Bank of New York Mellon Corp Has $79.72 Million Stock Position in Camden Property Trust $CPT

Bank of New York Mellon Corp trimmed its position in Camden Property Trust (NYSE:CPT) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 724,213 shares of the real estate investment trust’s stock after selling 57,086 shares during the quarter. Bank of New York Mellon Corp’s holdings in Camden Property Trust were worth $79,721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CPT. Abich Financial Wealth Management LLC bought a new stake in shares of Camden Property Trust in the 3rd quarter worth about $25,000. Hantz Financial Services Inc. boosted its stake in shares of Camden Property Trust by 524.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 236 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of Camden Property Trust by 92.0% in the 4th 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 last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Camden Property Trust in the 2nd quarter valued at about $32,000. Finally, Fulcrum Asset Management LLP bought a new position in shares of Camden Property Trust in the 3rd quarter valued at about $32,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on CPT shares. Wells Fargo & Company lifted their price objective on shares of Camden Property Trust from $106.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Camden Property Trust in a report on Monday, April 20th. Wall Street Zen cut shares of Camden Property Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Cantor Fitzgerald decreased 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. Finally, Evercore set a $113.00 price objective on shares of Camden Property Trust in a research report on Monday. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Camden Property Trust currently has a consensus rating of “Hold” and an average price target of $113.42.

Camden Property Trust Stock Performance

NYSE:CPT opened at $113.06 on Tuesday. The stock has a market cap of $11.37 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 8.37 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. The stock’s 50-day moving average is $104.09 and its 200-day moving average is $105.60. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.00.

Camden Property Trust (NYSE:CPT) 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. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The business had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period in the prior year, the business posted $1.72 earnings per share. The firm’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. Equities research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

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.