SG Americas Securities LLC Has $273,000 Stock Holdings in COPT Defense Properties $CDP

SG Americas Securities LLC trimmed its position in shares of COPT Defense Properties (NYSE:CDP) by 70.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 9,907 shares of the company’s stock after selling 24,064 shares during the quarter. SG Americas Securities LLC’s holdings in COPT Defense Properties were worth $273,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Nissay Asset Management Corp Japan ADV increased its position in COPT Defense Properties by 2.4% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 16,997 shares of the company’s stock worth $464,000 after purchasing an additional 397 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of COPT Defense Properties by 4.8% during the 2nd quarter. Arkadios Wealth Advisors now owns 12,132 shares of the company’s stock valued at $335,000 after buying an additional 557 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of COPT Defense Properties by 59.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,504 shares of the company’s stock valued at $41,000 after buying an additional 561 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in COPT Defense Properties by 2.0% in the second quarter. Exchange Traded Concepts LLC now owns 30,266 shares of the company’s stock worth $835,000 after buying an additional 580 shares during the last quarter. Finally, Quarry LP increased its holdings in COPT Defense Properties by 102.0% in the first quarter. Quarry LP now owns 1,186 shares of the company’s stock worth $32,000 after buying an additional 599 shares during the last quarter.

Insider Transactions at COPT Defense Properties

In other news, Director Lisa G. Trimberger sold 3,000 shares of the business’s 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 filing with the SEC, which is accessible through this hyperlink. 1.42% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on CDP shares. Jefferies Financial Group boosted their target price on shares of COPT Defense Properties from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their target price on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 17th. New Street Research set a $33.00 target price on COPT Defense Properties in a report on Monday, October 13th. Finally, Evercore ISI decreased their price target 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. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.57.

COPT Defense Properties Trading Up 0.3%

COPT Defense Properties stock opened at $30.73 on Friday. COPT Defense Properties has a 52 week low of $23.92 and a 52 week high of $33.49. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.96 and a current ratio of 2.96. The firm has a market capitalization of $3.48 billion, a PE ratio of 24.01 and a beta of 0.93. The business’s 50-day simple moving average is $28.88 and its 200-day simple moving average is $28.53.

COPT Defense Properties (NYSE:CDP) last released its earnings results on Thursday, October 30th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The firm had revenue of $188.80 million for the quarter, compared to analyst estimates of $187.63 million. During the same quarter last year, the firm posted $0.65 EPS. The company’s revenue was down .2% on a year-over-year basis. COPT Defense Properties has set its FY 2025 guidance at 2.690-2.710 EPS. Q4 2025 guidance at 0.670-0.690 EPS. Equities research analysts forecast that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be given a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, December 31st. COPT Defense Properties’s dividend payout ratio (DPR) is currently 91.73%.

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.