3,878 Shares in Camden Property Trust $CPT Purchased by Sequoia Financial Advisors LLC

Key Points

• Sequoia Financial Advisors LLC has purchased 3,878 shares of Camden Property Trust, valued at approximately $437,000, indicating growing institutional interest in the company.
• Camden Property Trust reported $1.70 EPS for the last quarter, surpassing analyst expectations of $1.69, and announced a quarterly dividend of $1.05 per share, representing an annual yield of 4.1%.
• Analyst ratings for Camden Property Trust show a mix, with six buy ratings, nine hold ratings, and two sell ratings, reflecting diverse market sentiments about the stock.

Sequoia Financial Advisors LLC bought a new position in Camden Property Trust (NYSE:CPT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,878 shares of the real estate investment trust's stock, valued at approximately $437,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Yousif Capital Management LLC raised its holdings in shares of Camden Property Trust by 43.1% in the 2nd quarter. Yousif Capital Management LLC now owns 23,711 shares of the real estate investment trust's stock worth $2,672,000 after acquiring an additional 7,141 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Camden Property Trust by 1.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 16,789 shares of the real estate investment trust's stock worth $1,897,000 after acquiring an additional 253 shares during the last quarter. CWM LLC raised its holdings in shares of Camden Property Trust by 319.3% in the 2nd quarter. CWM LLC now owns 9,417 shares of the real estate investment trust's stock worth $1,061,000 after acquiring an additional 7,171 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Camden Property Trust by 6.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,718 shares of the real estate investment trust's stock worth $1,321,000 after acquiring an additional 708 shares during the last quarter. Finally, Aberdeen Group plc raised its holdings in shares of Camden Property Trust by 6.0% in the 2nd quarter. Aberdeen Group plc now owns 320,516 shares of the real estate investment trust's stock worth $35,704,000 after acquiring an additional 18,219 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Trading Up 0.7%

Shares of CPT stock opened at $103.11 on Tuesday. The company has a 50 day moving average of $106.93 and a 200-day moving average of $111.46. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. Camden Property Trust has a 12-month low of $100.60 and a 12-month high of $127.65. The firm has a market cap of $11.02 billion, a P/E ratio of 72.11, a PEG ratio of 3.47 and a beta of 0.80.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The company had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. During the same quarter last year, the business posted $1.71 EPS. Camden Property Trust's quarterly revenue was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Sell-side analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were paid a dividend of $1.05 per share. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. Camden Property Trust's dividend payout ratio (DPR) is presently 293.71%.

Wall Street Analyst Weigh In

CPT has been the topic of a number of analyst reports. Truist Financial lowered their target price on shares of Camden Property Trust from $131.00 to $123.00 and set a "buy" rating on the stock in a report on Wednesday, August 27th. Citigroup lowered their target price on shares of Camden Property Trust from $138.00 to $130.00 and set a "buy" rating on the stock in a report on Thursday, August 14th. UBS Group decreased their price objective on shares of Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating for the company in a research note on Tuesday, July 15th. Morgan Stanley decreased their price objective on shares of Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 13th. Finally, Piper Sandler decreased their price objective on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating for the company in a research note on Monday, August 4th. Six research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $121.61.

About Camden Property Trust

Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,250 apartment homes across the United States.

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