6,028 Shares in Camden Property Trust $CPT Bought by Purpose Unlimited Inc.

Purpose Unlimited Inc. bought a new position in shares of Camden Property Trust (NYSE:CPT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,028 shares of the real estate investment trust’s stock, valued at approximately $664,000.

Several other institutional investors also recently bought and sold shares of the stock. Hsbc Holdings PLC increased its holdings in shares of Camden Property Trust by 3.4% during the 4th quarter. Hsbc Holdings PLC now owns 523,824 shares of the real estate investment trust’s stock valued at $57,722,000 after acquiring an additional 17,270 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in Camden Property Trust by 14.3% in the 4th quarter. Corient Private Wealth LLC now owns 40,734 shares of the real estate investment trust’s stock worth $4,485,000 after purchasing an additional 5,089 shares during the last quarter. DGS Capital Management LLC acquired a new stake in Camden Property Trust in the 4th quarter worth approximately $316,000. Pacer Advisors Inc. boosted its position in Camden Property Trust by 102.3% during the fourth quarter. Pacer Advisors Inc. now owns 17,239 shares of the real estate investment trust’s stock worth $1,898,000 after purchasing an additional 8,716 shares during the period. Finally, Kera Capital Partners Inc. boosted its position in Camden Property Trust by 162.2% during the fourth quarter. Kera Capital Partners Inc. now owns 6,446 shares of the real estate investment trust’s stock worth $703,000 after purchasing an additional 3,988 shares during the period. 97.22% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Truist Financial lifted their price target on shares of Camden Property Trust from $118.00 to $123.00 and gave the company a “buy” rating in a research report on Thursday, June 11th. Cantor Fitzgerald decreased their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating for the company in a report 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. Morgan Stanley set a $117.00 target price on shares of Camden Property Trust in a report on Friday, May 15th. Finally, Wall Street Zen lowered shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research report on Sunday. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Camden Property Trust presently has a consensus rating of “Hold” and a consensus price target of $114.48.

Camden Property Trust Stock Up 0.1%

CPT opened at $109.14 on Monday. The business has a 50 day moving average of $106.43 and a 200-day moving average of $106.07. The stock has a market capitalization of $10.97 billion, a price-to-earnings ratio of 30.49, a P/E/G ratio of 8.24 and a beta of 0.80. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.04. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $117.50.

Camden Property Trust (NYSE:CPT) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $378.11 million. During the same quarter in the previous year, the firm posted $1.72 earnings per share. Camden Property Trust’s revenue 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. As a group, sell-side analysts anticipate that Camden Property Trust will post 6.65 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.9%. Camden Property Trust’s dividend payout ratio is currently 118.44%.

Camden Property Trust 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.