Pictet Asset Management Holding SA Decreases Stake in Camden Property Trust $CPT

Key Points

• Pictet Asset Management cut its stake in Camden Property Trust by 57.1% in Q4, selling 27,853 shares and leaving 20,911 shares valued at $2.30M; meanwhile large funds like Viking Global and UBS materially increased positions, and institutional ownership stands at about 97.22%.
• Camden outperformed expectations (Q1 EPS $0.40 vs. $0.28 estimate; revenue $390.9M vs. $378.1M), issued FY2026 guidance of 6.60–6.90 EPS, authorized a $600M buyback (up to 5.2% of shares) and raised the quarterly dividend to $1.06 (≈4.1% yield).

Pictet Asset Management Holding SA reduced its holdings in Camden Property Trust (NYSE:CPT - Free Report) by 57.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,911 shares of the real estate investment trust's stock after selling 27,853 shares during the period. Pictet Asset Management Holding SA's holdings in Camden Property Trust were worth $2,302,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CPT. Viking Global Investors LP increased its holdings in shares of Camden Property Trust by 41.6% in the third quarter. Viking Global Investors LP now owns 3,846,740 shares of the real estate investment trust's stock valued at $410,755,000 after purchasing an additional 1,130,718 shares during the last quarter. UBS Group AG increased its holdings in shares of Camden Property Trust by 94.2% in the fourth quarter. UBS Group AG now owns 1,137,805 shares of the real estate investment trust's stock valued at $125,250,000 after purchasing an additional 551,850 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Camden Property Trust by 22.2% in the third quarter. Northern Trust Corp now owns 1,737,819 shares of the real estate investment trust's stock valued at $185,564,000 after purchasing an additional 315,244 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Camden Property Trust by 2,269.6% in the fourth quarter. SG Americas Securities LLC now owns 276,835 shares of the real estate investment trust's stock valued at $30,474,000 after purchasing an additional 265,152 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Camden Property Trust by 379.4% in the second quarter. AQR Capital Management LLC now owns 315,526 shares of the real estate investment trust's stock valued at $35,557,000 after purchasing an additional 249,705 shares during the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Camden Property Trust

In other Camden Property Trust news, COO Laurie Baker sold 2,168 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $108.40, for a total transaction of $235,011.20. Following the completion of the sale, the chief operating officer owned 94,468 shares of the company's stock, valued at $10,240,331.20. This trade represents a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CPT has been the subject of several recent research reports. Barclays cut their price target on Camden Property Trust from $119.00 to $115.00 and set an "equal weight" rating for the company in a report on Friday, March 6th. Stifel Nicolaus set a $118.75 price target on Camden Property Trust in a report on Friday. Royal Bank Of Canada increased their price target on Camden Property Trust from $104.00 to $105.00 and gave the company a "sector perform" rating in a report on Monday. Scotiabank cut their price target on Camden Property Trust from $115.00 to $113.00 and set a "sector perform" rating for the company in a report on Wednesday, March 4th. Finally, UBS Group increased their price target on Camden Property Trust from $105.00 to $108.00 and gave the company a "neutral" rating in a report on Thursday, January 8th. Five analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $114.30.

Camden Property Trust Price Performance

CPT stock opened at $104.33 on Tuesday. The business has a fifty day moving average of $102.68 and a two-hundred day moving average of $104.78. The company has a quick ratio of 0.14, a current ratio of 0.42 and a debt-to-equity ratio of 1.04. The stock has a market cap of $10.49 billion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of 7.11 and a beta of 0.81. Camden Property Trust has a 52-week low of $96.53 and a 52-week high of $121.33.

Camden Property Trust (NYSE:CPT - Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.12. The company had revenue of $390.92 million during the quarter, compared to analysts' expectations of $378.11 million. Camden Property Trust had a return on equity of 8.71% and a net margin of 24.69%.The firm's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm earned $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, research analysts anticipate that Camden Property Trust will post 6.74 earnings per share for the current year.

Camden Property Trust declared that its board has approved a stock repurchase program on Thursday, February 5th that permits the company to buyback $600.00 million in shares. This buyback authorization permits the real estate investment trust to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Camden Property Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st were paid a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 4.1%. This is a positive change 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 118.44%.

Camden Property Trust Profile

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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