Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stock Holdings in COPT Defense Properties $CDP

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of COPT Defense Properties (NYSE:CDP) by 21.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,592 shares of the company’s stock after buying an additional 14,318 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.07% of COPT Defense Properties worth $2,436,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in COPT Defense Properties during the 4th quarter valued at $39,685,000. Two Sigma Investments LP grew its stake in shares of COPT Defense Properties by 289.9% in the 3rd quarter. Two Sigma Investments LP now owns 900,047 shares of the company’s stock worth $26,155,000 after acquiring an additional 669,181 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in shares of COPT Defense Properties by 51.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,896,161 shares of the company’s stock worth $52,713,000 after acquiring an additional 647,449 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of COPT Defense Properties by 323.0% in 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 during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of COPT Defense Properties by 60.0% in the second quarter. AQR Capital Management LLC now owns 1,472,046 shares of the company’s stock valued at $40,393,000 after purchasing an additional 551,863 shares during the last quarter.

COPT Defense Properties Trading Up 2.4%

Shares of COPT Defense Properties stock opened at $37.61 on Friday. The firm has a market cap of $4.26 billion, a PE ratio of 27.25 and a beta of 0.76. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $38.06. The company has a debt-to-equity ratio of 1.63, a current ratio of 2.85 and a quick ratio of 2.85. The stock has a fifty day moving average price of $33.99 and a 200-day moving average price of $32.16.

COPT Defense Properties (NYSE:CDP) last issued 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). The company had revenue of $200.64 million during the quarter, compared to analysts’ expectations of $185.10 million. COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.COPT Defense Properties’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities research analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 3.4%. COPT Defense Properties’s payout ratio is currently 92.75%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CDP. Cantor Fitzgerald reissued an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research report on Thursday, June 25th. Wells Fargo & Company upped their price objective on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Evercore reissued an “outperform” rating and set a $41.00 target price on shares of COPT Defense Properties in a research report on Monday, July 6th. Weiss Ratings upgraded COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, April 21st. Finally, Truist Financial upped their target price on COPT Defense Properties from $33.00 to $34.00 and gave the company a “hold” rating in a report on Monday, June 8th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.38.

Insiders Place Their Bets

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were 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 in the company, valued at $123,141.14. The trade was a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.66% of the stock is currently 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.