Vanguard Group Inc. Boosts Holdings in COPT Defense Properties $CDP

Vanguard Group Inc. raised its position in COPT Defense Properties (NYSE:CDP) by 0.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 17,127,858 shares of the company’s stock after acquiring an additional 128,583 shares during the quarter. Vanguard Group Inc. owned approximately 0.15% of COPT Defense Properties worth $476,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in shares of COPT Defense Properties by 1,176.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after purchasing an additional 1,553 shares in the last quarter. Optima Capital LLC purchased a new stake in COPT Defense Properties in the fourth quarter valued at about $63,000. Osaic Holdings Inc. boosted its holdings in COPT Defense Properties by 59.6% in the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after acquiring an additional 1,192 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in COPT Defense Properties by 33.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,300 shares of the company’s stock worth $92,000 after acquiring an additional 827 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its stake in shares of COPT Defense Properties by 45.7% during the third quarter. Hantz Financial Services Inc. now owns 4,975 shares of the company’s stock worth $145,000 after acquiring an additional 1,560 shares during the last quarter.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Jefferies Financial Group raised their price target on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $37.00 price objective on shares of COPT Defense Properties in a research note on Wednesday, April 29th. Citigroup upped their target price on COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Finally, Evercore restated an “outperform” rating and issued a $38.00 target price on shares of COPT Defense Properties in a research note on Tuesday, April 28th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $34.38.

Insider Buying and Selling

In other COPT Defense Properties news, Director Philip L. Hawkins sold 5,536 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $32.71, for a total transaction of $181,082.56. Following the sale, the director directly owned 15,188 shares of the company’s stock, valued at approximately $496,799.48. This trade represents a 26.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.66% of the company’s stock.

COPT Defense Properties Price Performance

Shares of NYSE:CDP opened at $30.97 on Wednesday. COPT Defense Properties has a twelve month low of $25.99 and a twelve month high of $33.29. The company’s 50 day moving average is $31.80 and its 200 day moving average is $30.36. The company has a current ratio of 2.85, a quick ratio of 3.95 and a debt-to-equity ratio of 1.63. The company has a market cap of $3.51 billion, a PE ratio of 22.44 and a beta of 0.80.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.34). The business had revenue of $200.64 million for the quarter, compared to analyst estimates of $185.10 million. COPT Defense Properties had a net margin of 20.10% and a return on equity of 10.02%. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 2.730-2.790 EPS and its Q2 2026 guidance at 0.680-0.700 EPS. On average, sell-side analysts forecast that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.32 per share. This is a boost from COPT Defense Properties’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Tuesday, March 31st. COPT Defense Properties’s payout ratio is presently 92.75%.

COPT Defense Properties Profile

COPT Defense Properties (NYSE: CDP) is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company’s portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories.