Kennedy Capital Management LLC Acquires 44,026 Shares of COPT Defense Properties $CDP

Kennedy Capital Management LLC lifted its holdings in shares of COPT Defense Properties (NYSE:CDP) by 20.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 263,439 shares of the company’s stock after purchasing an additional 44,026 shares during the period. Kennedy Capital Management LLC’s holdings in COPT Defense Properties were worth $7,324,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. UBS Group AG boosted its holdings in COPT Defense Properties by 229.6% in the fourth quarter. UBS Group AG now owns 457,210 shares of the company’s stock valued at $12,710,000 after acquiring an additional 318,493 shares during the last quarter. Easterly Investment Partners LLC boosted its holdings in COPT Defense Properties by 154.2% in the fourth quarter. Easterly Investment Partners LLC now owns 299,934 shares of the company’s stock valued at $8,338,000 after acquiring an additional 181,935 shares during the last quarter. Picton Mahoney Asset Management boosted its holdings in COPT Defense Properties by 83,723.7% in the third quarter. Picton Mahoney Asset Management now owns 31,853 shares of the company’s stock valued at $924,000 after acquiring an additional 31,815 shares during the last quarter. Channing Capital Management LLC boosted its holdings in COPT Defense Properties by 21.0% in the third quarter. Channing Capital Management LLC now owns 2,913,596 shares of the company’s stock valued at $84,669,000 after acquiring an additional 506,593 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in COPT Defense Properties by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 3,566,073 shares of the company’s stock valued at $103,630,000 after acquiring an additional 253,558 shares during the last quarter.

Insider Buying and Selling at COPT Defense Properties

In other news, Director Robert L. Denton sold 3,922 shares of COPT Defense Properties stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total transaction of $126,994.36. Following the transaction, the director owned 3,803 shares in the company, valued at $123,141.14. The trade was a 50.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.66% of the stock is owned by company insiders.

COPT Defense Properties Price Performance

Shares of CDP opened at $33.80 on Tuesday. The company has a current ratio of 2.85, a quick ratio of 2.85 and a debt-to-equity ratio of 1.63. COPT Defense Properties has a 1 year low of $26.91 and a 1 year high of $34.78. The stock has a market cap of $3.83 billion, a P/E ratio of 24.49 and a beta of 0.79. The stock’s 50-day moving average price is $32.15 and its two-hundred day moving average price is $31.09.

COPT Defense Properties (NYSE:CDP) last issued its earnings results on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.34). COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The company had revenue of $200.64 million for the quarter, compared to the consensus estimate of $185.10 million. During the same quarter last year, the business posted $0.65 EPS. COPT Defense Properties’s quarterly revenue was up 6.8% on a year-over-year basis. 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. On average, equities analysts predict that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, June 30th. COPT Defense Properties’s payout ratio is 92.75%.

Analyst Ratings Changes

A number of equities analysts have issued reports on CDP shares. Evercore restated an “outperform” rating and set a $38.00 target price on shares of COPT Defense Properties in a report on Tuesday, April 28th. Cantor Fitzgerald restated an “overweight” rating and set a $37.00 target price on shares of COPT Defense Properties in a report on Wednesday, April 29th. Truist Financial raised their target price on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Wells Fargo & Company raised their target price on COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, JPMorgan Chase & Co. raised their target price on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

About COPT Defense Properties

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.