Centersquare Investment Management LLC Has $1.59 Million Stock Holdings in COPT Defense Properties $CDP

Centersquare Investment Management LLC cut its position in shares of COPT Defense Properties (NYSE:CDP) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,000 shares of the company’s stock after selling 15,000 shares during the quarter. Centersquare Investment Management LLC owned 0.05% of COPT Defense Properties worth $1,585,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CDP. Norges Bank acquired a new stake in COPT Defense Properties during the fourth quarter worth about $39,685,000. Alliancebernstein L.P. boosted its holdings in COPT Defense Properties by 16.8% during the third quarter. Alliancebernstein L.P. now owns 8,457,373 shares of the company’s stock valued at $245,771,000 after purchasing an additional 1,215,936 shares in the last quarter. GRS Advisors LLC acquired a new stake in COPT Defense Properties during the third quarter valued at approximately $28,399,000. Two Sigma Investments LP boosted its holdings in COPT Defense Properties by 289.9% during the third quarter. Two Sigma Investments LP now owns 900,047 shares of the company’s stock valued at $26,155,000 after purchasing an additional 669,181 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in COPT Defense Properties by 323.0% during the third quarter. Ameriprise Financial Inc. now owns 791,867 shares of the company’s stock valued at $23,013,000 after purchasing an additional 604,670 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CDP shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $37.00 price objective on shares of COPT Defense Properties in a report on Wednesday, April 29th. Evercore reaffirmed an “outperform” rating and set a $38.00 price objective on shares of COPT Defense Properties in a report on Tuesday, April 28th. Wells Fargo & Company lifted their price objective on COPT Defense Properties from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Monday, June 1st. JPMorgan Chase & Co. lifted their price objective on COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Finally, Weiss Ratings raised COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, April 21st. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

COPT Defense Properties Stock Up 0.4%

Shares of CDP opened at $34.32 on Friday. The company has a market capitalization of $3.89 billion, a P/E ratio of 24.87 and a beta of 0.79. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.85 and a quick ratio of 2.85. COPT Defense Properties has a one year low of $26.91 and a one year high of $34.78. The business’s 50 day simple moving average is $32.03 and its 200-day simple moving average is $31.04.

COPT Defense Properties (NYSE:CDP) last announced its earnings results on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.34). The business had revenue of $200.64 million during the quarter, compared to analyst estimates of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The firm’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 earnings per share. 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. As a group, sell-side analysts predict that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. COPT Defense Properties’s payout ratio is presently 92.75%.

Insider Activity at COPT Defense Properties

In other news, Director Robert L. Denton sold 3,922 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the transaction, the director directly owned 3,803 shares of the company’s stock, valued at $123,141.14. The trade was a 50.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.66% of the stock is owned by insiders.

COPT Defense Properties 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.