Quantbot Technologies LP Invests $1.05 Million in Camden Property Trust $CPT

Key Points

• Quantbot Technologies LP has acquired a new stake in Camden Property Trust, purchasing 8,589 shares valued at approximately $1,050,000.
• Camden Property Trust recently announced a quarterly dividend of $1.05 per share, yielding 3.8% with a payout ratio of 293.71%.
• The company reported earnings of $1.70 per share, exceeding analysts' expectations, with revenue of $396.51 million for the quarter.

Quantbot Technologies LP bought a new stake in Camden Property Trust (NYSE:CPT - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,589 shares of the real estate investment trust's stock, valued at approximately $1,050,000.

A number of other large investors also recently bought and sold shares of CPT. Bellwether Advisors LLC acquired a new position in Camden Property Trust in the fourth quarter valued at about $31,000. Tsfg LLC acquired a new position in Camden Property Trust in the first quarter valued at about $40,000. National Pension Service lifted its position in 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 last quarter. Allworth Financial LP lifted its position in Camden Property Trust by 47.4% in the first quarter. Allworth Financial LP now owns 491 shares of the real estate investment trust's stock valued at $56,000 after buying an additional 158 shares during the last quarter. Finally, Catalyst Capital Advisors LLC acquired a new position in Camden Property Trust in the first quarter valued at about $64,000. Institutional investors and hedge funds own 97.22% of the company's stock.

Camden Property Trust Stock Up 1.2%

Camden Property Trust stock traded up $1.30 during mid-day trading on Friday, hitting $112.04. The company had a trading volume of 714,411 shares, compared to its average volume of 952,869. The stock has a market cap of $11.97 billion, a price-to-earnings ratio of 78.35, a PEG ratio of 3.76 and a beta of 0.78. Camden Property Trust has a 1 year low of $102.35 and a 1 year 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 has a fifty day moving average of $111.10 and a 200 day moving average of $115.11.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 EPS for the quarter, beating the consensus estimate of $1.69 by $0.01. The company had revenue of $396.51 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, sell-side analysts expect that Camden Property Trust will post 6.76 earnings per share for the current fiscal year.

Camden Property Trust Announces Dividend

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

Wall Street Analyst Weigh In

CPT has been the topic of several research reports. Scotiabank reduced their price target on shares of 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. Truist Financial reduced their price target on shares of Camden Property Trust from $131.00 to $123.00 and set a "buy" rating on the stock in a research report on Wednesday. UBS Group reduced their price target 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. Stifel Nicolaus raised shares of Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 price target on the stock in a research report on Tuesday. Finally, Morgan Stanley reduced their price target on shares of Camden Property Trust from $130.00 to $124.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Camden Property Trust has an average rating of "Hold" and an average price target of $124.04.

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.