COPT Defense Properties $CDP Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its holdings in shares of COPT Defense Properties (NYSE:CDP) by 55.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 13,513 shares of the company’s stock after selling 17,024 shares during the quarter. Pacer Advisors Inc.’s holdings in COPT Defense Properties were worth $376,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of CDP. Royal Bank of Canada boosted its position in shares of COPT Defense Properties by 12.1% during the first quarter. Royal Bank of Canada now owns 104,602 shares of the company’s stock worth $2,853,000 after buying an additional 11,316 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in COPT Defense Properties by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,030 shares of the company’s stock worth $1,828,000 after buying an additional 2,931 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in COPT Defense Properties by 5.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 834,042 shares of the company’s stock worth $22,744,000 after buying an additional 39,683 shares during the last quarter. Jane Street Group LLC increased its position in shares of COPT Defense Properties by 152.4% during the first quarter. Jane Street Group LLC now owns 214,122 shares of the company’s stock worth $5,839,000 after purchasing an additional 129,303 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of COPT Defense Properties by 11.8% during the second quarter. Invesco Ltd. now owns 758,513 shares of the company’s stock worth $20,920,000 after purchasing an additional 80,153 shares in the last quarter.

Insiders Place Their Bets

In related news, Director Philip L. Hawkins sold 5,536 shares of the 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 sale, the director owned 15,188 shares in the company, valued at $496,799.48. This represents a 26.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.66% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on CDP shares. Evercore restated an “outperform” rating and issued a $38.00 price target on shares of COPT Defense Properties in a research report on Tuesday, April 28th. Jefferies Financial Group boosted their price target on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 target price on shares of COPT Defense Properties in a research note on Wednesday, April 29th. Truist Financial upped 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, March 3rd. Finally, Weiss Ratings upgraded COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.38.

COPT Defense Properties Stock Down 0.2%

Shares of NYSE CDP opened at $31.64 on Friday. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.63. The stock has a fifty day moving average price of $31.73 and a 200 day moving average price of $30.53. The company has a market cap of $3.59 billion, a P/E ratio of 22.93 and a beta of 0.80. COPT Defense Properties has a 12-month low of $26.44 and a 12-month high of $33.29.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings data on Monday, April 27th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). The firm had revenue of $200.64 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. Research analysts anticipate 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. 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 annualized dividend and a dividend yield of 4.0%. COPT Defense Properties’s dividend payout ratio (DPR) 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.