COPT Defense Properties $CDP Position Raised by Picton Mahoney Asset Management

Picton Mahoney Asset Management grew its position in shares of COPT Defense Properties (NYSE:CDP) by 83,723.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,853 shares of the company’s stock after purchasing an additional 31,815 shares during the quarter. Picton Mahoney Asset Management’s holdings in COPT Defense Properties were worth $924,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Financial Consulate Inc. acquired a new stake in shares of COPT Defense Properties in the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC boosted its stake in COPT Defense Properties by 1,176.5% during the 2nd 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 during the period. GAMMA Investing LLC grew its position in COPT Defense Properties by 31.2% in the 3rd quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock worth $57,000 after purchasing an additional 469 shares during the last quarter. Osaic Holdings Inc. grew its position in COPT Defense Properties by 59.6% in the 2nd 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. Finally, Hantz Financial Services Inc. increased its stake in shares of COPT Defense Properties by 45.7% in the third quarter. Hantz Financial Services Inc. now owns 4,975 shares of the company’s stock valued at $145,000 after purchasing an additional 1,560 shares during the period.

COPT Defense Properties Stock Performance

Shares of CDP opened at $32.10 on Friday. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 3.95. The firm’s 50 day moving average is $30.71 and its 200-day moving average is $29.67. COPT Defense Properties has a 12-month low of $23.92 and a 12-month high of $32.82. The stock has a market capitalization of $3.63 billion, a P/E ratio of 23.78 and a beta of 0.86.

COPT Defense Properties (NYSE:CDP) last issued its earnings results on Thursday, February 5th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $197.36 million during the quarter, compared to analysts’ expectations of $188.79 million. COPT Defense Properties had a net margin of 19.94% and a return on equity of 9.82%. The firm’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $0.65 earnings per share. 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. Equities research analysts anticipate that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Tuesday, March 31st. This is a positive change from COPT Defense Properties’s previous quarterly dividend of $0.31. COPT Defense Properties’s payout ratio is presently 90.37%.

Analysts Set New Price Targets

CDP has been the subject of several analyst reports. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald raised their target price on COPT Defense Properties from $33.00 to $37.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Truist Financial lifted their target price on COPT Defense Properties from $31.00 to $33.00 and gave the company a “hold” rating in a research note on Tuesday. Citigroup increased their price target on COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of COPT Defense Properties in a report on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, COPT Defense Properties currently has an average rating of “Moderate Buy” and an average target price of $33.88.

Insider Buying and Selling

In other COPT Defense Properties news, Director Philip L. Hawkins sold 5,536 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $32.71, for a total transaction of $181,082.56. Following the completion of the sale, the director directly owned 15,188 shares of the company’s stock, valued at approximately $496,799.48. This represents a 26.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.42% of the company’s stock.

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.