Highland Capital Management LLC Has $1.66 Million Holdings in Camden Property Trust $CPT

Key Points

• Highland Capital Management cut its stake in Camden Property Trust by 42.2%, selling 11,019 shares to hold 15,083 shares worth about $1.66 million per its latest 13F filing.
• Camden beat Q1 estimates (EPS $0.40 vs. $0.28) and set FY2026 guidance of 6.600–6.900 EPS; the company also raised its quarterly dividend to $1.06 (4.0% yield) and approved a $600 million share buyback, though its payout ratio is elevated at 118%.
• Institutional investors own roughly 97.22% of the stock, while analysts hold an average rating of "Hold" with a consensus target of $114.30 (current market cap about $10.5 billion).

Highland Capital Management LLC cut its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 42.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,083 shares of the real estate investment trust's stock after selling 11,019 shares during the period. Highland Capital Management LLC's holdings in Camden Property Trust were worth $1,660,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CPT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Camden Property Trust by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,453 shares of the real estate investment trust's stock worth $2,257,000 after buying an additional 336 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Camden Property Trust by 2.4% in the first quarter. Focus Partners Wealth now owns 7,573 shares of the real estate investment trust's stock worth $926,000 after purchasing an additional 175 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Camden Property Trust by 4.8% in the second quarter. Baird Financial Group Inc. now owns 4,600 shares of the real estate investment trust's stock worth $518,000 after purchasing an additional 210 shares during the last quarter. Walleye Capital LLC bought a new stake in shares of Camden Property Trust in the second quarter worth $219,000. Finally, Federated Hermes Inc. grew its stake in shares of Camden Property Trust by 265.0% in the second quarter. Federated Hermes Inc. now owns 4,917 shares of the real estate investment trust's stock worth $554,000 after purchasing an additional 3,570 shares during the last quarter. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Stock Performance

Shares of CPT opened at $104.75 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.14 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $10.53 billion, a P/E ratio of 29.26, a price-to-earnings-growth ratio of 7.10 and a beta of 0.81. The firm's fifty day simple moving average is $102.63 and its two-hundred day simple moving average is $104.81. Camden Property Trust has a 12 month low of $96.53 and a 12 month high of $120.15.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.12. The business had revenue of $390.92 million for the quarter, compared to analysts' expectations of $378.11 million. Camden Property Trust had a net margin of 24.69% and a return on equity of 8.71%. The business's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.72 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.600-6.900 EPS and its Q2 2026 guidance at 1.650-1.690 EPS. As a group, analysts predict that Camden Property Trust will post 6.74 EPS for the current year.

Camden Property Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st were given a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 4.0%. This is an increase from Camden Property Trust's previous quarterly dividend of $1.05. The ex-dividend date of this dividend was Tuesday, March 31st. Camden Property Trust's payout ratio is currently 118.44%.

Camden Property Trust announced that its Board of Directors has approved a share buyback plan 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 plans are typically a sign that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on CPT shares. Piper Sandler set a $108.00 price objective on shares of Camden Property Trust in a research note on Tuesday, January 27th. Barclays reduced 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. Cantor Fitzgerald reduced their price objective on shares of Camden Property Trust from $108.00 to $102.00 and set a "neutral" rating on the stock in a research note on Monday. Wells Fargo & Company reduced their price objective on shares of Camden Property Trust from $110.00 to $106.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada boosted their price objective on shares of Camden Property Trust from $104.00 to $105.00 and gave the stock a "sector perform" rating in a research note on Monday. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $114.30.

Insider Buying and Selling

In other Camden Property Trust news, COO Laurie Baker sold 2,168 shares of the company's stock in a transaction on 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 approximately $10,240,331.20. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.90% of the company's stock.

About Camden Property Trust

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.

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