UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Acquires 79,265 Shares of Camden Property Trust $CPT

Key Points

• UBS Asset Management increased its stake in Camden Property Trust by 8.2% in Q1, bringing its total holdings to 1,051,377 shares valued at approximately $128.6 million.
• The analyst consensus for Camden Property Trust includes six Buy ratings and a consensus price target of $123.27, reflecting a mix of upgraded and decreased targets from several firms.
• Camden Property Trust announced a quarterly dividend of $1.05, representing an annual yield of 3.8%, although its dividend payout ratio is notably high at 293.71%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Camden Property Trust (NYSE:CPT - Free Report) by 8.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,051,377 shares of the real estate investment trust's stock after acquiring an additional 79,265 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.98% of Camden Property Trust worth $128,583,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CPT. Baird Financial Group Inc. lifted 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 worth $390,000 after acquiring an additional 1,000 shares during the period. Cresset Asset Management LLC bought a new stake in shares of Camden Property Trust in the 4th quarter worth approximately $251,000. Ethic Inc. lifted its position in shares of Camden Property Trust by 31.2% in the 4th quarter. Ethic Inc. now owns 3,403 shares of the real estate investment trust's stock worth $395,000 after acquiring an additional 809 shares during the period. Focus Partners Wealth bought a new stake in shares of Camden Property Trust in the 4th quarter worth approximately $859,000. Finally, Janus Henderson Group PLC lifted its position in shares of Camden Property Trust by 1.5% in 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 acquiring an additional 245 shares during the period. Institutional investors own 97.22% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Stifel Nicolaus upgraded Camden Property Trust from a "hold" rating to a "buy" rating and set a $122.75 price objective for the company in a research report on Tuesday, August 26th. Mizuho dropped their target price on Camden Property Trust from $130.00 to $122.00 and set an "outperform" rating for the company in a report on Friday, May 23rd. Wells Fargo & Company dropped their target price on Camden Property Trust from $120.00 to $112.00 and set an "equal weight" rating for the company in a report on Wednesday, August 27th. Barclays dropped their target price on Camden Property Trust from $137.00 to $128.00 and set an "overweight" rating for the company in a report on Tuesday, August 12th. Finally, UBS Group dropped their target price on Camden Property Trust from $126.00 to $114.00 and set a "neutral" rating for the company in a report on Tuesday, July 15th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Camden Property Trust has a consensus rating of "Hold" and a consensus price target of $123.27.

Camden Property Trust Stock Performance

Shares of NYSE:CPT opened at $109.50 on Friday. Camden Property Trust has a twelve month low of $102.35 and a twelve month high of $127.69. The firm has a market cap of $11.70 billion, a PE ratio of 76.57, a price-to-earnings-growth ratio of 3.76 and a beta of 0.80. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.18 and a current ratio of 0.18. The business has a fifty day moving average of $110.36 and a 200-day moving average of $114.45.

Camden Property Trust (NYSE:CPT - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.01. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The company had revenue of $396.51 million during the quarter, compared to analyst estimates of $393.24 million. During the same period last year, the company posted $1.71 earnings per share. The firm's quarterly revenue 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. On average, equities research analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.

Camden Property Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were paid a $1.05 dividend. The ex-dividend date was Monday, June 30th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.8%. Camden Property Trust's dividend payout ratio (DPR) is 293.71%.

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.

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