COPT Defense Properties (NYSE:CDP) Director Sells $126,994.36 in Stock

COPT Defense Properties (NYSE:CDP) Director Robert Denton sold 3,922 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total transaction of $126,994.36. Following the transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

COPT Defense Properties Stock Performance

NYSE:CDP opened at $32.05 on Friday. The company has a quick ratio of 2.85, a current ratio of 2.85 and a debt-to-equity ratio of 1.63. COPT Defense Properties has a fifty-two week low of $26.91 and a fifty-two week high of $33.33. The stock has a market cap of $3.63 billion, a PE ratio of 23.22 and a beta of 0.80. The firm’s fifty day simple moving average is $31.74 and its 200-day simple moving average is $30.81.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings results 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). COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The company had revenue of $200.64 million for the quarter, compared to analyst estimates of $185.10 million. During the same period last year, the company earned $0.65 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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. Analysts expect that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.32 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.28 annualized dividend and a dividend yield of 4.0%. COPT Defense Properties’s payout ratio is currently 92.75%.

Analysts Set New Price Targets

Several equities research analysts recently commented on CDP shares. JPMorgan Chase & Co. boosted their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Truist Financial boosted their price objective on shares of COPT Defense Properties from $31.00 to $33.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Citigroup boosted their price objective on shares of COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Evercore reiterated an “outperform” rating and issued a $38.00 price objective on shares of COPT Defense Properties in a research report on Tuesday, April 28th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a research report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its holdings in COPT Defense Properties by 16.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock valued at $74,000 after purchasing an additional 339 shares in the last quarter. California State Teachers Retirement System lifted its holdings in COPT Defense Properties by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock valued at $2,874,000 after purchasing an additional 457 shares in the last quarter. Arizona State Retirement System lifted its holdings in COPT Defense Properties by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 33,402 shares of the company’s stock valued at $971,000 after purchasing an additional 459 shares in the last quarter. State of Michigan Retirement System lifted its holdings in COPT Defense Properties by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 27,213 shares of the company’s stock valued at $833,000 after purchasing an additional 500 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in COPT Defense Properties by 2.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 20,780 shares of the company’s stock valued at $588,000 after purchasing an additional 513 shares in the last quarter.

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.