12 Best Self Storage and Apartment Stocks to Invest In

3. Camden Property Trust (NYSE:CPT)

Number of Hedge Fund Holders: 33

Camden Property Trust (NYSE:CPT) is a real estate investment trust (REIT) that owns, develops, acquires, and manages multifamily apartment communities in the United States. As one of the largest publicly-traded multifamily companies in the US, it owns and operates 175 properties containing more than 59,000 apartment homes. Camden Property Trust (NYSE:CPT) has 3 properties currently under development.

A key part of Camden Property Trust’s (NYSE:CPT) strategy involves acquiring properties in areas with strong job growth and good economic conditions and this helps the company maintain a competitive portfolio. After the end of Q4 2024, Camden Property Trust (NYSE:CPT) acquired Camden Leander, an apartment community with 352 homes in the Austin, TX metropolitan area for $67.7 million.

On February 14, 2025, Scotiabank analyst Nicholas Yulico raised the firm’s price target for Camden Property Trust (NYSE:CPT) to $135, up from $130, while reiterating a ‘Sector Perform’ rating. This decision came after the Q4 2024 results for the US Multifamily REITs. According to Yulico, the firm sees a stronger blended growth rate in the second half of the year, driven by less pressure from supply and a stable demand outlook. Same-store growth was largely in line with expectations, and Camden Property Trust’s (NYSE:CPT) executives are optimistic about improvements in the transaction market throughout 2025.