IFM Investors Pty Ltd Has $617,000 Stock Position in COPT Defense Properties $CDP

IFM Investors Pty Ltd lowered its position in shares of COPT Defense Properties (NYSE:CDP) by 13.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,613 shares of the company’s stock after selling 3,468 shares during the quarter. IFM Investors Pty Ltd’s holdings in COPT Defense Properties were worth $617,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in CDP. Intech Investment Management LLC increased its position in COPT Defense Properties by 9.2% in the 1st quarter. Intech Investment Management LLC now owns 75,489 shares of the company’s stock valued at $2,059,000 after acquiring an additional 6,369 shares in the last quarter. Jane Street Group LLC increased its position in COPT Defense Properties by 152.4% in the 1st quarter. Jane Street Group LLC now owns 214,122 shares of the company’s stock valued at $5,839,000 after acquiring an additional 129,303 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in COPT Defense Properties by 5.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 834,042 shares of the company’s stock valued at $22,744,000 after acquiring an additional 39,683 shares in the last quarter. Woodline Partners LP increased its position in COPT Defense Properties by 130.6% in the 1st quarter. Woodline Partners LP now owns 729,014 shares of the company’s stock valued at $19,880,000 after acquiring an additional 412,857 shares in the last quarter. Finally, Caxton Associates LLP acquired a new stake in COPT Defense Properties in the 1st quarter valued at about $1,517,000.

Analysts Set New Price Targets

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

COPT Defense Properties Stock Up 0.4%

Shares of NYSE CDP opened at $30.71 on Friday. The firm has a market capitalization of $3.47 billion, a PE ratio of 23.99 and a beta of 0.93. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $34.22. The firm’s 50-day moving average is $28.48 and its 200-day moving average is $27.56.

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

COPT Defense Properties Announces Dividend

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

About COPT Defense Properties

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.