Boston Trust Walden Corp Has $35.78 Million Position in Camden Property Trust $CPT

Key Points

• Boston Trust Walden Corp has increased its stake in Camden Property Trust by 7.7%, now owning 317,477 shares valued at approximately $35.78 million.
• Camden Property Trust reported earnings per share (EPS) of $1.70, exceeding analysts' estimates, along with a quarterly revenue of $396.51 million, reflecting a 2.4% year-over-year increase.
• The company announced a quarterly dividend of $1.05 per share, resulting in an annualized dividend yield of 4.1%, despite a high dividend payout ratio of 293.71%.

Boston Trust Walden Corp grew its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 7.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 317,477 shares of the real estate investment trust's stock after acquiring an additional 22,635 shares during the period. Boston Trust Walden Corp owned 0.30% of Camden Property Trust worth $35,776,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. TD Asset Management Inc grew its holdings in Camden Property Trust by 33.5% during the 2nd quarter. TD Asset Management Inc now owns 37,294 shares of the real estate investment trust's stock worth $4,203,000 after acquiring an additional 9,360 shares during the period. Naviter Wealth LLC grew its holdings in Camden Property Trust by 16.2% during the 2nd quarter. Naviter Wealth LLC now owns 7,125 shares of the real estate investment trust's stock worth $810,000 after acquiring an additional 992 shares during the period. Verdence Capital Advisors LLC grew its holdings in Camden Property Trust by 3.9% during the 2nd quarter. Verdence Capital Advisors LLC now owns 3,467 shares of the real estate investment trust's stock worth $391,000 after acquiring an additional 130 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in Camden Property Trust by 3.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,570 shares of the real estate investment trust's stock worth $853,000 after acquiring an additional 249 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Camden Property Trust in the 2nd quarter valued at about $437,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Price Performance

CPT stock opened at $102.17 on Wednesday. The company has a market capitalization of $10.92 billion, a P/E ratio of 71.45, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 52-week low of $100.60 and a 52-week high of $127.65. The business has a 50-day simple moving average of $107.20 and a two-hundred day simple moving average of $111.98.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly 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 business had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Research analysts expect that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 4.1%. Camden Property Trust's dividend payout ratio (DPR) is currently 293.71%.

Analyst Ratings Changes

CPT has been the subject of several research reports. Scotiabank reduced their target price 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. Truist Financial reduced their target price on Camden Property Trust from $131.00 to $123.00 and set a "buy" rating for the company in a research note on Wednesday, August 27th. Citigroup reduced their target price on 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. Cantor Fitzgerald initiated coverage on Camden Property Trust in a research note on Wednesday, October 1st. They issued a "neutral" rating and a $115.00 target price for the company. Finally, Morgan Stanley reduced their target price on Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 13th. Six analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, Camden Property Trust presently has an average rating of "Hold" and an average price target of $121.61.

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.

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