IFM Investors Pty Ltd Sells 3,111 Shares of Camden Property Trust $CPT

Key Points

• IFM Investors Pty Ltd has reduced its stake in Camden Property Trust by 6.7%, selling 3,111 shares and leaving it with 43,121 shares valued at approximately $5.27 million.
• Several institutional investors, including UBS AM and Bayforest Capital Ltd, have increased their holdings in Camden Property Trust, reflecting growing interest among large investors.
• Camden Property Trust's latest quarterly earnings showed an EPS of $1.70, slightly exceeding consensus estimates, and the company has set its FY 2025 guidance at 6.760-6.860 EPS.

IFM Investors Pty Ltd cut its stake in shares of Camden Property Trust (NYSE:CPT - Free Report) by 6.7% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 43,121 shares of the real estate investment trust's stock after selling 3,111 shares during the period. IFM Investors Pty Ltd's holdings in Camden Property Trust were worth $5,274,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of CPT. Cape Investment Advisory Inc. acquired a new stake in Camden Property Trust during the first quarter worth about $37,000. Tsfg LLC bought a new stake in Camden Property Trust during the first quarter worth approximately $40,000. National Pension Service lifted its holdings 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 buying an additional 167 shares during the period. Allworth Financial LP raised its holdings in Camden Property Trust by 47.4% during the 1st quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust's stock worth $56,000 after buying an additional 158 shares during the period. Finally, Catalyst Capital Advisors LLC purchased a new position in shares of Camden Property Trust during the first quarter valued at $64,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on CPT shares. Citigroup lowered their price objective on shares of Camden Property Trust from $138.00 to $130.00 and set a "buy" rating on the stock in a research report on Thursday, August 14th. Piper Sandler dropped their price target on shares of Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating on the stock in a research note on Monday, August 4th. Mizuho cut their price objective on Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a report on Friday, May 23rd. Stifel Nicolaus upgraded Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 target price on the stock in a research note on Tuesday, August 26th. Finally, Scotiabank dropped their target price on Camden Property Trust from $136.00 to $133.00 and set a "sector perform" rating on the stock in a research report on Thursday, August 14th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $123.41.

Camden Property Trust Trading Down 1.0%

Shares of CPT traded down $1.13 on Monday, reaching $108.38. 756,867 shares of the company's stock were exchanged, compared to its average volume of 969,530. The stock has a market capitalization of $11.58 billion, a P/E ratio of 75.79, a price-to-earnings-growth ratio of 3.71 and a beta of 0.80. The business has a 50 day moving average price of $110.36 and a two-hundred day moving average price of $114.35. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. Camden Property Trust has a 12 month low of $102.35 and a 12 month high of $127.69.

Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.01. The company had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a net margin of 9.99% and a return on equity of 3.30%. The firm's revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.71 earnings per share. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. Research analysts anticipate that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust 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.