Hsbc Holdings PLC Has $5.47 Million Stake in COPT Defense Properties $CDP

Hsbc Holdings PLC grew its position in COPT Defense Properties (NYSE:CDP) by 25.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,540 shares of the company’s stock after acquiring an additional 39,524 shares during the period. Hsbc Holdings PLC’s holdings in COPT Defense Properties were worth $5,466,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CDP. California State Teachers Retirement System grew its position in shares of 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 valued at $2,874,000 after purchasing an additional 457 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of COPT Defense Properties by 2.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,780 shares of the company’s stock worth $588,000 after buying an additional 513 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of COPT Defense Properties by 33.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,300 shares of the company’s stock worth $92,000 after buying an additional 827 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in COPT Defense Properties in the 4th quarter valued at approximately $27,000. Finally, ProShare Advisors LLC raised its position in COPT Defense Properties by 4.4% in the 4th quarter. ProShare Advisors LLC now owns 25,369 shares of the company’s stock valued at $705,000 after buying an additional 1,079 shares during the last quarter.

Insider Buying and Selling at COPT Defense Properties

In related news, Director Robert L. Denton sold 3,922 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the transaction, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. This trade represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.66% of the company’s stock.

Wall Street Analyst Weigh In

CDP has been the subject of a number of recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research report on Thursday, June 25th. JPMorgan Chase & Co. lifted their price objective on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Evercore reissued an “outperform” rating and issued a $41.00 price objective on shares of COPT Defense Properties in a research report on Monday. Truist Financial increased their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a report on Monday, June 8th. Finally, Weiss Ratings raised shares of COPT Defense Properties from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, April 21st. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $35.38.

COPT Defense Properties Stock Performance

CDP opened at $36.41 on Friday. COPT Defense Properties has a 52-week low of $26.91 and a 52-week high of $38.06. The firm has a market capitalization of $4.13 billion, a PE ratio of 26.39 and a beta of 0.76. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85. The business’s 50-day simple moving average is $33.45 and its 200 day simple moving average is $31.86.

COPT Defense Properties (NYSE:CDP) last posted 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 the consensus estimate of $185.10 million. COPT Defense Properties had a net margin of 20.10% and a return on equity of 10.02%. The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business 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 expect that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.

COPT Defense Properties Announces Dividend

The business 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 $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, June 30th. COPT Defense Properties’s dividend payout ratio is presently 92.75%.

COPT Defense Properties Company 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.