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 trimmed its position in Camden Property Trust (NYSE:CPT - Free Report) by 17.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,786 shares of the real estate investment trust's stock after selling 3,300 shares during the period. Camden Property Trust makes up approximately 1.3% of Pensionfund DSM Netherlands' holdings, making the stock its 28th biggest holding. Pensionfund DSM Netherlands' holdings in Camden Property Trust were worth $1,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CPT. Baird Financial Group Inc. raised its position in shares of Camden Property Trust by 42.3% in the 4th quarter. Baird Financial Group Inc. now owns 3,362 shares of the real estate investment trust's stock valued at $390,000 after acquiring an additional 1,000 shares during the period. Cresset Asset Management LLC acquired a new stake in Camden Property Trust during the 4th quarter worth approximately $251,000. Ethic Inc. raised its holdings in Camden Property Trust by 31.2% during the 4th quarter. Ethic Inc. now owns 3,403 shares of the real estate investment trust's stock worth $395,000 after buying an additional 809 shares during the period. Focus Partners Wealth acquired a new stake in Camden Property Trust during the 4th quarter worth approximately $859,000. Finally, Janus Henderson Group PLC raised its holdings in Camden Property Trust by 1.5% during the 4th quarter. Janus Henderson Group PLC now owns 16,572 shares of the real estate investment trust's stock worth $1,924,000 after buying an additional 245 shares during the period. 97.22% of the stock is currently owned by institutional investors and hedge funds.

Camden Property Trust Stock Up 0.6%

Shares of NYSE:CPT traded up $0.67 during midday trading on Thursday, hitting $107.14. The stock had a trading volume of 345,211 shares, compared to its average volume of 966,892. Camden Property Trust has a 12 month low of $102.35 and a 12 month high of $127.69. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.82. The business's 50-day simple moving average is $110.00 and its 200-day simple moving average is $114.13. The company has a market cap of $11.45 billion, a P/E ratio of 74.93, a PEG ratio of 3.63 and a beta of 0.80.

Camden Property Trust (NYSE:CPT - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $393.24 million. During the same period last year, the business earned $1.71 earnings per share. The firm's revenue was up 2.4% on a year-over-year basis. Camden Property Trust has set its FY 2025 guidance at 6.760-6.860 EPS. Q3 2025 guidance at 1.670-1.710 EPS. On average, sell-side analysts forecast that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $4.20 annualized dividend and a dividend yield of 3.9%. Camden Property Trust's dividend payout ratio (DPR) is currently 293.71%.

Wall Street Analysts Forecast Growth

Several analysts have commented on CPT shares. The Goldman Sachs Group downgraded shares of Camden Property Trust from a "neutral" rating to a "sell" rating and dropped their target price for the stock from $118.00 to $106.00 in a report on Wednesday. Evercore ISI raised their price target on shares of Camden Property Trust from $114.00 to $116.00 and gave the stock an "in-line" rating in a research note on Monday. Morgan Stanley decreased their price target 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. Piper Sandler decreased 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 research note on Monday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on shares of Camden Property Trust from $127.00 to $129.00 and gave the stock an "underweight" rating in a research note on Tuesday, June 17th. Six equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Camden Property Trust currently has an average rating of "Hold" and an average target price of $122.25.

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.