Amundi Raises Stock Position in COPT Defense Properties $CDP

Amundi raised its stake in COPT Defense Properties (NYSE:CDP) by 6.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,851 shares of the company’s stock after buying an additional 4,167 shares during the quarter. Amundi owned about 0.06% of COPT Defense Properties worth $1,722,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Quarry LP lifted its position in COPT Defense Properties by 102.0% in the first quarter. Quarry LP now owns 1,186 shares of the company’s stock valued at $32,000 after buying an additional 599 shares during the last quarter. Nissay Asset Management Corp Japan ADV lifted its position in COPT Defense Properties by 4.0% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 16,600 shares of the company’s stock valued at $515,000 after buying an additional 635 shares during the last quarter. Central Pacific Bank Trust Division lifted its position in COPT Defense Properties by 10.7% in the first quarter. Central Pacific Bank Trust Division now owns 6,854 shares of the company’s stock valued at $187,000 after buying an additional 660 shares during the last quarter. State of Wyoming lifted its position in shares of COPT Defense Properties by 5.1% during the first quarter. State of Wyoming now owns 14,048 shares of the company’s stock worth $383,000 after purchasing an additional 683 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of COPT Defense Properties by 6.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,651 shares of the company’s stock worth $423,000 after purchasing an additional 813 shares in the last quarter.

Analysts Set New Price Targets

Separately, Wells Fargo & Company reduced their price target on shares of COPT Defense Properties from $36.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, May 19th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.60.

COPT Defense Properties Stock Up 0.4%

CDP stock opened at $30.71 on Friday. The company’s 50 day moving average price is $28.48 and its 200 day moving average price is $27.56. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.96 and a current ratio of 2.96. COPT Defense Properties has a fifty-two week low of $23.92 and a fifty-two week high of $34.22. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 23.99 and a beta of 0.93.

COPT Defense Properties (NYSE:CDP) last released its earnings results on Monday, July 28th. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The firm had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. During the same period in the prior year, the firm earned $0.64 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, equities research analysts anticipate that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 4.0%. The ex-dividend date is Tuesday, September 30th. COPT Defense Properties’s dividend payout ratio is currently 95.31%.

COPT Defense Properties Company Profile

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.