Key Points
- Director Javier Benito sold 101 shares on Jan. 5 at an average price of $109.69 for a total of $11,078.69, trimming his stake by 1.27% to 7,872 shares valued at about $863,480.
- Multiple senior insiders executed much larger sales the same period — notably CEO Richard J. Campo sold 38,021 shares (~$4.17M, ~11.2% reduction) and the CFO and other directors also trimmed positions, which may be viewed negatively by investors.
- Company fundamentals: Camden beat quarterly EPS estimates ($1.70 vs. $1.68), set Q4 and FY2025 EPS guidance, and announced a $1.05 quarterly dividend ($4.20 annual, 3.9% yield) despite a high payout ratio of 170%.
Camden Property Trust (NYSE:CPT - Get Free Report) Director Javier Benito sold 101 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $109.69, for a total value of $11,078.69. Following the sale, the director owned 7,872 shares in the company, valued at $863,479.68. The trade was a 1.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Camden Property Trust Stock Performance
Shares of NYSE:CPT opened at $108.20 on Thursday. The business has a fifty day moving average of $105.14 and a 200-day moving average of $107.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.13 and a current ratio of 0.13. Camden Property Trust has a twelve month low of $97.17 and a twelve month high of $126.55. The firm has a market cap of $11.51 billion, a PE ratio of 43.80, a price-to-earnings-growth ratio of 3.62 and a beta of 0.81.
Camden Property Trust (NYSE:CPT - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.02. The firm had revenue of $398.24 million for the quarter, compared to analyst estimates of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The company's revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.71 EPS. Camden Property Trust has set its Q4 2025 guidance at 1.710-1.750 EPS and its FY 2025 guidance at 6.830-6.87 EPS. On average, equities research analysts predict that Camden Property Trust will post 6.76 EPS for the current fiscal year.
Camden Property Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Wednesday, December 17th will be given a $1.05 dividend. This represents a $4.20 annualized dividend and a yield of 3.9%. The ex-dividend date is Wednesday, December 17th. Camden Property Trust's payout ratio is 170.04%.
Analysts Set New Price Targets
Several equities research analysts have recently commented on CPT shares. Wells Fargo & Company lowered their target price on Camden Property Trust from $111.00 to $110.00 and set an "equal weight" rating for the company in a research note on Tuesday, November 25th. Truist Financial decreased their price target on Camden Property Trust from $123.00 to $116.00 and set a "buy" rating on the stock in a report on Monday, December 15th. Scotiabank dropped their price objective on Camden Property Trust from $126.00 to $115.00 and set a "sector perform" rating for the company in a report on Tuesday, November 4th. Cantor Fitzgerald restated a "neutral" rating and set a $105.00 target price on shares of Camden Property Trust in a research report on Monday, November 10th. Finally, Evercore ISI reduced their target price on shares of Camden Property Trust from $115.00 to $108.00 and set an "in-line" rating on the stock in a research note on Monday, November 3rd. Six investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $116.99.
View Our Latest Report on Camden Property Trust
More Camden Property Trust News
Here are the key news stories impacting Camden Property Trust this week:
- Negative Sentiment: CEO Richard J. Campo sold 38,021 shares at $109.78 (~$4.17M), reducing his stake by ~11.2%. This is the largest single disclosed sale and may be perceived as a significant insider exit. Read More.
- Negative Sentiment: CEO Richard J. Campo also sold an additional 5,600 shares at $110.21 (~$617k), further trimming his holdings. Read More.
- Negative Sentiment: CFO Alexander J. Jessett sold 5,627 shares at $109.69 (~$617k), a ~3.8% reduction in his position. Read More.
- Negative Sentiment: Director Heather J. Brunner sold 2,104 shares at $109.69 (~$231k), a ~17.1% reduction in her holding. Read More.
- Negative Sentiment: COO Laurie Baker completed two sales (531 shares at $109.79 and 150 shares at $110.21), totaling ~681 shares and ~ $74.8k, trimming a small portion of her stake. Read More.
- Negative Sentiment: Director Javier Benito sold 101 shares at $109.69 (~$11.1k), a modest reduction. Read More.
Hedge Funds Weigh In On Camden Property Trust
Several hedge funds have recently added to or reduced their stakes in CPT. Norges Bank bought a new position in Camden Property Trust during the second quarter worth about $160,217,000. Viking Global Investors LP raised its position in shares of Camden Property Trust by 41.6% in the 3rd 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 acquiring an additional 1,130,718 shares during the period. Long Pond Capital LP raised its position in shares of Camden Property Trust by 209.6% in the 2nd quarter. Long Pond Capital LP now owns 1,022,742 shares of the real estate investment trust's stock valued at $115,253,000 after acquiring an additional 692,412 shares during the period. Invesco Ltd. boosted its stake in Camden Property Trust by 34.5% during the 2nd quarter. Invesco Ltd. now owns 2,375,058 shares of the real estate investment trust's stock worth $267,645,000 after acquiring an additional 609,697 shares during the last quarter. Finally, Jennison Associates LLC grew its holdings in Camden Property Trust by 87.3% during the second quarter. Jennison Associates LLC now owns 1,013,719 shares of the real estate investment trust's stock valued at $114,236,000 after purchasing an additional 472,623 shares during the period. Institutional investors and hedge funds own 97.22% of the company's stock.
About Camden Property Trust
(
Get Free Report)
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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