Pensionfund DSM Netherlands Has $1.93 Million Stock Holdings in Camden Property Trust $CPT

Key Points

• Pensionfund DSM Netherlands has decreased its stake in Camden Property Trust by 17.3%, now holding 15,786 shares valued at approximately $1.93 million.
• Analysts have adjusted their price targets for Camden Property Trust, with UBS Group lowering it to $114, while Stifel Nicolaus upgraded it to $122.75, reflecting mixed outlooks in the market.
• Camden Property Trust announced a quarterly dividend of $1.05, representing an annual yield of 3.8%, despite a high dividend payout ratio of 293.71%.

Pensionfund DSM Netherlands reduced its position in Camden Property Trust (NYSE:CPT - Free Report) by 17.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,786 shares of the real estate investment trust's stock after selling 3,300 shares during the quarter. Camden Property Trust comprises about 1.3% of Pensionfund DSM Netherlands' investment portfolio, making the stock its 28th biggest position. Pensionfund DSM Netherlands' holdings in Camden Property Trust were worth $1,931,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. MQS Management LLC purchased a new position in Camden Property Trust in the first quarter valued at about $1,421,000. Woodline Partners LP acquired a new position in Camden Property Trust in the first quarter worth about $45,879,000. FJ Capital Management LLC bought a new position in Camden Property Trust in the first quarter worth about $356,000. Bayforest Capital Ltd lifted its holdings in Camden Property Trust by 114.0% in the first quarter. Bayforest Capital Ltd now owns 5,737 shares of the real estate investment trust's stock worth $702,000 after acquiring an additional 3,056 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in Camden Property Trust by 1.9% in the first quarter. Alliancebernstein L.P. now owns 157,139 shares of the real estate investment trust's stock worth $19,218,000 after acquiring an additional 2,956 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Camden Property Trust Stock Performance

Camden Property Trust stock traded down $1.13 during midday trading on Monday, hitting $108.38. The company's stock had a trading volume of 756,867 shares, compared to its average volume of 789,129. The company has a 50-day moving average price of $110.26 and a two-hundred day moving average price of $114.24. The company has a market cap of $11.58 billion, a price-to-earnings ratio of 75.79, a PEG ratio of 3.71 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.18 and a quick ratio of 0.18. Camden Property Trust has a 1-year low of $102.35 and a 1-year high of $127.69.

Camden Property Trust (NYSE:CPT - Get Free Report) last posted its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, topping 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 firm had revenue of $396.51 million for the quarter, compared to analyst estimates of $393.24 million. During the same period in the previous year, the firm posted $1.71 EPS. The company'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. As a group, sell-side analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.9%. Camden Property Trust's dividend payout ratio is currently 293.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada cut their target price on shares of Camden Property Trust from $120.00 to $118.00 and set a "sector perform" rating on the stock in a report on Monday, August 4th. Evercore ISI raised their target price on shares of Camden Property Trust from $114.00 to $116.00 and gave the stock an "in-line" rating in a report on Monday. Piper Sandler cut their price target on Camden Property Trust from $130.00 to $117.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Citigroup dropped their target price on Camden Property Trust from $138.00 to $130.00 and set a "buy" rating on the stock in a report on Thursday, August 14th. Finally, Barclays decreased their price target on shares of Camden Property Trust from $137.00 to $128.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 12th. Six equities 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $123.41.

About Camden Property Trust

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.