COPT Defense Properties $CDP Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP decreased its position in shares of COPT Defense Properties (NYSE:CDP) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 729,301 shares of the company’s stock after selling 243,264 shares during the quarter. Wellington Management Group LLP owned about 0.64% of COPT Defense Properties worth $26,539,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in COPT Defense Properties by 16.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,424 shares of the company’s stock valued at $74,000 after purchasing an additional 339 shares during the last quarter. California State Teachers Retirement System grew its position in COPT Defense Properties by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock worth $2,874,000 after purchasing an additional 457 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of COPT Defense Properties by 20.9% in the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock valued at $105,000 after purchasing an additional 498 shares during the period. State of Michigan Retirement System increased its stake in shares of COPT Defense Properties by 1.9% in the first quarter. State of Michigan Retirement System now owns 27,213 shares of the company’s stock valued at $833,000 after purchasing an additional 500 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of COPT Defense Properties by 2.7% during the first quarter. Oregon Public Employees Retirement Fund now owns 23,198 shares of the company’s stock valued at $710,000 after buying an additional 600 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CDP. Weiss Ratings reissued a “buy (b)” rating on shares of COPT Defense Properties in a report on Friday, July 17th. Evercore reaffirmed an “outperform” rating and set a $42.00 target price on shares of COPT Defense Properties in a research note on Monday, July 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th. JPMorgan Chase & Co. raised their price target 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, Citigroup lifted their price objective on shares of COPT Defense Properties from $34.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, COPT Defense Properties currently has an average rating of “Moderate Buy” and a consensus target price of $37.38.

COPT Defense Properties Stock Performance

CDP opened at $35.12 on Friday. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 24.39 and a beta of 0.76. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.89. COPT Defense Properties has a 1-year low of $27.06 and a 1-year high of $38.90. The business has a 50 day moving average price of $37.03 and a two-hundred day moving average price of $33.90.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings results on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.07. The company had revenue of $197.39 million for the quarter, compared to analysts’ expectations of $189.36 million. COPT Defense Properties had a return on equity of 10.48% and a net margin of 20.94%.During the same period last year, the firm earned $0.34 EPS. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. Research 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 declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Wednesday, September 30th. COPT Defense Properties’s dividend payout ratio is presently 88.89%.

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.