Camden Property Trust $CPT Shares Sold by Aurora Investment Managers LLC.

Key Points

• Aurora Investment Managers cut its Camden Property Trust stake by 71.7% in the second quarter, selling 12,888 shares and retaining 5,086 shares valued at approximately $582,000. Institutional investors collectively own 97.22% of CPT.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $117.25. Individual targets range from $109 to $123.25, while CPT recently traded at $111.86.
• Camden reported quarterly revenue of $396.07 million, ahead of expectations, but EPS of $0.18 fell well short of the $1.67 consensus estimate. The REIT declared a $1.06 quarterly dividend, equivalent to a 3.8% annual yield.

Aurora Investment Managers LLC. reduced its stake in Camden Property Trust (NYSE:CPT - Free Report) by 71.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,086 shares of the real estate investment trust's stock after selling 12,888 shares during the quarter. Aurora Investment Managers LLC.'s holdings in Camden Property Trust were worth $582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CPT. Clearstead Advisors LLC raised its stake in shares of Camden Property Trust by 92.0% during the 4th quarter. Clearstead Advisors LLC now owns 288 shares of the real estate investment trust's stock valued at $32,000 after buying an additional 138 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Camden Property Trust in the 2nd quarter worth approximately $32,000. Fulcrum Asset Management LLP acquired a new stake in shares of Camden Property Trust during the 3rd quarter worth approximately $32,000. MUFG Securities EMEA plc acquired a new stake in shares of Camden Property Trust during the 2nd quarter worth approximately $35,000. Finally, Summit Securities Group LLC increased its holdings in shares of Camden Property Trust by 169.6% during the 1st quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 268 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company's stock.

Analysts Set New Price Targets

CPT has been the subject of a number of analyst reports. Truist Financial upped their price target on Camden Property Trust from $118.00 to $123.00 and gave the stock a "buy" rating in a report on Thursday, June 11th. Stifel Nicolaus set a $123.25 price target on shares of Camden Property Trust in a research note on Friday, July 31st. Scotiabank boosted their price target on shares of Camden Property Trust from $102.00 to $109.00 and gave the stock a "sector underperform" rating in a report on Thursday, July 9th. Piper Sandler upped their price objective on shares of Camden Property Trust from $108.00 to $119.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $114.00 price objective on shares of Camden Property Trust in a report on Monday, July 20th. Five research 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $117.25.

Camden Property Trust Stock Up 1.0%

Camden Property Trust stock opened at $111.86 on Friday. The company has a market capitalization of $11.25 billion, a P/E ratio of 37.04, a PEG ratio of 8.42 and a beta of 0.77. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.42 and a current ratio of 0.18. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $119.81. The stock has a 50-day simple moving average of $112.88 and a 200-day simple moving average of $107.57.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.67 by ($1.49). Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%.The company had revenue of $396.07 million for the quarter, compared to analysts' expectations of $392.88 million. During the same period in the prior year, the business earned $1.70 EPS. The business's quarterly revenue was up 7.4% compared to the same quarter last year. 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. Equities research analysts expect that Camden Property Trust will post 6.74 earnings per share for the current year.

Camden Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were given a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Camden Property Trust's dividend payout ratio is currently 140.40%.

About Camden Property Trust

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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