Voya Investment Management LLC Buys 58,471 Shares of COPT Defense Properties $CDP

Voya Investment Management LLC boosted its stake in COPT Defense Properties (NYSE:CDP) by 28.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 263,777 shares of the company’s stock after buying an additional 58,471 shares during the quarter. Voya Investment Management LLC owned approximately 0.23% of COPT Defense Properties worth $7,193,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. increased its position in shares of COPT Defense Properties by 321.7% during the first quarter. UMB Bank n.a. now owns 1,071 shares of the company’s stock valued at $29,000 after acquiring an additional 817 shares during the last quarter. Quarry LP grew its stake in COPT Defense Properties by 102.0% in the 1st quarter. Quarry LP now owns 1,186 shares of the company’s stock valued at $32,000 after purchasing an additional 599 shares during the period. Brooklyn Investment Group increased its position in shares of COPT Defense Properties by 9,030.4% during the 1st quarter. Brooklyn Investment Group now owns 2,100 shares of the company’s stock valued at $57,000 after purchasing an additional 2,077 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of COPT Defense Properties during the 4th quarter worth $63,000. Finally, Headlands Technologies LLC purchased a new position in shares of COPT Defense Properties in the 1st quarter worth about $74,000.

COPT Defense Properties Price Performance

Shares of NYSE:CDP opened at $30.42 on Thursday. The firm has a market capitalization of $3.44 billion, a PE ratio of 23.77 and a beta of 0.93. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.58. The company has a 50-day moving average price of $28.62 and a two-hundred day moving average price of $27.63. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $34.22.

COPT Defense Properties (NYSE:CDP) last posted its quarterly 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 quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 earnings per share. 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 forecast that COPT Defense Properties will post 2.67 EPS for the current year.

COPT Defense Properties Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on CDP. JPMorgan Chase & Co. lifted their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore ISI lifted their price target on shares of COPT Defense Properties from $34.00 to $36.00 and gave the stock an “outperform” rating in a report on Monday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, COPT Defense Properties presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.50.

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.