Camden Property Trust $CPT Shares Sold by CI Investments Inc.

Key Points

• CI Investments Inc. trimmed its stake in Camden Property Trust by 85.7% in the third quarter, selling 339,284 shares and retaining 56,818 shares worth about $6.07 million.
• Camden missed quarterly EPS ($1.44 vs. $1.73 consensus) while revenue slightly beat, and the board authorized a $600 million buyback (up to ~5.2% of shares) with Q1 2026 guidance of 1.640–1.680 EPS and FY2026 guidance of 6.600–6.900 EPS.
• The company raised its quarterly dividend to $1.06 (annualized $4.24, ~3.9% yield) but the dividend payout ratio is high at 118.64%, and insiders sold roughly 54,625 shares last quarter, including CEO Richard J. Campo's 38,021-share sale.

CI Investments Inc. trimmed its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 85.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,818 shares of the real estate investment trust's stock after selling 339,284 shares during the quarter. CI Investments Inc. owned about 0.05% of Camden Property Trust worth $6,067,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Wolverine Asset Management LLC boosted its stake in Camden Property Trust by 384.1% during the 3rd quarter. Wolverine Asset Management LLC now owns 28,279 shares of the real estate investment trust's stock valued at $3,020,000 after purchasing an additional 22,438 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in shares of Camden Property Trust by 7.8% in the third quarter. Allianz Asset Management GmbH now owns 166,280 shares of the real estate investment trust's stock valued at $17,755,000 after buying an additional 11,983 shares during the period. CORDA Investment Management LLC. lifted its holdings in shares of Camden Property Trust by 2.4% in the third quarter. CORDA Investment Management LLC. now owns 214,028 shares of the real estate investment trust's stock valued at $22,854,000 after buying an additional 5,097 shares during the period. Y Intercept Hong Kong Ltd boosted its stake in Camden Property Trust by 558.0% during the third quarter. Y Intercept Hong Kong Ltd now owns 46,671 shares of the real estate investment trust's stock valued at $4,984,000 after buying an additional 39,578 shares in the last quarter. Finally, Consolidated Investment Group LLC acquired a new position in Camden Property Trust during the third quarter worth about $1,911,000. 97.22% of the stock is currently owned by institutional investors.

Camden Property Trust Stock Up 0.5%

Shares of NYSE:CPT opened at $108.78 on Thursday. The firm has a 50 day simple moving average of $108.63 and a 200 day simple moving average of $106.54. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $124.61. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.14 and a current ratio of 0.14. The company has a market cap of $11.25 billion, a PE ratio of 30.73, a price-to-earnings-growth ratio of 7.43 and a beta of 0.82.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.73 by ($0.29). The firm 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%. Camden Property Trust's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the firm earned $1.73 earnings per share. 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. As a group, research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust announced that its Board of Directors has initiated a stock buyback program on Thursday, February 5th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the real estate investment trust to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its shares are undervalued.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.06 per share. This is a boost from Camden Property Trust's previous quarterly dividend of $1.05. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $4.24 annualized dividend and a yield of 3.9%. Camden Property Trust's dividend payout ratio (DPR) is presently 118.64%.

Insiders Place Their Bets

In other news, Director Heather J. Brunner sold 2,104 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $109.69, for a total value of $230,787.76. Following the completion of the sale, the director directly owned 10,205 shares of the company's stock, valued at $1,119,386.45. This represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard J. Campo sold 38,021 shares of the firm's stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.78, for a total transaction of $4,173,945.38. Following the sale, the chief executive officer owned 301,156 shares of the company's stock, valued at approximately $33,060,905.68. This represents a 11.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,625 shares of company stock worth $5,995,193 over the last quarter. Company insiders own 1.80% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on CPT. Royal Bank Of Canada cut their price target on shares of Camden Property Trust from $109.00 to $108.00 and set a "sector perform" rating for the company in a report on Tuesday, February 10th. Mizuho boosted their target price on shares of Camden Property Trust from $114.00 to $120.00 and gave the stock an "outperform" rating in a report on Monday, January 12th. Piper Sandler set a $108.00 target price on shares of Camden Property Trust in a report on Tuesday, January 27th. Barclays lifted their price target on shares of Camden Property Trust from $118.00 to $119.00 and gave the stock an "equal weight" rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley cut their price objective on Camden Property Trust from $124.00 to $123.00 and set an "equal weight" rating for the company in a research report on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $117.03.

Camden Property Trust 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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