CIBC Asset Management Inc Has $2.60 Million Holdings in Camden Property Trust $CPT

CIBC Asset Management Inc lifted its stake in Camden Property Trust (NYSE:CPT) by 60.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,646 shares of the real estate investment trust’s stock after buying an additional 8,892 shares during the quarter. CIBC Asset Management Inc’s holdings in Camden Property Trust were worth $2,603,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Camden Property Trust by 1.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust’s stock valued at $2,257,000 after acquiring an additional 336 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Camden Property Trust by 2.4% in the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust’s stock valued at $926,000 after acquiring an additional 175 shares during the last quarter. Baird Financial Group Inc. raised its stake in shares of Camden Property Trust by 4.8% in the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust’s stock valued at $518,000 after acquiring an additional 210 shares during the last quarter. Walleye Capital LLC bought a new position in shares of Camden Property Trust in the second quarter valued at approximately $219,000. Finally, Federated Hermes Inc. raised its stake in shares of Camden Property Trust by 265.0% in the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust’s stock valued at $554,000 after acquiring an additional 3,570 shares during the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $112.57 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market cap of $11.32 billion, a P/E ratio of 31.44, a P/E/G ratio of 8.37 and a beta of 0.80. The firm has a 50 day simple moving average of $103.78 and a 200 day simple moving average of $105.52. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.00.

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, beating 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 business had revenue of $390.92 million during the quarter, compared to analyst estimates of $378.11 million. During the same quarter last year, the business posted $1.72 earnings per share. Camden Property Trust’s revenue for the quarter 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. Sell-side analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Cantor Fitzgerald cut their target price on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research note on Monday, April 20th. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research note on Friday, May 1st. Wells Fargo & Company raised their price target on shares of Camden Property Trust from $106.00 to $107.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Scotiabank lowered shares of Camden Property Trust from a “sector perform” rating to a “sector underperform” rating and lowered their price target for the company from $113.00 to $95.00 in a report on Thursday, May 14th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Camden Property Trust has an average rating of “Hold” and a consensus target price of $113.05.

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.