Daiwa Securities Group Inc. Sells 18,584 Shares of COPT Defense Properties $CDP

Daiwa Securities Group Inc. lowered its position in COPT Defense Properties (NYSE:CDP) by 30.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,004 shares of the company’s stock after selling 18,584 shares during the period. Daiwa Securities Group Inc.’s holdings in COPT Defense Properties were worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its stake in COPT Defense Properties by 1,176.5% in the second 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 during the last quarter. Optima Capital LLC bought a new stake in COPT Defense Properties in the fourth quarter worth about $63,000. Osaic Holdings Inc. lifted its stake 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 purchasing an additional 1,192 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake 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 purchasing an additional 827 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its stake in COPT Defense Properties by 181.5% in the fourth quarter. Global Retirement Partners LLC now owns 3,992 shares of the company’s stock worth $111,000 after purchasing an additional 2,574 shares during the last quarter.

Analysts Set New Price Targets

CDP has been the subject of several analyst reports. Wells Fargo & Company raised their price objective on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Evercore reissued an “outperform” rating and issued a $38.00 price objective on shares of COPT Defense Properties in a research note on Tuesday, April 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Finally, Truist Financial raised their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a research note on Monday. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $35.00.

Insider Activity at COPT Defense Properties

In other news, Director Robert L. Denton sold 3,922 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total transaction of $126,994.36. Following the transaction, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. This trade represents a 50.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.66% of the company’s stock.

COPT Defense Properties Stock Performance

Shares of NYSE:CDP opened at $34.27 on Thursday. The firm has a market cap of $3.89 billion, a PE ratio of 24.83 and a beta of 0.79. The firm’s 50 day simple moving average is $31.95 and its 200-day simple moving average is $31.01. COPT Defense Properties has a one year low of $26.91 and a one year high of $34.64. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85.

COPT Defense Properties (NYSE:CDP) last issued its earnings results on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). The company had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The business’s revenue was up 6.8% compared to the same quarter last year. During the same period last year, the business 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. As a group, equities analysts predict that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.7%. COPT Defense Properties’s dividend payout ratio (DPR) is 92.75%.

COPT Defense Properties Company 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.