Robert Denton Sells 3,922 Shares of COPT Defense Properties (NYSE:CDP) Stock

COPT Defense Properties (NYSE:CDP) Director Robert Denton sold 3,922 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total transaction of $126,994.36. Following the completion of the sale, the director owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. The trade was a 50.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

COPT Defense Properties Stock Performance

NYSE CDP opened at $32.05 on Friday. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $33.33. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.85 and a quick ratio of 2.85. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 23.22 and a beta of 0.80. The company has a fifty day moving average price of $31.74 and a 200-day moving average price of $30.81.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.34). The firm had revenue of $200.64 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company earned $0.65 EPS. 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 research analysts predict that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.32 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 4.0%. COPT Defense Properties’s dividend payout ratio is presently 92.75%.

Analyst Ratings Changes

Several equities analysts recently weighed in on CDP shares. JPMorgan Chase & Co. increased their price target on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Evercore restated an “outperform” rating and set a $38.00 price target on shares of COPT Defense Properties in a research report on Tuesday, April 28th. Truist Financial increased their price target on shares of COPT Defense Properties from $31.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Cantor Fitzgerald restated an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research report on Wednesday, April 29th. Finally, Citigroup increased their price target on shares of COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.50.

Hedge Funds Weigh In On COPT Defense Properties

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC purchased a new stake in COPT Defense Properties in the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC raised 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 valued at $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 approximately $63,000. Caitong International Asset Management Co. Ltd raised its stake in COPT Defense Properties by 283.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after purchasing an additional 2,346 shares in the last quarter. Finally, Osaic Holdings Inc. raised 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 valued at $88,000 after purchasing an additional 1,192 shares in the last quarter.

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.