Ontario Teachers Pension Plan Board Sells 65,584 Shares of COPT Defense Properties $CDP

Ontario Teachers Pension Plan Board trimmed its holdings in shares of COPT Defense Properties (NYSE:CDP) by 29.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 159,401 shares of the company’s stock after selling 65,584 shares during the quarter. Ontario Teachers Pension Plan Board owned about 0.14% of COPT Defense Properties worth $4,632,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CDP. Financial Consulate Inc. acquired a new position in shares of COPT Defense Properties during the 3rd quarter worth approximately $39,000. EverSource Wealth Advisors LLC grew its position in COPT Defense Properties by 1,176.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after buying an additional 1,553 shares in the last quarter. GAMMA Investing LLC increased its stake in COPT Defense Properties by 31.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock worth $57,000 after acquiring an additional 469 shares during the period. Osaic Holdings Inc. raised its holdings in COPT Defense Properties by 59.6% in the 2nd quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock valued at $88,000 after acquiring an additional 1,192 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of COPT Defense Properties by 810.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,415 shares of the company’s stock valued at $94,000 after acquiring an additional 3,040 shares during the period.

COPT Defense Properties Stock Performance

Shares of COPT Defense Properties stock opened at $31.54 on Thursday. The company’s 50 day moving average price is $29.89 and its two-hundred day moving average price is $29.32. The firm has a market capitalization of $3.57 billion, a P/E ratio of 23.36 and a beta of 0.86. COPT Defense Properties has a fifty-two week low of $23.92 and a fifty-two week high of $32.78. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 2.34.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. COPT Defense Properties had a net margin of 19.94% and a return on equity of 9.82%. The company had revenue of $197.36 million during the quarter, compared to the consensus estimate of $188.79 million. During the same period in the prior year, the business earned $0.65 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. COPT Defense Properties has set its FY 2026 guidance at 2.710-2.790 EPS and its Q1 2026 guidance at 0.670-0.690 EPS. On average, equities analysts forecast that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CDP has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Wednesday, January 21st. Cantor Fitzgerald boosted their target price on shares of COPT Defense Properties from $33.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Citigroup upped their price target on shares of COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Jefferies Financial Group lifted their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Finally, Wells Fargo & Company upped their target price on COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.63.

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.