Public Employees Retirement System of Ohio Buys New Holdings in COPT Defense Properties $CDP

Public Employees Retirement System of Ohio bought a new position in COPT Defense Properties (NYSE:CDP) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 220,050 shares of the company’s stock, valued at approximately $8,008,000. Public Employees Retirement System of Ohio owned 0.19% of COPT Defense Properties at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Los Angeles Capital Management LLC acquired a new position in shares of COPT Defense Properties in the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 1,553 shares in the last quarter. Caitong International Asset Management Co. Ltd increased 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 acquiring an additional 2,346 shares during the period. Osaic Holdings Inc. increased 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 acquiring an additional 1,192 shares during the period. Finally, GAMMA Investing LLC raised its position in COPT Defense Properties by 20.9% in the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock worth $105,000 after purchasing an additional 498 shares in the last quarter.

COPT Defense Properties Price Performance

NYSE:CDP opened at $35.49 on Wednesday. The firm has a market cap of $4.02 billion, a PE ratio of 24.65 and a beta of 0.76. COPT Defense Properties has a 12 month low of $27.06 and a 12 month high of $38.90. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.64. The company’s 50-day moving average price is $37.04 and its two-hundred day moving average price is $33.84.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.07. COPT Defense Properties had a net margin of 20.94% and a return on equity of 10.48%. The company had revenue of $197.39 million during the quarter, compared to analyst estimates of $189.36 million. During the same quarter last year, the business posted $0.34 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. On average, equities analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, September 30th. COPT Defense Properties’s dividend payout ratio (DPR) is currently 88.89%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Evercore restated an “outperform” rating and set a $42.00 price target on shares of COPT Defense Properties in a research note on Monday, July 27th. Truist Financial upped their price objective on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a research note on Monday, August 24th. Weiss Ratings reissued a “buy (b)” rating on shares of COPT Defense Properties in a report on Friday, July 17th. JPMorgan Chase & Co. raised their target price on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $37.38.

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.