Camden Property Trust $CPT Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System reduced its stake in shares of Camden Property Trust (NYSE:CPTFree Report) by 8.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 190,781 shares of the real estate investment trust’s stock after selling 17,660 shares during the quarter. California Public Employees Retirement System’s holdings in Camden Property Trust were worth $18,632,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. New Mexico Educational Retirement Board boosted its position in Camden Property Trust by 2.1% in the 4th quarter. New Mexico Educational Retirement Board now owns 4,900 shares of the real estate investment trust’s stock worth $539,000 after purchasing an additional 100 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of Camden Property Trust by 38.1% during the 4th quarter. Hantz Financial Services Inc. now owns 388 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 107 shares during the period. Norinchukin Bank The increased its holdings in shares of Camden Property Trust by 1.0% during the 3rd quarter. Norinchukin Bank The now owns 11,178 shares of the real estate investment trust’s stock valued at $1,194,000 after purchasing an additional 107 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Camden Property Trust by 5.6% during the 4th quarter. Concurrent Investment Advisors LLC now owns 2,157 shares of the real estate investment trust’s stock valued at $237,000 after purchasing an additional 114 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Camden Property Trust by 2.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,029 shares of the real estate investment trust’s stock valued at $554,000 after purchasing an additional 115 shares during the period. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Trading Up 0.8%

Shares of CPT stock opened at $112.90 on Friday. 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 company has a market cap of $11.35 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 8.63 and a beta of 0.78. The stock has a 50 day simple moving average of $111.52 and a 200-day simple moving average of $107.27. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81.

Camden Property Trust (NYSE:CPTGet Free Report) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.12. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm had revenue of $390.92 million for the quarter, compared to analyst estimates of $378.11 million. During the same quarter last year, the firm posted $1.72 EPS. The business’s revenue was down .5% on a year-over-year basis. 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. On average, equities research analysts expect that Camden Property Trust will post 6.66 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were given a $1.06 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. Camden Property Trust’s dividend payout ratio (DPR) is 118.44%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CPT. Wall Street Zen downgraded shares of Camden Property Trust from a “hold” rating to a “sell” rating in a report on Sunday, June 21st. Wells Fargo & Company lifted their price objective on shares of Camden Property Trust from $107.00 to $113.00 and gave the company an “equal weight” rating in a report on Wednesday. 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 research report on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a research report on Friday, July 17th. Finally, Evercore set a $113.00 target price on shares of Camden Property Trust in a research note on Monday, June 8th. Five analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $116.40.

Get Our Latest Analysis on CPT

Camden Property Trust Profile

(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.

Further Reading

Want to see what other hedge funds are holding CPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camden Property Trust (NYSE:CPTFree Report).

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

Receive News & Ratings for Camden Property Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camden Property Trust and related companies with MarketBeat.com's FREE daily email newsletter.