Envestnet Asset Management Inc. Decreases Stock Position in Camden Property Trust $CPT

Envestnet Asset Management Inc. cut its stake in Camden Property Trust (NYSE:CPT) by 2.4% in the third quarter, Holdings Channel reports. The institutional investor owned 198,613 shares of the real estate investment trust’s stock after selling 4,969 shares during the period. Envestnet Asset Management Inc.’s holdings in Camden Property Trust were worth $21,208,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CPT. Telos Capital Management Inc. raised its stake in shares of Camden Property Trust by 5.9% in the third quarter. Telos Capital Management Inc. now owns 13,589 shares of the real estate investment trust’s stock valued at $1,451,000 after acquiring an additional 759 shares during the period. Allianz Asset Management GmbH raised its position in Camden Property Trust by 7.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 166,280 shares of the real estate investment trust’s stock worth $17,755,000 after purchasing an additional 11,983 shares during the period. Jones Financial Companies Lllp raised its position in Camden Property Trust by 107.0% in the 3rd quarter. Jones Financial Companies Lllp now owns 826 shares of the real estate investment trust’s stock worth $88,000 after purchasing an additional 427 shares during the period. State of Wyoming bought a new stake in Camden Property Trust in the third quarter worth about $385,000. Finally, National Pension Service boosted its position in shares of Camden Property Trust by 41.0% during the third quarter. National Pension Service now owns 2,432 shares of the real estate investment trust’s stock valued at $260,000 after buying an additional 707 shares during the period. Institutional investors own 97.22% of the company’s stock.

Camden Property Trust Stock Up 1.0%

Shares of Camden Property Trust stock opened at $108.50 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.13. The stock has a market cap of $11.54 billion, a price-to-earnings ratio of 30.65, a PEG ratio of 7.21 and a beta of 0.82. The firm’s 50-day moving average is $107.88 and its two-hundred day moving average is $106.45. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $126.55.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.73 by ($0.29). Camden Property Trust had a return on equity of 8.36% and a net margin of 24.43%.The business had revenue of $396.08 million during the quarter, compared to analysts’ expectations of $393.05 million. During the same period in the previous year, the company posted $1.73 EPS. Camden Property Trust’s revenue for the quarter was up 1.2% on a year-over-year basis. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. As a group, research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be given a dividend of $1.06 per share. This is a boost from Camden Property Trust’s previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 3.9%. Camden Property Trust’s payout ratio is 118.64%.

Camden Property Trust declared that its board has approved a stock repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the real estate investment trust to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Piper Sandler set a $108.00 price target on Camden Property Trust in a report on Tuesday, January 27th. Wall Street Zen upgraded Camden Property Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Cantor Fitzgerald boosted their target price on shares of Camden Property Trust from $105.00 to $108.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Mizuho upped their price target 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. Finally, Stifel Nicolaus set a $118.50 price objective on shares of Camden Property Trust in a report on Friday, February 6th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and an average target price of $117.15.

Insider Buying and Selling

In other news, CEO Richard J. Campo sold 38,021 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.78, for a total value of $4,173,945.38. Following the completion of the transaction, the chief executive officer directly owned 301,156 shares of the company’s stock, valued at approximately $33,060,905.68. The trade was a 11.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Laurie Baker sold 531 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.79, for a total value of $58,298.49. Following the sale, the chief operating officer owned 96,786 shares of the company’s stock, valued at $10,626,134.94. This trade represents a 0.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 52,288 shares of company stock valued at $5,741,857. 1.80% of the stock is owned by insiders.

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.