U.S. Capital Wealth Advisors LLC Boosts Position in Camden Property Trust $CPT

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Camden Property Trust by 11.7%, holding 69,708 shares valued at approximately $7.85 million as of the latest SEC filing.
• Camden Property Trust reported $1.70 EPS for its most recent quarter, surpassing analyst expectations, and had a revenue of $396.51 million, a 2.4% increase year-over-year.
• The company announced a quarterly dividend of $1.05 per share with a dividend yield of 3.9%, while its payout ratio stands at a notable 293.71%.

U.S. Capital Wealth Advisors LLC raised its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 11.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,708 shares of the real estate investment trust's stock after buying an additional 7,275 shares during the quarter. U.S. Capital Wealth Advisors LLC owned about 0.07% of Camden Property Trust worth $7,855,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of CPT. Royal Bank of Canada grew its holdings in shares of Camden Property Trust by 49.6% in the fourth quarter. Royal Bank of Canada now owns 167,807 shares of the real estate investment trust's stock valued at $19,472,000 after purchasing an additional 55,674 shares in the last quarter. GF Fund Management CO. LTD. purchased a new position in Camden Property Trust during the fourth quarter worth $225,000. Toronto Dominion Bank boosted its stake in Camden Property Trust by 8.4% during the fourth quarter. Toronto Dominion Bank now owns 57,073 shares of the real estate investment trust's stock worth $6,623,000 after buying an additional 4,404 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Camden Property Trust during the fourth quarter worth $10,661,000. Finally, Siemens Fonds Invest GmbH boosted its stake in Camden Property Trust by 547.1% during the fourth quarter. Siemens Fonds Invest GmbH now owns 11,525 shares of the real estate investment trust's stock worth $1,337,000 after buying an additional 9,744 shares during the period. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Price Performance

Shares of NYSE:CPT traded up $0.25 during midday trading on Monday, reaching $108.20. 687,151 shares of the company's stock traded hands, compared to its average volume of 847,323. Camden Property Trust has a 1 year low of $102.35 and a 1 year high of $127.69. The company has a market cap of $11.56 billion, a P/E ratio of 75.67, a PEG ratio of 3.66 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. The company has a fifty day simple moving average of $109.65 and a two-hundred day simple moving average of $113.68.

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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. The firm had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The business's revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the firm 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. Equities analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Announces Dividend

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

Analysts Set New Price Targets

CPT has been the subject of several recent analyst reports. UBS Group dropped their price objective on shares of Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating for the company in a research note on Tuesday, July 15th. The Goldman Sachs Group downgraded Camden Property Trust from a "neutral" rating to a "sell" rating and decreased their price objective for the company from $118.00 to $106.00 in a report on Wednesday, September 17th. Stifel Nicolaus upgraded shares of Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 target price for the company in a report on Tuesday, August 26th. Scotiabank cut their price objective on shares of Camden Property Trust from $136.00 to $133.00 and set a "sector perform" rating on the stock in a report on Thursday, August 14th. Finally, Wells Fargo & Company cut their price objective on shares of Camden Property Trust from $120.00 to $112.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 27th. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $122.25.

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.