Blue Trust Inc. Increases Stock Holdings in COPT Defense Properties $CDP

Blue Trust Inc. lifted its holdings in shares of COPT Defense Properties (NYSE:CDP) by 8.3% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,343 shares of the company’s stock after acquiring an additional 1,025 shares during the period. Blue Trust Inc.’s holdings in COPT Defense Properties were worth $368,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. ZWJ Investment Counsel Inc. purchased a new stake in COPT Defense Properties during the 2nd quarter worth approximately $228,000. Public Employees Retirement System of Ohio grew its position in COPT Defense Properties by 0.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 253,679 shares of the company’s stock worth $6,996,000 after purchasing an additional 1,544 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of COPT Defense Properties by 59.5% during the second quarter. GAMMA Investing LLC now owns 1,504 shares of the company’s stock valued at $41,000 after buying an additional 561 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of COPT Defense Properties by 2.0% during the second quarter. Exchange Traded Concepts LLC now owns 30,266 shares of the company’s stock valued at $835,000 after buying an additional 580 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of COPT Defense Properties by 15.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,265 shares of the company’s stock valued at $575,000 after buying an additional 2,748 shares during the last quarter.

COPT Defense Properties Stock Up 0.6%

Shares of CDP opened at $27.82 on Tuesday. COPT Defense Properties has a 52 week low of $23.92 and a 52 week high of $34.22. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 21.73 and a beta of 0.94. The stock’s 50-day moving average price is $29.05 and its 200-day moving average price is $27.91.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings data on Monday, July 28th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.67 by $0.01. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The business had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. During the same quarter in the prior year, the firm posted $0.64 EPS. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, sell-side analysts predict that COPT Defense Properties will post 2.67 EPS for the current year.

COPT Defense Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.305 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.22 dividend on an annualized basis and a yield of 4.4%. COPT Defense Properties’s dividend payout ratio is 95.31%.

Insider Transactions at COPT Defense Properties

In other news, Director Lisa G. Trimberger sold 3,000 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $30.52, for a total transaction of $91,560.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.42% of the company’s stock.

Analyst Upgrades and Downgrades

CDP has been the topic of several research analyst reports. Evercore ISI dropped their price target on COPT Defense Properties from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Cantor Fitzgerald began coverage on COPT Defense Properties in a research note on Wednesday, October 1st. They set an “overweight” rating and a $35.00 price target on the stock. Jefferies Financial Group upped their target price on COPT Defense Properties from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upped their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the company a “neutral” rating in a report on Wednesday, September 17th. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.75.

About COPT Defense Properties

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.