Azzad Asset Management Inc. ADV Sells 11,597 Shares of Camden Property Trust $CPT

Azzad Asset Management Inc. ADV cut its stake in Camden Property Trust (NYSE:CPT) by 53.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,157 shares of the real estate investment trust’s stock after selling 11,597 shares during the period. Azzad Asset Management Inc. ADV’s holdings in Camden Property Trust were worth $992,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Maverick Capital Ltd. bought a new position in shares of Camden Property Trust in the fourth quarter worth $202,304,000. Norges Bank bought a new stake in Camden Property Trust during the fourth quarter worth about $154,587,000. Viking Global Investors LP grew its stake in Camden Property Trust by 41.6% during the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after buying an additional 1,130,718 shares in the last quarter. Invesco Ltd. grew its stake in Camden Property Trust by 38.4% during the fourth quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock worth $380,035,000 after buying an additional 957,896 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Camden Property Trust by 64.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares during the period. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Stock Performance

NYSE:CPT opened at $112.98 on Friday. The stock’s 50-day moving average is $110.05 and its 200-day moving average is $107.06. Camden Property Trust has a 1-year low of $96.53 and a 1-year high of $119.81. 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 has a market cap of $11.36 billion, a P/E ratio of 31.56, a price-to-earnings-growth ratio of 8.74 and a beta of 0.78.

Camden Property Trust (NYSE:CPT) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $378.11 million. During the same period last year, the company earned $1.72 EPS. The firm’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. Equities research 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 announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Camden Property Trust’s dividend payout ratio (DPR) is currently 118.44%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on CPT shares. Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research report on Friday, May 1st. Morgan Stanley increased their price target on shares of Camden Property Trust from $117.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Evercore set a $113.00 price objective on shares of Camden Property Trust in a research note on Monday, June 8th. Cantor Fitzgerald lowered 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. Finally, Scotiabank upped their target price on Camden Property Trust from $102.00 to $109.00 and gave the stock a “sector underperform” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Camden Property Trust currently has an average rating of “Hold” and a consensus price target of $115.11.

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.