Camden Property Trust $CPT Stock Position Decreased by Zurcher Kantonalbank Zurich Cantonalbank

Key Points

• Zurcher Kantonalbank cut its position in Camden by 27.1% in Q4 to 80,290 shares (about $8.84M), while institutional investors overall own 97.22% of the company.
• Camden missed quarterly EPS ($1.44 vs. $1.73 expected) though revenue slightly beat, and management set Q1 2026 guidance of 1.640–1.680 EPS and FY 2026 guidance of 6.60–6.90 EPS (consensus ~6.74).
• The board authorized a $600M share buyback (up to 5.2% of shares) and raised the quarterly dividend to $1.06 (4.1% yield), even as the payout ratio is high (~119.8%) and insiders made small share sales.

Zurcher Kantonalbank Zurich Cantonalbank cut its position in shares of Camden Property Trust (NYSE:CPT - Free Report) by 27.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,290 shares of the real estate investment trust's stock after selling 29,817 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.08% of Camden Property Trust worth $8,838,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. State Street Corp increased its stake in shares of Camden Property Trust by 1.5% during the 3rd quarter. State Street Corp now owns 7,563,663 shares of the real estate investment trust's stock worth $815,470,000 after purchasing an additional 111,215 shares during the last quarter. Viking Global Investors LP boosted its stake in shares of Camden Property Trust by 41.6% during the 3rd quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust's stock worth $410,755,000 after acquiring an additional 1,130,718 shares in the last quarter. Centersquare Investment Management LLC boosted its stake in shares of Camden Property Trust by 1.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 2,730,472 shares of the real estate investment trust's stock worth $291,560,000 after acquiring an additional 38,897 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Camden Property Trust by 5.0% during the 3rd quarter. Invesco Ltd. now owns 2,494,459 shares of the real estate investment trust's stock worth $266,358,000 after acquiring an additional 119,401 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Camden Property Trust by 22.2% in the third quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust's stock worth $185,564,000 after buying an additional 315,244 shares during the last quarter. Institutional investors and hedge funds own 97.22% of the company's stock.

Insider Buying and Selling

In other Camden Property Trust news, COO Laurie Baker sold 2,168 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $108.40, for a total transaction of $235,011.20. Following the sale, the chief operating officer owned 94,468 shares of the company's stock, valued at $10,240,331.20. This represents a 2.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Camden Property Trust Trading Up 1.0%

CPT stock opened at $102.50 on Friday. The business has a fifty day moving average price of $103.13 and a 200 day moving average price of $104.70. Camden Property Trust has a fifty-two week low of $96.53 and a fifty-two week high of $121.33. The stock has a market capitalization of $10.73 billion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 6.91 and a beta of 0.83. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.14 and a quick ratio of 0.14.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $1.44 earnings per share for the quarter, missing analysts' consensus estimates of $1.73 by ($0.29). Camden Property Trust had a net margin of 24.43% and a return on equity of 8.36%. The business had revenue of $396.08 million for the quarter, compared to analyst estimates of $393.05 million. During the same period in the prior year, the business earned $1.73 earnings per share. The company's revenue for the quarter was up 1.2% on a year-over-year basis. 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. Analysts expect that Camden Property Trust will post 6.74 EPS for the current fiscal year.

Camden Property Trust declared that its board has initiated a stock repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Camden Property Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st were issued a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $4.24 dividend on an annualized basis and a yield of 4.1%. This is an increase from Camden Property Trust's previous quarterly dividend of $1.05. Camden Property Trust's payout ratio is currently 119.77%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CPT shares. Truist Financial boosted their price objective on shares of Camden Property Trust from $116.00 to $118.00 and gave the stock a "buy" rating in a research note on Tuesday, January 20th. Morgan Stanley dropped their price objective on Camden Property Trust from $123.00 to $119.00 and set an "equal weight" rating on the stock in a research note on Monday, March 16th. Piper Sandler set a $108.00 price objective on shares of Camden Property Trust in a research note on Tuesday, January 27th. Scotiabank lowered their price objective on shares of Camden Property Trust from $115.00 to $113.00 and set a "sector perform" rating on the stock in a research note on Wednesday, March 4th. Finally, Barclays lowered their price objective on shares of Camden Property Trust from $119.00 to $115.00 and set an "equal weight" rating on the stock in a research note on Friday, March 6th. Five equities 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, the stock currently has an average rating of "Hold" and a consensus price target of $114.91.

Camden Property Trust Company 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.

Want to see what other hedge funds are holding CPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Camden Property Trust (NYSE:CPT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.