Aberdeen Group plc Has $37.29 Million Holdings in Camden Property Trust $CPT

Key Points

• Aberdeen Group plc increased its stake in Camden Property Trust by 9.0%, acquiring an additional 25,055 shares during the 1st quarter, bringing its total ownership to 302,297 shares valued at approximately $37.3 million.
• Camden Property Trust reported a quarterly EPS of $1.70, beating analysts' expectations, with revenue of $396.51 million, a 2.4% increase compared to the prior year.
• The company announced a quarterly dividend of $1.05, yielding 3.9%, despite a high payout ratio of 293.71%.

Aberdeen Group plc grew its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 9.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 302,297 shares of the real estate investment trust's stock after acquiring an additional 25,055 shares during the quarter. Aberdeen Group plc owned 0.28% of Camden Property Trust worth $37,293,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of CPT. Northern Trust Corp increased its position in Camden Property Trust by 33.7% during the 4th quarter. Northern Trust Corp now owns 1,420,076 shares of the real estate investment trust's stock valued at $164,786,000 after purchasing an additional 357,718 shares during the period. Natixis increased its holdings in Camden Property Trust by 741.3% in the 4th quarter. Natixis now owns 18,063 shares of the real estate investment trust's stock worth $2,096,000 after acquiring an additional 15,916 shares during the last quarter. Jump Financial LLC boosted its position in shares of Camden Property Trust by 32.1% during the 4th quarter. Jump Financial LLC now owns 20,777 shares of the real estate investment trust's stock valued at $2,411,000 after acquiring an additional 5,051 shares during the last quarter. MQS Management LLC bought a new stake in Camden Property Trust in the 1st quarter worth approximately $1,421,000. Finally, Freestone Grove Partners LP purchased a new stake in shares of Camden Property Trust during the fourth quarter valued at approximately $591,000. Institutional investors own 97.22% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on CPT shares. Morgan Stanley cut their target price on Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 13th. Royal Bank Of Canada reduced their price objective on Camden Property Trust from $120.00 to $118.00 and set a "sector perform" rating on the stock in a research note on Monday, August 4th. Piper Sandler dropped their price objective on Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating for the company in a report on Monday, August 4th. JPMorgan Chase & Co. upped their target price on Camden Property Trust from $127.00 to $129.00 and gave the stock an "underweight" rating in a report on Tuesday, June 17th. Finally, Scotiabank decreased their price objective on Camden Property Trust from $136.00 to $133.00 and set a "sector perform" rating for the company in a research note on Thursday, August 14th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $124.94.

Camden Property Trust Trading Up 1.5%

CPT stock traded up $1.6720 during midday trading on Friday, hitting $109.6920. 301,127 shares of the company's stock were exchanged, compared to its average volume of 980,876. Camden Property Trust has a 1-year low of $102.35 and a 1-year high of $127.69. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The business has a 50-day simple moving average of $111.77 and a two-hundred day simple moving average of $115.43. The stock has a market capitalization of $11.72 billion, a PE ratio of 76.71, a P/E/G ratio of 3.68 and a beta of 0.78.

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

Camden Property Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were given a dividend of $1.05 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $4.20 annualized dividend and a dividend yield of 3.8%. Camden Property Trust's dividend payout ratio (DPR) is presently 293.71%.

Camden Property Trust Company Profile

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.