Intech Investment Management LLC Has $2.06 Million Stock Holdings in COPT Defense Properties $CDP

Intech Investment Management LLC lifted its position in shares of COPT Defense Properties (NYSE:CDP) by 9.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,489 shares of the company’s stock after buying an additional 6,369 shares during the quarter. Intech Investment Management LLC owned about 0.07% of COPT Defense Properties worth $2,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of CDP. Nuveen LLC bought a new stake in COPT Defense Properties during the first quarter worth about $52,679,000. Westwood Holdings Group Inc. increased its stake in shares of COPT Defense Properties by 25.7% in the first quarter. Westwood Holdings Group Inc. now owns 3,627,108 shares of the company’s stock valued at $98,911,000 after buying an additional 741,765 shares during the period. Jupiter Asset Management Ltd. bought a new stake in COPT Defense Properties in the first quarter valued at approximately $19,737,000. Alliancebernstein L.P. boosted its holdings in shares of COPT Defense Properties by 9.4% during the 1st quarter. Alliancebernstein L.P. now owns 6,834,820 shares of the company’s stock worth $186,386,000 after buying an additional 586,966 shares in the last quarter. Finally, Woodline Partners LP raised its position in shares of COPT Defense Properties by 130.6% during the first quarter. Woodline Partners LP now owns 729,014 shares of the company’s stock worth $19,880,000 after purchasing an additional 412,857 shares during the period.

COPT Defense Properties Trading Up 0.4%

CDP stock opened at $30.58 on Wednesday. The company has a market capitalization of $3.45 billion, a PE ratio of 23.89 and a beta of 0.93. COPT Defense Properties has a one year low of $23.92 and a one year high of $34.22. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.96 and a current ratio of 2.96. The company’s 50 day moving average price is $28.58 and its two-hundred day moving average price is $27.61.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.01. The business 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 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. As a group, analysts predict that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Announces Dividend

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

Analysts Set New Price Targets

Separately, Evercore ISI increased their price target on shares of COPT Defense Properties from $34.00 to $36.00 and gave the company an “outperform” rating in a research report on Monday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, COPT Defense Properties currently has an average rating of “Moderate Buy” and an average price target of $33.60.

COPT Defense Properties 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.