Farmers & Merchants Investments Inc. Buys 121,606 Shares of Camden Property Trust $CPT

Key Points

• Farmers & Merchants Investments increased its Camden Property Trust stake by 121,606 shares, ending the third quarter with 121,679 shares worth approximately $11.77 million. Institutional investors collectively own 97.22% of CPT.
• Camden Property Trust shares opened at $102.05, near the lower end of their 52-week range, while the company reported quarterly revenue of $396.07 million but missed earnings estimates. Analysts maintain a consensus “Hold” rating with an average price target of $111.62.
• The REIT paid a quarterly dividend of $1.06 per share, equivalent to a $4.24 annualized dividend and a 4.2% yield, although its payout ratio remains elevated at 140.40%.

Farmers & Merchants Investments Inc. lifted its stake in Camden Property Trust (NYSE:CPT - Free Report) by 166,583.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 121,679 shares of the real estate investment trust's stock after acquiring an additional 121,606 shares during the period. Farmers & Merchants Investments Inc. owned approximately 0.12% of Camden Property Trust worth $11,770,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CPT. Lido Advisors LLC lifted its position in Camden Property Trust by 4.5% in the first quarter. Lido Advisors LLC now owns 2,904 shares of the real estate investment trust's stock valued at $286,000 after purchasing an additional 124 shares during the last quarter. IFM Investors Pty Ltd boosted its stake in shares of Camden Property Trust by 0.8% in the 1st quarter. IFM Investors Pty Ltd now owns 17,312 shares of the real estate investment trust's stock worth $1,691,000 after buying an additional 132 shares during the last quarter. James T. Borello RIA grew its holdings in Camden Property Trust by 76.3% during the third quarter. James T. Borello RIA now owns 409 shares of the real estate investment trust's stock valued at $40,000 after purchasing an additional 177 shares during the period. Patton Fund Management Inc. boosted its position in shares of Camden Property Trust by 9.7% in the first quarter. Patton Fund Management Inc. now owns 2,318 shares of the real estate investment trust's stock worth $226,000 after purchasing an additional 205 shares during the period. Finally, Summit Securities Group LLC boosted 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 during the last quarter. 97.22% of the stock is owned by institutional investors.

Camden Property Trust Stock Performance

Shares of CPT opened at $102.05 on Friday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.18 and a current ratio of 0.18. The company's fifty day moving average is $101.77 and its two-hundred day moving average is $106.52. Camden Property Trust has a 1 year low of $95.30 and a 1 year high of $119.81. The stock has a market capitalization of $10.26 billion, a P/E ratio of 33.79, a P/E/G ratio of 7.65 and a beta of 0.79.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $396.07 million for the quarter, compared to analyst estimates of $392.88 million. Camden Property Trust had a return on equity of 7.66% and a net margin of 20.80%. The company's revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.70 EPS. 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. On average, sell-side analysts predict that Camden Property Trust will post 6.75 earnings per share for the current year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were issued a dividend of $1.06 per share. The ex-dividend date was Wednesday, September 30th. This represents a $4.24 annualized dividend and a dividend yield of 4.2%. Camden Property Trust's payout ratio is presently 140.40%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CPT shares. Barclays decreased their price target on Camden Property Trust from $123.00 to $114.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 14th. Mizuho decreased their target price on shares of Camden Property Trust from $125.00 to $116.00 and set an "outperform" rating for the company in a research note on Tuesday, September 8th. Jefferies Financial Group upgraded shares of Camden Property Trust to a "hold" rating in a research report on Wednesday, July 22nd. Wells Fargo & Company reduced their target price on Camden Property Trust from $110.00 to $103.00 and set an "equal weight" rating on the stock in a research report on Monday. Finally, Wall Street Zen lowered shares of Camden Property Trust from a "sell" rating to a "strong sell" rating in a research note on Saturday, October 17th. Three equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Camden Property Trust has an average rating of "Hold" and a consensus target price of $111.62.

Camden Property Trust Profile

Camden Property Trust NYSE: CPT is a real estate investment trust that owns, develops, acquires, and manages multifamily apartment communities. The company provides rental housing to individuals and families through a portfolio of communities offering a range of apartment layouts, amenities, and resident services.

Camden focuses primarily on high-growth markets in the Sun Belt, including metropolitan areas in Texas, Arizona, Colorado, Florida, Georgia, North Carolina, and Tennessee. Its communities are generally located in major urban and suburban markets and are managed through the company's in-house property management platform.

Founded in 1993 and headquartered in Houston, Texas, Camden Property Trust has expanded through apartment development, acquisitions, and ongoing property renovations.

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