Knights of Columbus Asset Advisors LLC Has $2.16 Million Holdings in COPT Defense Properties $CDP

Knights of Columbus Asset Advisors LLC cut its stake in shares of COPT Defense Properties (NYSE:CDP) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,126 shares of the company’s stock after selling 1,319 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.07% of COPT Defense Properties worth $2,155,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CDP. Wealth Enhancement Advisory Services LLC grew its stake in shares of COPT Defense Properties by 6.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,651 shares of the company’s stock worth $423,000 after purchasing an additional 813 shares during the period. GAMMA Investing LLC grew its stake in shares of COPT Defense Properties by 1,732.9% during the first quarter. GAMMA Investing LLC now owns 25,716 shares of the company’s stock worth $701,000 after purchasing an additional 24,313 shares during the period. UMB Bank n.a. grew its stake in shares of COPT Defense Properties by 321.7% during the first quarter. UMB Bank n.a. now owns 1,071 shares of the company’s stock worth $29,000 after purchasing an additional 817 shares during the period. SG Americas Securities LLC acquired a new stake in shares of COPT Defense Properties during the first quarter worth $926,000. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in shares of COPT Defense Properties by 11.0% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 763,547 shares of the company’s stock worth $20,822,000 after purchasing an additional 75,390 shares during the period.

COPT Defense Properties Stock Down 0.6%

NYSE:CDP opened at $28.72 on Tuesday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 22.44 and a beta of 0.94. The stock has a 50-day moving average price of $28.98 and a two-hundred day moving average price of $27.88. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $34.22.

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

COPT Defense Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, September 30th. COPT Defense Properties’s dividend payout ratio is currently 95.31%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CDP. JPMorgan Chase & Co. lifted their price objective on COPT Defense Properties from $30.00 to $33.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 17th. Cantor Fitzgerald assumed coverage on COPT Defense Properties in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $35.00 target price for the company. Evercore ISI decreased their target price on COPT Defense Properties from $36.00 to $35.00 and set an “outperform” rating for the company in a research note on Monday, September 29th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Saturday, September 27th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.57.

Insider Buying and Selling at COPT Defense Properties

In other news, Director Lisa G. Trimberger sold 4,896 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $30.72, for a total transaction of $150,405.12. Following the completion of the transaction, the director directly owned 20,287 shares of the company’s stock, valued at $623,216.64. This represents a 19.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.42% of the stock is owned by corporate insiders.

COPT Defense Properties Profile

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.