Barclays PLC Buys 49,757 Shares of Camden Property Trust $CPT

Key Points

• Barclays PLC increased its stake in Camden Property Trust by 18.5% in Q3, purchasing 49,757 shares and now owns 318,526 shares (about 0.30% of the company) valued at roughly $34.01 million.
• Camden raised its quarterly dividend to $1.06 (annualized $4.24, ~4.1% yield) and the board approved a $600 million share buyback authorization (up to 5.2% of outstanding shares).

Barclays PLC increased its position in Camden Property Trust (NYSE:CPT - Free Report) by 18.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 318,526 shares of the real estate investment trust's stock after purchasing an additional 49,757 shares during the period. Barclays PLC owned approximately 0.30% of Camden Property Trust worth $34,012,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in Camden Property Trust during the 3rd quarter valued at about $25,000. Quent Capital LLC purchased a new position in shares of Camden Property Trust in the 3rd quarter worth $29,000. Hantz Financial Services Inc. grew its stake in shares of Camden Property Trust by 524.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 281 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 236 shares during the period. Loomis Sayles & Co. L P bought a new stake in Camden Property Trust during the second quarter valued at approximately $32,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Camden Property Trust in the 2nd quarter worth $32,000. Institutional investors own 97.22% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on CPT shares. Morgan Stanley lowered their price target on Camden Property Trust from $124.00 to $123.00 and set an "equal weight" rating on the stock in a report on Thursday, November 13th. Wells Fargo & Company reduced their price target on shares of Camden Property Trust from $111.00 to $110.00 and set an "equal weight" rating on the stock in a report on Tuesday, November 25th. Bank of America dropped their price objective on shares of Camden Property Trust from $142.00 to $137.00 and set a "buy" rating for the company in a report on Wednesday, November 12th. Cantor Fitzgerald raised their price objective on Camden Property Trust from $105.00 to $108.00 and gave the company a "neutral" rating in a research report on Monday, February 9th. Finally, Truist Financial boosted their target price on Camden Property Trust from $116.00 to $118.00 and gave the stock a "buy" rating in a research report on Tuesday, January 20th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $115.41.

Camden Property Trust Price Performance

CPT opened at $103.55 on Wednesday. Camden Property Trust has a 1 year low of $97.17 and a 1 year high of $124.32. The business's 50-day moving average is $108.34 and its two-hundred day moving average is $106.48. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market capitalization of $10.71 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 7.10 and a beta of 0.82.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.73 by ($0.29). The company had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The company's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.73 EPS. Camden Property Trust has set its Q1 2026 guidance at 1.640-1.680 EPS and its FY 2026 guidance at 6.600-6.900 EPS. Research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be issued a $1.06 dividend. This represents a $4.24 annualized dividend and a yield of 4.1%. The ex-dividend date is Tuesday, March 31st. This is a positive change from Camden Property Trust's previous quarterly dividend of $1.05. Camden Property Trust's dividend payout ratio (DPR) is presently 118.64%.

Camden Property Trust announced that its Board of Directors has approved a share buyback plan on Thursday, February 5th that allows the company to repurchase $600.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Heather J. Brunner sold 2,104 shares of the company's stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $230,787.76. Following the completion of the transaction, the director directly owned 10,205 shares of the company's stock, valued at approximately $1,119,386.45. This represents a 17.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Richard J. Campo sold 38,021 shares of Camden Property Trust stock in a transaction on Monday, January 5th. The shares were sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the completion of the transaction, the chief executive officer directly owned 301,156 shares in the company, valued at $33,060,905.68. The trade was a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 54,625 shares of company stock valued at $5,995,193. Insiders own 1.90% of the company's stock.

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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