Fort Washington Investment Advisors Inc. OH Buys 839,223 Shares of COPT Defense Properties $CDP

Fort Washington Investment Advisors Inc. OH bought a new stake in shares of COPT Defense Properties (NYSE:CDP) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 839,223 shares of the company’s stock, valued at approximately $28,030,000.

Other hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in COPT Defense Properties in the 2nd quarter valued at $29,000. Versant Capital Management Inc increased its holdings in shares of COPT Defense Properties by 38.8% during the 3rd quarter. Versant Capital Management Inc now owns 1,159 shares of the company’s stock worth $39,000 after purchasing an additional 324 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of COPT Defense Properties by 16.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock worth $74,000 after purchasing an additional 339 shares during the period. Nykredit A S bought a new position in shares of COPT Defense Properties during the 2nd quarter worth about $76,000. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of COPT Defense Properties by 283.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after buying an additional 2,346 shares during the last quarter.

COPT Defense Properties Stock Up 0.0%

CDP opened at $33.23 on Friday. The company has a market capitalization of $3.77 billion, a P/E ratio of 11.91 and a beta of 0.77. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.89. The firm’s fifty day moving average price is $35.18 and its two-hundred day moving average price is $34.37. COPT Defense Properties has a fifty-two week low of $27.06 and a fifty-two week high of $38.90.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $189.36 million. During the same quarter in the prior year, the company posted $0.34 EPS. 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, analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, September 30th. COPT Defense Properties’s payout ratio is 88.89%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Evercore reissued an “outperform” rating and set a $42.00 target price on shares of COPT Defense Properties in a research report on Monday, July 27th. Truist Financial upped their price target on COPT Defense Properties from $34.00 to $38.00 and gave the company a “hold” rating in a report on Monday, August 24th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a report on Thursday, June 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of COPT Defense Properties in a research report on Friday, July 17th. Finally, Wells Fargo & Company raised their price objective on COPT Defense Properties from $36.00 to $41.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. Five investment 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 an average rating of “Moderate Buy” and an average target price of $38.00.

COPT Defense Properties Company Profile

COPT Defense Properties (NYSE: CDP) is a real estate investment trust that owns, operates and develops properties serving the U.S. government, defense contractors and information technology companies. The company’s portfolio includes office buildings, data center facilities and other specialized properties designed to support mission-critical operations.

The company primarily serves demand centers in the Greater Washington, DC, and Northern Virginia markets, as well as select locations in Maryland and other areas with significant concentrations of defense and government-related activity.