Camden Property Trust $CPT Stock Holdings Lifted by Vanderbilt University

Key Points

• Vanderbilt University increased its holdings in Camden Property Trust by 82.2% during Q2, acquiring a total of 7,435 shares valued at approximately $838,000.
• Camden Property Trust reported earnings of $1.70 EPS for the last quarter, slightly exceeding the consensus estimate of $1.69 EPS, with revenues up 2.4% year-over-year.
• The company declared a quarterly dividend of $1.05 per share, which translates to an annual yield of 4.0%, set to be paid on October 17th.

Vanderbilt University lifted its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 82.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,435 shares of the real estate investment trust's stock after buying an additional 3,355 shares during the quarter. Vanderbilt University's holdings in Camden Property Trust were worth $838,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Cape Investment Advisory Inc. acquired a new stake in shares of Camden Property Trust in the 1st quarter worth about $37,000. Tsfg LLC acquired a new position in shares of Camden Property Trust in the 1st quarter worth approximately $40,000. National Pension Service grew its stake in shares of Camden Property Trust by 74.2% in the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 167 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Camden Property Trust by 47.4% in the first quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust's stock worth $56,000 after buying an additional 158 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Camden Property Trust during the first quarter worth approximately $64,000. Institutional investors and hedge funds own 97.22% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Piper Sandler cut their price objective on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating on the stock in a research report on Monday, August 4th. Evercore ISI lifted their price target on shares of Camden Property Trust from $114.00 to $116.00 and gave the stock an "in-line" rating in a research note on Monday, September 15th. Wells Fargo & Company reduced their target price on shares of Camden Property Trust from $120.00 to $112.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 27th. Scotiabank reduced their target price on shares of Camden Property Trust from $136.00 to $133.00 and set a "sector perform" rating on the stock in a research note on Thursday, August 14th. Finally, Stifel Nicolaus upgraded shares of Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 target price on the stock in a research note on Tuesday, August 26th. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $121.73.

Camden Property Trust Stock Down 1.2%

Shares of NYSE CPT opened at $104.33 on Friday. The firm's 50-day simple moving average is $108.42 and its 200 day simple moving average is $113.05. The company has a market cap of $11.15 billion, a price-to-earnings ratio of 72.96, a price-to-earnings-growth ratio of 3.58 and a beta of 0.80. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. Camden Property Trust has a 12-month low of $102.35 and a 12-month high of $127.65.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The business had revenue of $396.51 million for the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, research analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $1.05 per share. This represents a $4.20 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Camden Property Trust's payout ratio is currently 293.71%.

Camden Property Trust 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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