moving average price of $104.93 and a two-hundred day moving average price of $107.43. The stock has a market cap of $11.72 billion, a PE ratio of 44.61, a P/E/G ratio of 3.58 and a beta of 0.81.
Camden Property Trust (NYSE:CPT – Get Free Report) last posted its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. The business had revenue of $398.24 million for the quarter, compared to analysts’ expectations of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.71 earnings per share. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. As a group, sell-side analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.
Camden Property Trust Announces Dividend
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Doliver Advisors LP bought a new stake in shares of Camden Property Trust during the 4th quarter valued at about $201,000. GAMMA Investing LLC grew its holdings in shares of Camden Property Trust by 14.6% during the fourth quarter. GAMMA Investing LLC now owns 4,599 shares of the real estate investment trust’s stock valued at $506,000 after purchasing an additional 585 shares during the last quarter. Davis Selected Advisers grew its holdings in shares of Camden Property Trust by 13.3% during the third quarter. Davis Selected Advisers now owns 89,120 shares of the real estate investment trust’s stock valued at $9,516,000 after purchasing an additional 10,470 shares during the last quarter. Allworth Financial LP raised its position in shares of Camden Property Trust by 106.5% during the 3rd quarter. Allworth Financial LP now owns 605 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 312 shares during the period. Finally, Swiss Life Asset Management Ltd lifted its holdings in shares of Camden Property Trust by 42.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 13,079 shares of the real estate investment trust’s stock worth $1,397,000 after purchasing an additional 3,874 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on CPT. Royal Bank Of Canada dropped their price objective on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Cantor Fitzgerald restated a “neutral” rating and issued a $105.00 price target on shares of Camden Property Trust in a research note on Monday, November 10th. Wells Fargo & Company cut their price target on shares of Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 25th. Scotiabank decreased their price objective on shares of Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a report on Tuesday, November 4th. Finally, The Goldman Sachs Group lowered shares of Camden Property Trust from a “neutral” rating to a “sell” rating and cut their target price for the company from $118.00 to $106.00 in a research note on Wednesday, September 17th. Six analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $116.81.
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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