Camden Property TrustCPT Market cap $12.9B
About: Camden Property Trust is a real estate investment trust primarily engaged in the acquisition, management, and development of multifamily apartment communities across the United States. The company's real estate portfolio consists primarily of apartment properties throughout the Sun Belt. Houston, Dallas, Las Vegas, and Atlanta represent some of Camden's largest housing markets in terms of apartment units. The firm derives nearly all of its revenue from the leasing of properties to tenants through short-term agreements. Camden Property derives the majority of its revenue from the Washington D.C., Los Angeles, Houston, Atlanta, and southeastern Florida areas.
Employees: 1,640
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 52
13% more capital invested
Capital invested by funds: $9.9B [Q1] → $11.2B (+$1.33B) [Q2]
4% more funds holding
Funds holding: 503 [Q1] → 523 (+20) [Q2]
2.4% more ownership
Funds ownership: 94.2% [Q1] → 96.6% (+2.4%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 190
83% less call options, than puts
Call options by funds: $3.45M | Put options by funds: $20.5M
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Scotiabank Nicholas Yulico 64% 1-year accuracy 9 / 14 met price target | 9%upside $132 | Sector Perform Maintained | 16 Sept 2024 |
Evercore ISI Group Steve Sakwa 52% 1-year accuracy 23 / 44 met price target | 2%downside $118 | In-Line Maintained | 16 Sept 2024 |
JP Morgan Anthony Paolone 80% 1-year accuracy 8 / 10 met price target | 7%upside $129 | Neutral Maintained | 16 Sept 2024 |
Deutsche Bank Omotayo Okusanya 73% 1-year accuracy 11 / 15 met price target | 5%downside $115 | Hold Maintained | 10 Sept 2024 |
Evercore ISI Group Steve Sakwa 52% 1-year accuracy 23 / 44 met price target | 4%downside $116 | In-Line Maintained | 9 Sept 2024 |
Financial journalist opinion
Based on 10 articles about CPT published over the past 30 days