Camden Property Trust $CPT Stock Position Decreased by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its holdings in shares of Camden Property Trust (NYSE:CPT) by 2.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 704,869 shares of the real estate investment trust’s stock after selling 19,344 shares during the period. Bank of New York Mellon Corp’s holdings in Camden Property Trust were worth $68,837,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Maverick Capital Ltd. acquired a new position in Camden Property Trust in the fourth quarter valued at approximately $202,304,000. Norges Bank bought a new stake in shares of Camden Property Trust in the 4th quarter worth approximately $154,587,000. Viking Global Investors LP lifted its holdings in shares of Camden Property Trust by 41.6% in the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust’s stock worth $410,755,000 after purchasing an additional 1,130,718 shares during the last quarter. Invesco Ltd. boosted its position in Camden Property Trust by 38.4% during the 4th quarter. Invesco Ltd. now owns 3,452,355 shares of the real estate investment trust’s stock valued at $380,035,000 after purchasing an additional 957,896 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Camden Property Trust by 64.1% during 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 purchasing an additional 825,769 shares during the period. Institutional investors own 97.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on CPT. Barclays increased their target price on Camden Property Trust from $116.00 to $122.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Mizuho upped their price target on shares of Camden Property Trust from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Piper Sandler increased their price objective on shares of Camden Property Trust from $108.00 to $119.00 and gave the stock a “neutral” rating in a report on Tuesday. Cantor Fitzgerald cut their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Finally, Stifel Nicolaus set a $118.75 target price on shares of Camden Property Trust in a research note on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $116.40.

Camden Property Trust Stock Performance

Shares of NYSE CPT opened at $111.97 on Thursday. Camden Property Trust has a 1 year low of $96.53 and a 1 year high of $119.81. The firm has a market cap of $11.26 billion, a P/E ratio of 31.28, a PEG ratio of 8.64 and a beta of 0.78. The stock has a fifty day moving average price of $111.34 and a two-hundred day moving average price of $107.25. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.42 and a current ratio of 0.42.

Camden Property Trust (NYSE:CPT) last issued its quarterly 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 firm had revenue of $390.92 million for the quarter, compared to analysts’ expectations of $378.11 million. During the same period in the previous year, the business earned $1.72 earnings per share. Camden Property Trust’s revenue for the quarter 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. Research analysts forecast that Camden Property Trust will post 6.65 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust’s payout ratio is presently 118.44%.

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.