Easterly Investment Partners LLC Acquires 181,935 Shares of COPT Defense Properties $CDP

Easterly Investment Partners LLC raised its holdings in COPT Defense Properties (NYSE:CDP) by 154.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 299,934 shares of the company’s stock after buying an additional 181,935 shares during the period. Easterly Investment Partners LLC’s holdings in COPT Defense Properties were worth $8,338,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CDP. EverSource Wealth Advisors LLC grew its position in COPT Defense Properties by 1,176.5% in 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 during the last quarter. Optima Capital LLC bought a new position in COPT Defense Properties in the 4th quarter valued at $63,000. 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 valued at $88,000 after acquiring an additional 1,192 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in COPT Defense Properties by 33.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,300 shares of the company’s stock valued at $92,000 after acquiring an additional 827 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in COPT Defense Properties by 181.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,992 shares of the company’s stock valued at $111,000 after acquiring an additional 2,574 shares during the last quarter.

COPT Defense Properties Trading Down 0.0%

Shares of NYSE CDP opened at $32.05 on Monday. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.85 and a quick ratio of 2.85. The stock has a market capitalization of $3.63 billion, a P/E ratio of 23.22 and a beta of 0.79. COPT Defense Properties has a 1-year low of $26.91 and a 1-year high of $33.33. The business has a fifty day moving average price of $31.74 and a 200 day moving average price of $30.82.

COPT Defense Properties (NYSE:CDP) last issued 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 company had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last 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. Equities research analysts expect 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 Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $0.32 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.28 dividend on an annualized basis and a yield of 4.0%. COPT Defense Properties’s dividend payout ratio (DPR) is 92.75%.

Insider Buying and Selling

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the sale, the director directly owned 3,803 shares in the company, valued at approximately $123,141.14. This trade represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Evercore reaffirmed an “outperform” rating and issued a $38.00 price objective on shares of COPT Defense Properties in a research report on Tuesday, April 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a research report on Wednesday, April 29th. Truist Financial upped their price objective on COPT Defense Properties from $31.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Citigroup upped their price objective on COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Finally, JPMorgan Chase & Co. increased their price target 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. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, COPT Defense Properties currently has an average rating of “Moderate Buy” and an average price target of $34.50.

COPT Defense Properties Company 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.