27,966 Shares of COPT Defense Properties $CDP Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in COPT Defense Properties (NYSE:CDP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,966 shares of the company’s stock, valued at approximately $934,000.

A number of other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc increased its stake in COPT Defense Properties by 38.8% during the 3rd quarter. Versant Capital Management Inc now owns 1,159 shares of the company’s stock valued at $39,000 after purchasing an additional 324 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in COPT Defense Properties by 16.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock worth $74,000 after buying an additional 339 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of COPT Defense Properties by 20.9% in the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock worth $105,000 after buying an additional 498 shares in the last quarter. State of Michigan Retirement System lifted its stake in shares of COPT Defense Properties by 1.9% in the first quarter. State of Michigan Retirement System now owns 27,213 shares of the company’s stock worth $833,000 after buying an additional 500 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of COPT Defense Properties by 2.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 23,198 shares of the company’s stock valued at $710,000 after buying an additional 600 shares during the last quarter.

Wall Street Analysts Forecast Growth

CDP has been the subject of several analyst reports. Evercore reissued an “outperform” rating and set a $42.00 price target on shares of COPT Defense Properties in a research report on Monday, July 27th. Citigroup upped their price objective on COPT Defense Properties from $34.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Truist Financial increased their target price on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a research note on Monday, August 24th. Weiss Ratings reissued a “buy (b)” rating on shares of COPT Defense Properties in a report on Thursday, October 15th. Finally, Wells Fargo & Company lifted their target price on COPT Defense Properties from $36.00 to $41.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.00.

COPT Defense Properties Stock Performance

Shares of NYSE CDP traded up $0.11 during trading on Friday, reaching $33.94. 645,217 shares of the company traded hands, compared to its average volume of 914,677. The firm has a 50 day simple moving average of $34.75 and a 200-day simple moving average of $34.45. COPT Defense Properties has a 52-week low of $27.06 and a 52-week high of $38.90. The stock has a market capitalization of $3.85 billion, a PE ratio of 23.57 and a beta of 0.77. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.64.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings data on Monday, July 27th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm had revenue of $197.39 million during the quarter, compared to analysts’ expectations of $189.36 million. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. During the same period in the previous year, the company earned $0.34 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. Equities research analysts anticipate that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.32 per share. The ex-dividend date was Wednesday, September 30th. This represents a $1.28 dividend on an annualized basis and a yield of 3.8%. COPT Defense Properties’s payout ratio is currently 88.89%.

COPT Defense Properties Profile

COPT Defense Properties is a real estate investment trust that owns, develops, manages and leases properties designed to support the U.S. government, defense and information technology sectors. Its portfolio includes office buildings, data centers, specialized facilities and other mission-critical properties leased primarily to government agencies, defense contractors and technology companies.

The company’s properties are concentrated in key defense and national security markets, including Northern Virginia, suburban Maryland and the broader Washington, DC, region.