Louisiana State Employees Retirement System Buys Shares of 5,300 Camden Property Trust $CPT

Louisiana State Employees Retirement System acquired a new stake in shares of Camden Property Trust (NYSE:CPTFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,300 shares of the real estate investment trust’s stock, valued at approximately $518,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new stake in shares of Camden Property Trust in the second quarter worth approximately $32,000. Clearstead Advisors LLC grew its holdings in Camden Property Trust by 92.0% in the fourth quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 138 shares during the period. Fulcrum Asset Management LLP acquired a new position in Camden Property Trust during the third quarter worth approximately $32,000. MUFG Securities EMEA plc purchased a new position in Camden Property Trust during the second quarter worth approximately $35,000. Finally, Prosperity Bancshares Inc purchased a new position in Camden Property Trust during the fourth quarter worth approximately $42,000. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Trading Up 0.5%

Shares of CPT opened at $117.53 on Wednesday. The stock’s 50-day moving average is $109.49 and its two-hundred day moving average is $106.94. The stock has a market cap of $11.81 billion, a PE ratio of 32.83, a P/E/G ratio of 9.02 and a beta of 0.78. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $119.81. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.42 and a quick ratio of 0.42.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to the consensus estimate of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The company’s revenue was down .5% on a year-over-year basis. During the same period last year, the business posted $1.72 EPS. 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. Equities analysts forecast that Camden Property Trust will post 6.65 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be paid a $1.06 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.6%. Camden Property Trust’s dividend payout ratio is 118.44%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Scotiabank lifted their target price on Camden Property Trust from $95.00 to $102.00 and gave the company a “sector underperform” rating in a report on Thursday, June 18th. Barclays raised their price objective on Camden Property Trust from $115.00 to $116.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Camden Property Trust in a research note on Monday, April 20th. Jefferies Financial Group upgraded Camden Property Trust to a “strong-buy” rating in a report on Friday, June 26th. Finally, UBS Group dropped their target price on shares of Camden Property Trust from $108.00 to $106.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $114.67.

Get Our Latest Research Report on CPT

About Camden Property Trust

(Free Report)

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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Institutional Ownership by Quarter for Camden Property Trust (NYSE:CPT)

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