Groupama Asset Managment Makes New $543,000 Investment in Camden Property Trust $CPT

Key Points

• Groupama Asset Managment has made a new investment of approximately $543,000 in Camden Property Trust, acquiring 4,440 shares.
• Camden Property Trust reported $1.70 earnings per share for the last quarter, beating analysts' expectations and showing a 2.4% increase in revenue year-over-year.
• The company recently declared a quarterly dividend of $1.05 per share, translating to an annualized yield of 3.9%.

Groupama Asset Managment bought a new stake in Camden Property Trust (NYSE:CPT - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,440 shares of the real estate investment trust's stock, valued at approximately $543,000.

Other institutional investors also recently modified their holdings of the company. Bellwether Advisors LLC bought a new position in shares of Camden Property Trust in the fourth quarter valued at approximately $31,000. Tsfg LLC bought a new position in shares of Camden Property Trust in the first quarter valued at approximately $40,000. National Pension Service raised its stake in shares of Camden Property Trust by 74.2% in the first quarter. National Pension Service now owns 392 shares of the real estate investment trust's stock valued at $48,000 after acquiring an additional 167 shares during the last quarter. Allworth Financial LP raised its stake 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 valued at $56,000 after acquiring an additional 158 shares during the last quarter. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Camden Property Trust in the first quarter valued at approximately $64,000. Institutional investors own 97.22% of the company's stock.

Camden Property Trust Stock Performance

Shares of Camden Property Trust stock opened at $108.4040 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. The firm has a market cap of $11.58 billion, a P/E ratio of 75.81, a P/E/G ratio of 3.67 and a beta of 0.78. The firm has a 50 day simple moving average of $111.98 and a 200 day simple moving average of $115.47. Camden Property Trust has a fifty-two week low of $102.35 and a fifty-two week high of $127.69.

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 for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The business had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. During the same quarter last year, the business posted $1.71 earnings per share. Camden Property Trust's revenue for the quarter was up 2.4% compared to the same quarter last year. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Sell-side analysts predict that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were issued a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, June 30th. Camden Property Trust's payout ratio is currently 293.71%.

Analyst Upgrades and Downgrades

CPT has been the subject of a number of research analyst reports. Morgan Stanley cut their target price on shares of Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 13th. Mizuho cut their target price on shares of Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a research note on Friday, May 23rd. Citigroup cut their target price on shares of Camden Property Trust from $138.00 to $130.00 and set a "buy" rating for the company in a research note on Thursday, August 14th. UBS Group lowered their price target on shares of Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating for the company in a report on Tuesday, July 15th. Finally, Piper Sandler lowered their price target on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating for the company in a report on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $124.94.

Camden Property Trust Company 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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