Ancora Advisors LLC Buys 38,795 Shares of Camden Property Trust $CPT

Ancora Advisors LLC boosted its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 281.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,595 shares of the real estate investment trust's stock after purchasing an additional 38,795 shares during the period. Ancora Advisors LLC owned 0.05% of Camden Property Trust worth $558,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Camden Property Trust by 1.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust's stock worth $2,257,000 after purchasing an additional 336 shares during the period. Focus Partners Wealth grew its position in Camden Property Trust by 2.4% in the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust's stock valued at $926,000 after purchasing an additional 175 shares in the last quarter. Baird Financial Group Inc. increased its stake in Camden Property Trust by 4.8% in the 2nd quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust's stock valued at $518,000 after buying an additional 210 shares during the last quarter. Walleye Capital LLC bought a new stake in Camden Property Trust during the 2nd quarter worth about $219,000. Finally, Federated Hermes Inc. increased its position in shares of Camden Property Trust by 265.0% in the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust's stock valued at $554,000 after acquiring an additional 3,570 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Stock Up 0.5%

Camden Property Trust stock opened at $106.34 on Friday. The firm has a 50 day moving average price of $111.90 and a 200-day moving average price of $107.61. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 1.25. Camden Property Trust has a twelve month low of $96.53 and a twelve month high of $119.81. The company has a market capitalization of $10.69 billion, a P/E ratio of 35.21, a P/E/G ratio of 7.50 and a beta of 0.77.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 EPS for the quarter, missing the consensus estimate of $1.67 by ($1.49). The firm had revenue of $396.07 million during the quarter, compared to the consensus estimate of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. As a group, equities analysts predict that Camden Property Trust will post 6.75 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were paid a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust's dividend payout ratio (DPR) is presently 140.40%.

Analysts Set New Price Targets

Several brokerages have recently commented on CPT. Mizuho lifted their target price on Camden Property Trust from $120.00 to $125.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 10th. Royal Bank Of Canada raised their price target on Camden Property Trust from $104.00 to $105.00 and gave the stock a "sector perform" rating in a research report on Monday, May 4th. Stifel Nicolaus set a $123.25 price objective on shares of Camden Property Trust in a research report on Friday, July 31st. Piper Sandler raised their target price on Camden Property Trust from $108.00 to $119.00 and gave the company a "neutral" rating in a report on Tuesday, July 21st. Finally, Barclays upped their price objective on Camden Property Trust from $122.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Monday, August 17th. Three 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, the company presently has a consensus rating of "Hold" and a consensus target price of $116.27.

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.

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