CPT stock icon

Camden Property Trust
CPT

$113.01
1.89%

Market Cap: 12B

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 22 analysts
0
News positive %
of 13 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

21% more repeat investments, than reductions

Existing positions increased: 195 | Existing positions reduced: 161

0% more funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]

5% less capital invested

Capital invested by funds: $10.3B [Q4 2023] → $9.8B (-$514M) [Q1 2024]

7% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 68

1% less funds holding

Funds holding: 500 [Q4 2023] → 495 (-5) [Q1 2024]

3.94% less ownership

Funds ownership: 97.23% [Q4 2023] → 93.29% (-3.94%) [Q1 2024]

60% less call options, than puts

Call options by funds: $5.4M | Put options by funds: $13.6M

Research analyst outlook

22 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$90
20%
downside
Avg. target
$108
4%
downside
High target
$122
8%
upside

22 analyst ratings

12 positive
55%
neutral
36%
negative
9%
UBS
Michael Goldsmith
4%upside
$117
Neutral
Maintained
18 Jul 2024
Truist Securities
Michael Lewis
8%upside
$122
Buy
Maintained
24 Jun 2024
JP Morgan
Anthony Paolone
1%downside
$112
Neutral
Maintained
17 Jun 2024
Wells Fargo
James Feldman
8%downside
$104
Underweight
Maintained
31 May 2024
Mizuho
Vikram Malhorta
4%downside
$108
Buy
Maintained
30 May 2024

Financial journalist opinion

Based on 13 articles about CPT published over the past 30 days