977,264 Shares in COPT Defense Properties $CDP Bought by GRS Advisors LLC

GRS Advisors LLC bought a new stake in COPT Defense Properties (NYSE:CDP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 977,264 shares of the company’s stock, valued at approximately $28,399,000. COPT Defense Properties makes up approximately 2.7% of GRS Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. GRS Advisors LLC owned approximately 0.86% of COPT Defense Properties at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CDP. Squarepoint Ops LLC increased its holdings in COPT Defense Properties by 25.1% in the third quarter. Squarepoint Ops LLC now owns 45,073 shares of the company’s stock worth $1,310,000 after buying an additional 9,030 shares during the last quarter. Wellington Management Group LLP acquired a new stake in COPT Defense Properties in the third quarter valued at approximately $10,665,000. Pathstone Holdings LLC grew its position in COPT Defense Properties by 6.0% in the third quarter. Pathstone Holdings LLC now owns 69,856 shares of the company’s stock worth $2,031,000 after acquiring an additional 3,975 shares in the last quarter. Boston Partners bought a new stake in COPT Defense Properties in the third quarter worth approximately $1,553,000. Finally, Entropy Technologies LP acquired a new position in shares of COPT Defense Properties during the 3rd quarter worth $769,000.

Insider Buying and Selling

In other 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 transaction, the director 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.42% of the stock is currently owned by insiders.

COPT Defense Properties Stock Down 0.2%

CDP stock opened at $31.65 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. COPT Defense Properties has a 52-week low of $23.92 and a 52-week high of $32.82. The company has a 50-day moving average of $31.12 and a two-hundred day moving average of $29.80. The stock has a market capitalization of $3.58 billion, a price-to-earnings ratio of 23.44 and a beta of 0.86.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. COPT Defense Properties had a return on equity of 9.82% and a net margin of 19.94%.The business had revenue of $197.36 million during the quarter, compared to analysts’ expectations of $188.79 million. During the same quarter in the previous year, the firm earned $0.65 EPS. The firm’s revenue was up 7.6% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that COPT Defense Properties will post 2.67 EPS for the current 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 paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, March 31st. This is an increase from COPT Defense Properties’s previous quarterly dividend of $0.31. COPT Defense Properties’s dividend payout ratio is currently 90.37%.

Wall Street Analysts Forecast Growth

CDP has been the topic of a number of recent research reports. Wells Fargo & Company raised their price target on shares of COPT Defense Properties from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Truist Financial upped their price objective on shares of COPT Defense Properties from $31.00 to $33.00 and gave the stock a “hold” rating in a report on Tuesday, March 3rd. Cantor Fitzgerald increased their target price on shares of COPT Defense Properties from $33.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Weiss Ratings restated a “buy (b-)” rating on shares of COPT Defense Properties in a report on Wednesday, January 21st. Finally, Evercore reaffirmed an “outperform” rating on shares of COPT Defense Properties in a research report on Friday, February 6th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $33.88.

About COPT Defense Properties

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.