QRG Capital Management Inc. Sells 19,163 Shares of Camden Property Trust $CPT

QRG Capital Management Inc. lessened its position in Camden Property Trust (NYSE:CPT) by 86.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 3,006 shares of the real estate investment trust’s stock after selling 19,163 shares during the period. QRG Capital Management Inc.’s holdings in Camden Property Trust were worth $321,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of CPT. Quent Capital LLC bought a new position in shares of Camden Property Trust in the 3rd quarter worth $29,000. Loomis Sayles & Co. L P acquired a new position in Camden Property Trust during the second quarter worth $32,000. CYBER HORNET ETFs LLC bought a new position in shares of Camden Property Trust in the second quarter valued at $32,000. True Wealth Design LLC lifted its stake in shares of Camden Property Trust by 234.4% in the third quarter. True Wealth Design LLC now owns 321 shares of the real estate investment trust’s stock valued at $34,000 after buying an additional 225 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Camden Property Trust during the second quarter valued at about $35,000. 97.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CPT has been the topic of a number of analyst reports. Mizuho upped their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Scotiabank lowered their price objective on Camden Property Trust from $126.00 to $115.00 and set a “sector perform” rating for the company in a research note on Tuesday, November 4th. Evercore ISI cut their target price on Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Camden Property Trust in a research report on Wednesday. Finally, Wells Fargo & Company dropped their price objective on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and a consensus target price of $117.51.

Insider Buying and Selling at Camden Property Trust

In related news, CFO Alexander J. Jessett sold 5,627 shares of Camden Property Trust stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $617,225.63. Following the completion of the transaction, the chief financial officer directly owned 141,821 shares in the company, valued at approximately $15,556,345.49. The trade was a 3.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Laurie Baker sold 531 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $109.79, for a total transaction of $58,298.49. Following the sale, the chief operating officer directly owned 96,786 shares in the company, valued at $10,626,134.94. The trade was a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,288 shares of company stock worth $5,741,857 over the last three months. Company insiders own 1.80% of the company’s stock.

Camden Property Trust Price Performance

Camden Property Trust stock opened at $107.78 on Friday. The business’s 50 day simple moving average is $106.83 and its 200 day simple moving average is $107.02. Camden Property Trust has a 12 month low of $97.17 and a 12 month high of $126.55. The company has a market cap of $11.47 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 3.92 and a beta of 0.81. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.81.

Camden Property Trust (NYSE:CPT) last issued its earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.02. The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a return on equity of 5.75% and a net margin of 17.15%.The business’s revenue was up 2.2% on a year-over-year basis. 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. Sell-side analysts forecast that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 17th were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Wednesday, December 17th. Camden Property Trust’s dividend payout ratio (DPR) is currently 170.04%.

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.