Camden Property Trust $CPT Shares Purchased by Chicago Capital LLC

Key Points

• Chicago Capital LLC increased its holdings in Camden Property Trust by 82.4% during the 2nd quarter, now owning 6,001 shares valued at approximately $676,000.
• Camden Property Trust reported earnings of $1.70 EPS for the last quarter, slightly surpassing analyst expectations, with revenues of $396.51 million showing a year-over-year increase of 2.4%.
• The company recently announced a quarterly dividend of $1.05 per share, representing an annualized yield of 3.9%, and has set its FY 2025 EPS guidance between 6.760 and 6.860.

Chicago Capital LLC grew its holdings in shares of Camden Property Trust (NYSE:CPT - Free Report) by 82.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,001 shares of the real estate investment trust's stock after purchasing an additional 2,711 shares during the quarter. Chicago Capital LLC's holdings in Camden Property Trust were worth $676,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake in shares of Camden Property Trust by 16.8% in the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust's stock worth $76,000 after buying an additional 89 shares in the last quarter. Country Club Bank raised its holdings in Camden Property Trust by 0.4% in the 1st quarter. Country Club Bank now owns 26,200 shares of the real estate investment trust's stock valued at $3,204,000 after acquiring an additional 92 shares during the last quarter. Amalgamated Bank raised its holdings in Camden Property Trust by 0.5% in the 1st quarter. Amalgamated Bank now owns 20,558 shares of the real estate investment trust's stock valued at $2,514,000 after acquiring an additional 93 shares during the last quarter. First Manhattan CO. LLC. lifted its stake in Camden Property Trust by 0.3% in the 1st quarter. First Manhattan CO. LLC. now owns 30,878 shares of the real estate investment trust's stock worth $3,809,000 after purchasing an additional 101 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Camden Property Trust by 8.5% during the 1st quarter. Signaturefd LLC now owns 1,333 shares of the real estate investment trust's stock worth $163,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 97.22% of the company's stock.

Camden Property Trust Price Performance

CPT stock opened at $106.75 on Wednesday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $11.41 billion, a PE ratio of 74.65, a P/E/G ratio of 3.61 and a beta of 0.80. Camden Property Trust has a 12-month low of $102.35 and a 12-month high of $127.65. The business's fifty day moving average price is $108.80 and its 200 day moving average price is $113.21.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. The company had revenue of $396.51 million during the quarter, compared to analysts' expectations of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.Camden Property Trust's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the business posted $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. On average, sell-side analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be paid a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, September 30th. Camden Property Trust's dividend payout ratio is presently 293.71%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Citigroup cut their price target on Camden Property Trust from $138.00 to $130.00 and set a "buy" rating for the company in a report on Thursday, August 14th. Royal Bank Of Canada cut their target price on Camden Property Trust from $120.00 to $118.00 and set a "sector perform" rating for the company in a research note on Monday, August 4th. Barclays lowered their price target on shares of Camden Property Trust from $128.00 to $127.00 and set an "overweight" rating on the stock in a research report on Tuesday. Scotiabank dropped their price objective on shares of Camden Property Trust from $136.00 to $133.00 and set a "sector perform" rating for the company in a report on Thursday, August 14th. Finally, The Goldman Sachs Group downgraded shares of Camden Property Trust from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $118.00 to $106.00 in a research note on Wednesday, September 17th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Camden Property Trust has an average rating of "Hold" and a consensus target price of $122.18.

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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