Amundi Has $28.82 Million Holdings in Camden Property Trust $CPT

Key Points

• Amundi reduced its stake in Camden Property Trust by 4.4%, selling 11,150 shares, and held 242,385 shares valued at approximately $28.8 million at the end of the last quarter.
• Camden Property Trust reported $396.51 million in revenue for the last quarter, exceeding expectations, and provided FY 2025 EPS guidance of 6.760-6.860.
• The company recently declared a quarterly dividend of $1.05 per share, yielding around 3.8%, despite a high dividend payout ratio of 293.71%.

Amundi decreased its position in Camden Property Trust (NYSE:CPT - Free Report) by 4.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 242,385 shares of the real estate investment trust's stock after selling 11,150 shares during the quarter. Amundi owned 0.23% of Camden Property Trust worth $28,818,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tsfg LLC acquired a new stake in shares of Camden Property Trust in the 1st quarter valued at about $40,000. National Pension Service raised its stake in shares of Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust's stock valued at $48,000 after purchasing an additional 167 shares during the period. Allworth Financial LP raised its stake in shares of Camden Property Trust by 47.4% in the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust's stock valued at $56,000 after purchasing an additional 158 shares during the period. Catalyst Capital Advisors LLC acquired a new stake in shares of Camden Property Trust in the 1st quarter valued at about $64,000. Finally, Intact Investment Management Inc. acquired a new stake in shares of Camden Property Trust in the 1st quarter valued at about $73,000. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Stock Performance

Camden Property Trust stock traded up $1.96 during midday trading on Thursday, reaching $110.81. 288,331 shares of the company's stock were exchanged, compared to its average volume of 971,467. Camden Property Trust has a 52 week low of $102.35 and a 52 week high of $127.69. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $11.84 billion, a price-to-earnings ratio of 77.48, a P/E/G ratio of 3.79 and a beta of 0.80. The stock's 50-day simple moving average is $110.51 and its 200 day simple moving average is $114.61.

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, topping analysts' consensus estimates of $1.69 by $0.01. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The business had revenue of $396.51 million during the quarter, compared to analysts' expectations of $393.24 million. During the same quarter last year, the company posted $1.71 earnings per share. Camden Property Trust's quarterly 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, analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

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

Wall Street Analyst Weigh In

Several analysts have issued reports on CPT shares. Evercore ISI dropped their price target on Camden Property Trust from $117.00 to $114.00 and set an "in-line" rating on the stock in a research note on Tuesday, August 12th. JPMorgan Chase & Co. raised their price objective on Camden Property Trust from $127.00 to $129.00 and gave the company an "underweight" rating in a report on Tuesday, June 17th. Wall Street Zen upgraded Camden Property Trust from a "sell" rating to a "hold" rating in a report on Saturday, August 2nd. Mizuho decreased their price objective on Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a report on Friday, May 23rd. Finally, Barclays decreased their price objective on Camden Property Trust from $137.00 to $128.00 and set an "overweight" rating for the company in a report on Tuesday, August 12th. Six investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Camden Property Trust currently has an average rating of "Hold" and a consensus target price of $123.27.

Camden Property Trust 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.