Y Intercept Hong Kong Ltd Boosts Holdings in Camden Property Trust $CPT

by · The Markets Daily

Y Intercept Hong Kong Ltd raised its holdings in shares of Camden Property Trust (NYSE:CPT – Free Report) by 558.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,671 shares of the real estate investment trust’s stock after buying an additional 39,578 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Camden Property Trust were worth $4,984,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Forsta AP Fonden grew its holdings in Camden Property Trust by 0.6% during the second quarter. Forsta AP Fonden now owns 17,400 shares of the real estate investment trust’s stock valued at $1,961,000 after purchasing an additional 100 shares during the period. Intact Investment Management Inc. boosted its holdings in Camden Property Trust by 16.7% in the 2nd quarter. Intact Investment Management Inc. now owns 700 shares of the real estate investment trust’s stock worth $79,000 after buying an additional 100 shares during the period. IFP Advisors Inc increased its stake in 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 worth $36,000 after buying an additional 101 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Camden Property Trust by 0.6% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,395 shares of the real estate investment trust’s stock valued at $2,073,000 after acquiring an additional 103 shares during the period. Finally, Osaic Holdings Inc. grew its position in shares of Camden Property Trust by 0.8% during the second quarter. Osaic Holdings Inc. now owns 14,319 shares of the real estate investment trust’s stock worth $1,615,000 after purchasing an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 97.22% of the company’s stock.

Insider Activity at Camden Property Trust

In other Camden Property Trust news, CEO Richard J. Campo sold 38,021 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $109.78, for a total value of $4,173,945.38. Following the completion of the sale, the chief executive officer directly owned 301,156 shares of the company’s stock, valued at $33,060,905.68. The trade was a 11.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Heather J. Brunner sold 2,104 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $109.69, for a total transaction of $230,787.76. Following the transaction, the director directly owned 10,205 shares in the company, valued at approximately $1,119,386.45. This trade represents a 17.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 52,288 shares of company stock worth $5,741,857. 1.80% of the stock is currently owned by corporate insiders.

Camden Property Trust Stock Up 1.2%

NYSE CPT opened at $107.78 on Friday. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 3.97 and a beta of 0.81. Camden Property Trust has a 52 week low of $97.17 and a 52 week high of $126.55. The company has a fifty day moving average of $106.83 and a two-hundred day moving average of $106.97. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.81.

Camden Property Trust (NYSE:CPT – Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.02. The business had revenue of $398.24 million during the quarter, compared to the consensus estimate of $397.89 million. Camden Property Trust had a net margin of 17.15% and a return on equity of 5.75%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.71 earnings per share. 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, analysts predict that Camden Property Trust will post 6.76 earnings per share for the current year.

Camden Property Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Wednesday, December 17th were paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, December 17th. Camden Property Trust’s payout ratio is currently 170.04%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CPT. Evercore ISI cut their price objective on shares of Camden Property Trust from $115.00 to $108.00 and set an “in-line” rating for the company in a report on Monday, November 3rd. Royal Bank Of Canada reduced their target price on Camden Property Trust from $111.00 to $110.00 and set a “sector perform” rating on the stock in a report on Monday, November 10th. Truist Financial increased their price target on Camden Property Trust from $116.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday. Piper Sandler reduced their price objective on Camden Property Trust from $117.00 to $111.00 and set a “neutral” rating on the stock in a research note on Monday, November 10th. Finally, Morgan Stanley reduced 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 report on Thursday, November 13th. Six research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.51.

Get Our Latest Report on Camden Property Trust

Camden Property Trust Profile

(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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