State Board of Administration of Florida Retirement System Increases Stake in Camden Property Trust $CPT

by · The Markets Daily

State Board of Administration of Florida Retirement System increased its position in shares of Camden Property Trust (NYSE:CPT – Free Report) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,280 shares of the real estate investment trust’s stock after buying an additional 1,070 shares during the period. State Board of Administration of Florida Retirement System owned about 0.09% of Camden Property Trust worth $10,962,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CPT. Cape Investment Advisory Inc. acquired a new position in Camden Property Trust during the 1st quarter worth approximately $37,000. IFP Advisors Inc raised its holdings in shares of Camden Property Trust by 45.7% in the 2nd quarter. IFP Advisors Inc now owns 322 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 101 shares in the last quarter. National Pension Service lifted its position in shares of Camden Property Trust by 74.2% during the 1st quarter. National Pension Service now owns 392 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 167 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Camden Property Trust by 117.7% during the second quarter. Private Trust Co. NA now owns 431 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 233 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Camden Property Trust by 16.8% during the first quarter. Smartleaf Asset Management LLC now owns 620 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 89 shares in the last quarter. Institutional investors and hedge funds own 97.22% of the company’s stock.

Camden Property Trust Stock Down 0.3%

CPT opened at $106.04 on Tuesday. Camden Property Trust has a one year low of $97.17 and a one year high of $126.55. 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 stock has a market capitalization of $11.28 billion, a P/E ratio of 74.15, a price-to-earnings-growth ratio of 3.31 and a beta of 0.81. The business’s 50-day simple moving average is $103.40 and its 200-day simple moving average is $109.18.

Camden Property Trust (NYSE:CPT – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.02. Camden Property Trust had a return on equity of 3.30% and a net margin of 9.99%.The firm had revenue of $398.24 million for the quarter, compared to the consensus estimate of $397.89 million. During the same quarter last year, the business posted $1.71 EPS. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS. FY 2025 guidance at 6.830-6.87 EPS. Analysts anticipate that Camden Property Trust will post 6.76 EPS for the current year.

Camden Property Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were given a $1.05 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $4.20 annualized dividend and a yield of 4.0%. Camden Property Trust’s dividend payout ratio is 170.04%.

Analyst Ratings Changes

A number of analysts have weighed in on CPT shares. Weiss Ratings restated a “hold (c)” rating on shares of Camden Property Trust in a research note on Wednesday, October 8th. Piper Sandler dropped their price objective on Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Wells Fargo & Company cut their target price on Camden Property Trust from $111.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Barclays set a $118.00 price target on Camden Property Trust and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Finally, Morgan Stanley dropped their price target on shares of Camden Property Trust from $124.00 to $123.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 13th. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Camden Property Trust has a consensus rating of “Hold” and a consensus price target of $117.99.

Read Our Latest Research Report on CPT

Camden Property Trust Company Profile

(Free Report)

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.

Further Reading

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