Public Employees Retirement System of Ohio Has $7 Million Stake in COPT Defense Properties $CDP

Public Employees Retirement System of Ohio boosted its stake in shares of COPT Defense Properties (NYSE:CDP) by 0.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 253,679 shares of the company’s stock after acquiring an additional 1,544 shares during the quarter. Public Employees Retirement System of Ohio owned 0.22% of COPT Defense Properties worth $6,996,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nissay Asset Management Corp Japan ADV grew its holdings in shares of COPT Defense Properties by 2.4% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 16,997 shares of the company’s stock worth $464,000 after purchasing an additional 397 shares during the last quarter. GAMMA Investing LLC lifted its holdings in COPT Defense Properties by 59.5% during the 2nd quarter. GAMMA Investing LLC now owns 1,504 shares of the company’s stock valued at $41,000 after purchasing an additional 561 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in COPT Defense Properties by 2.0% during the second quarter. Exchange Traded Concepts LLC now owns 30,266 shares of the company’s stock worth $835,000 after buying an additional 580 shares during the last quarter. Quarry LP increased its holdings in shares of COPT Defense Properties by 102.0% during the first quarter. Quarry LP now owns 1,186 shares of the company’s stock worth $32,000 after buying an additional 599 shares in the last quarter. Finally, Central Pacific Bank Trust Division increased its holdings in shares of COPT Defense Properties by 10.7% during the first quarter. Central Pacific Bank Trust Division now owns 6,854 shares of the company’s stock worth $187,000 after buying an additional 660 shares in the last quarter.

COPT Defense Properties Stock Down 0.0%

Shares of CDP opened at $29.27 on Monday. The business’s fifty day moving average price is $28.87 and its two-hundred day moving average price is $27.79. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 22.86 and a beta of 0.93. COPT Defense Properties has a 52 week low of $23.92 and a 52 week 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.

COPT Defense Properties (NYSE:CDP) last posted its quarterly 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. The business had revenue of $175.60 million during the quarter, compared to the consensus estimate of $186.55 million. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. COPT Defense Properties’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period 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. On average, analysts predict that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 30th. COPT Defense Properties’s dividend payout ratio is 95.31%.

Insider Activity at COPT Defense Properties

In related news, Director Lisa G. Trimberger sold 3,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $30.52, for a total transaction of $91,560.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.42% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on CDP shares. JPMorgan Chase & Co. boosted their target price on COPT Defense Properties from $30.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, September 17th. Evercore ISI boosted their price objective on COPT Defense Properties from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $33.50.

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.