Camden Property Trust $CPT Stock: Mather Group LLC. Grows Stake

Key Points

• Mather Group LLC significantly increased its Camden Property Trust stake by 2,961.5% in the third quarter, bringing its holdings to 12,338 shares valued at approximately $1.19 million. Institutional investors and hedge funds collectively own 97.22% of the stock.
• Camden shares recently traded at $98.56, near the lower end of their 52-week range, while analysts maintain a consensus “Hold” rating with an average price target of $112.08.
• The REIT declared a quarterly dividend of $1.06, equivalent to an annualized $4.24 payout and a 4.3% yield. Its latest quarterly revenue rose 7.4% year over year to $396.07 million, though earnings per share missed analyst expectations.

Mather Group LLC. grew its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 2,961.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,338 shares of the real estate investment trust's stock after buying an additional 11,935 shares during the quarter. Mather Group LLC.'s holdings in Camden Property Trust were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Summit Securities Group LLC boosted its holdings in shares of Camden Property Trust by 169.6% in the first quarter. Summit Securities Group LLC now owns 426 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 268 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Camden Property Trust during the second quarter valued at approximately $55,000. Western Wealth Management LLC acquired a new position in shares of Camden Property Trust during the first quarter valued at approximately $55,000. Trust Co. of Vermont bought a new stake in Camden Property Trust during the second quarter worth approximately $126,000. Finally, Parallel Advisors LLC raised its holdings in Camden Property Trust by 25.7% during the first quarter. Parallel Advisors LLC now owns 1,335 shares of the real estate investment trust's stock worth $130,000 after purchasing an additional 273 shares in the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

Camden Property Trust Trading Up 0.4%

Shares of NYSE:CPT traded up $0.37 during midday trading on Friday, reaching $98.56. The company had a trading volume of 917,262 shares, compared to its average volume of 1,158,079. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. Camden Property Trust has a 1-year low of $95.30 and a 1-year high of $119.81. The firm has a market cap of $9.91 billion, a price-to-earnings ratio of 32.64, a price-to-earnings-growth ratio of 7.31 and a beta of 0.79. The company has a fifty day simple moving average of $102.65 and a two-hundred day simple moving average of $106.47.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share 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 during the quarter, compared to analysts' expectations of $392.88 million. During the same period in the prior year, the business posted $1.70 EPS. The company's revenue for the quarter 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. Research analysts predict that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th were given a $1.06 dividend. This represents a $4.24 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, September 30th. Camden Property Trust's dividend payout ratio (DPR) is 140.40%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Mizuho cut their target price on Camden Property Trust from $125.00 to $116.00 and set an "outperform" rating for the company in a research report on Tuesday, September 8th. Wells Fargo & Company lowered their price target on Camden Property Trust from $113.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 1st. Barclays lowered their price target on Camden Property Trust from $123.00 to $114.00 and set an "equal weight" rating on the stock in a research report on Wednesday. Royal Bank Of Canada dropped their price objective on Camden Property Trust from $111.00 to $101.00 and set a "sector perform" rating on the stock in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $114.00 price objective on shares of Camden Property Trust in a research note on Monday, July 20th. Three research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $112.08.

About Camden Property Trust

Camden Property Trust NYSE: CPT is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides residential rental housing and related property-management services, with properties designed to serve a range of residents in major metropolitan areas.

Camden focuses primarily on high-growth markets in the Sun Belt, including communities in Texas, Florida, Georgia, North Carolina, Colorado, Arizona, Nevada, and Tennessee.

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