American Century Companies Inc. Has $52.02 Million Holdings in Camden Property Trust $CPT

Key Points

• American Century Companies Inc. increased its stake in Camden Property Trust by 35%, owning 425,311 shares valued at approximately $52 million after acquiring an additional 110,176 shares in Q1.
• Camden Property Trust reported $1.70 EPS for the latest quarter, slightly beating analysts' expectations and achieving a revenue of $396.51 million, a 2.4% year-over-year increase.
• The company declared a quarterly dividend of $1.05 per share, with a yield of 3.9%, while its dividend payout ratio stands at 293.71%.

American Century Companies Inc. increased its stake in Camden Property Trust (NYSE:CPT - Free Report) by 35.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 425,311 shares of the real estate investment trust's stock after purchasing an additional 110,176 shares during the quarter. American Century Companies Inc. owned about 0.40% of Camden Property Trust worth $52,016,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Townsquare Capital LLC increased its stake in shares of Camden Property Trust by 20.7% during the fourth quarter. Townsquare Capital LLC now owns 2,868 shares of the real estate investment trust's stock valued at $333,000 after acquiring an additional 491 shares during the period. Dimensional Fund Advisors LP boosted its stake in Camden Property Trust by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,592,266 shares of the real estate investment trust's stock valued at $184,763,000 after purchasing an additional 7,330 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Camden Property Trust by 35.6% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 4,938 shares of the real estate investment trust's stock valued at $573,000 after purchasing an additional 1,297 shares during the period. Norinchukin Bank The increased its position in shares of Camden Property Trust by 2.3% during the 4th quarter. Norinchukin Bank The now owns 9,307 shares of the real estate investment trust's stock valued at $1,080,000 after purchasing an additional 208 shares during the period. Finally, Natixis raised its stake in shares of 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 buying an additional 15,916 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Barclays lowered their target price on Camden Property Trust from $137.00 to $128.00 and set an "overweight" rating on the stock in a report on Tuesday, August 12th. Piper Sandler dropped their target price on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Citigroup cut their target price on shares of Camden Property Trust from $138.00 to $130.00 and set a "buy" rating for the company in a research note on Thursday, August 14th. Morgan Stanley decreased their price target on shares of Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 13th. Finally, Wall Street Zen raised Camden Property Trust from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $124.94.

Camden Property Trust Stock Up 1.2%

CPT traded up $1.3220 on Friday, reaching $109.3420. 864,766 shares of the company traded hands, compared to its average volume of 1,012,479. The stock's 50 day moving average price is $111.64 and its 200-day moving average price is $115.39. Camden Property Trust has a 52-week low of $102.35 and a 52-week high of $127.69. The company has a market cap of $11.68 billion, a price-to-earnings ratio of 76.46, a PEG ratio of 3.67 and a beta of 0.78. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18.

Camden Property Trust (NYSE:CPT - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating 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 business had revenue of $396.51 million for the quarter, compared to analysts' expectations of $393.24 million. During the same period in the previous year, the company posted $1.71 EPS. Camden Property Trust's revenue was up 2.4% on a year-over-year basis. 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 expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

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