Leeward Investments LLC MA Sells 22,119 Shares of COPT Defense Properties $CDP

Leeward Investments LLC MA cut its holdings in COPT Defense Properties (NYSE:CDP) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 498,782 shares of the company’s stock after selling 22,119 shares during the period. Leeward Investments LLC MA’s holdings in COPT Defense Properties were worth $13,756,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. raised its position in shares of COPT Defense Properties by 2.0% in the 1st quarter. Principal Financial Group Inc. now owns 1,945,257 shares of the company’s stock worth $53,047,000 after acquiring an additional 38,916 shares in the last quarter. M&T Bank Corp raised its holdings in shares of COPT Defense Properties by 23.5% during the first quarter. M&T Bank Corp now owns 27,034 shares of the company’s stock valued at $737,000 after purchasing an additional 5,145 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of COPT Defense Properties by 21.2% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,403,647 shares of the company’s stock valued at $38,277,000 after purchasing an additional 245,440 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of COPT Defense Properties by 28.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,517 shares of the company’s stock worth $478,000 after purchasing an additional 3,866 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of COPT Defense Properties by 9.9% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 711,833 shares of the company’s stock valued at $19,412,000 after buying an additional 63,978 shares during the period.

COPT Defense Properties Stock Performance

Shares of CDP stock opened at $28.37 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a 50-day moving average of $29.10 and a 200-day moving average of $28.02. COPT Defense Properties has a one year low of $23.92 and a one year high of $34.22. The company has a market cap of $3.20 billion, a P/E ratio of 22.16 and a beta of 0.94.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The company had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. During the same period last year, the firm earned $0.64 earnings per share. The firm’s revenue was up 1.4% on a year-over-year basis. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. Equities research analysts forecast that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, September 30th. COPT Defense Properties’s dividend payout ratio (DPR) is presently 95.31%.

Insider Buying and Selling at COPT Defense Properties

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on CDP. Weiss Ratings reiterated a “buy (b-)” rating on shares of COPT Defense Properties in a report on Friday. Cantor Fitzgerald initiated coverage on shares of COPT Defense Properties in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $35.00 price target for the company. New Street Research set a $33.00 price objective on shares of COPT Defense Properties in a report on Monday, October 13th. Jefferies Financial Group raised their price objective on shares of COPT Defense Properties from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Finally, JPMorgan Chase & Co. raised their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Wednesday, September 17th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $33.75.

COPT Defense Properties Company 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.