Camden Property Trust $CPT Shares Purchased by Jump Financial LLC

Key Points

• Jump Financial LLC increased its holdings in Camden Property Trust by 46.4%, owning 30,413 shares valued at $3.72 million after purchasing an additional 9,636 shares in Q1.
• Various hedge funds have invested in Camden Property Trust, contributing to 97.22% of the stock being owned by institutional investors.
• Research analysts have revised Camden Property Trust's price targets downward, with the current average target at $124.94, while maintaining a consensus rating of "Hold".

Jump Financial LLC grew its position in Camden Property Trust (NYSE:CPT - Free Report) by 46.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,413 shares of the real estate investment trust's stock after acquiring an additional 9,636 shares during the period. Jump Financial LLC's holdings in Camden Property Trust were worth $3,720,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp boosted its holdings in Camden Property Trust by 33.7% in the 4th quarter. Northern Trust Corp now owns 1,420,076 shares of the real estate investment trust's stock valued at $164,786,000 after purchasing an additional 357,718 shares in the last quarter. MQS Management LLC acquired a new stake in shares of Camden Property Trust in the 1st quarter valued at approximately $1,421,000. Freestone Grove Partners LP purchased a new stake in shares of Camden Property Trust in the fourth quarter valued at approximately $591,000. Starwood Capital Group Management L.L.C. grew its holdings in Camden Property Trust by 125.6% during the fourth quarter. Starwood Capital Group Management L.L.C. now owns 316,179 shares of the real estate investment trust's stock worth $36,689,000 after acquiring an additional 176,000 shares during the period. Finally, Chicago Capital LLC purchased a new position in Camden Property Trust in the first quarter worth $402,000. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Evercore ISI decreased their target price on shares of Camden Property Trust from $117.00 to $114.00 and set an "in-line" rating on the stock in a research report on Tuesday, August 12th. Morgan Stanley decreased their price objective on shares of Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 13th. UBS Group lowered their target price on shares of Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 15th. Truist Financial reduced their price target on shares of Camden Property Trust from $131.00 to $123.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. upped their price target on Camden Property Trust from $127.00 to $129.00 and gave the stock an "underweight" rating in a report on Tuesday, June 17th. Six investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Camden Property Trust presently has an average rating of "Hold" and a consensus price target of $124.04.

Camden Property Trust Price Performance

Shares of CPT stock traded up $1.30 during trading hours on Friday, hitting $112.04. The company's stock had a trading volume of 714,411 shares, compared to its average volume of 952,869. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.82. The business has a fifty day moving average of $111.10 and a 200-day moving average of $115.08. Camden Property Trust has a twelve month low of $102.35 and a twelve month high of $127.69. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 78.35, a P/E/G ratio of 3.80 and a beta of 0.78.

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 firm had revenue of $396.51 million during the quarter, compared to the consensus estimate of $393.24 million. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.71 EPS. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. As a group, equities research analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Investors of record on Monday, June 30th were given a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, June 30th. Camden Property Trust's dividend payout ratio (DPR) is currently 293.71%.

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.