GAMMA Investing LLC Has $41,000 Holdings in COPT Defense Properties $CDP

GAMMA Investing LLC boosted its stake in COPT Defense Properties (NYSE:CDP) by 59.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,504 shares of the company’s stock after purchasing an additional 561 shares during the quarter. GAMMA Investing LLC’s holdings in COPT Defense Properties were worth $41,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. raised its stake in COPT Defense Properties by 321.7% in the first quarter. UMB Bank n.a. now owns 1,071 shares of the company’s stock valued at $29,000 after purchasing an additional 817 shares in the last quarter. Quarry LP raised its stake 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 purchasing an additional 599 shares in the last quarter. Brooklyn Investment Group raised its stake in COPT Defense Properties by 9,030.4% in the first 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 in the last quarter. Headlands Technologies LLC acquired a new position in COPT Defense Properties in the first quarter valued at about $74,000. Finally, US Bancorp DE raised its stake in COPT Defense Properties by 114.0% in the first quarter. US Bancorp DE now owns 3,770 shares of the company’s stock valued at $103,000 after purchasing an additional 2,008 shares in the last quarter.

Insider Buying and Selling at COPT Defense Properties

In other news, Director Lisa G. Trimberger sold 3,000 shares of the business’s stock in a transaction dated 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 SEC, which is available through the SEC website. Company insiders own 1.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CDP. JPMorgan Chase & Co. lifted their target price on COPT Defense Properties from $30.00 to $33.00 and gave the company a “neutral” rating in a research report on Wednesday, September 17th. Cantor Fitzgerald began coverage on COPT Defense Properties in a research report on Wednesday. They issued an “overweight” rating and a $35.00 target price on the stock. Evercore ISI decreased their target price on COPT Defense Properties from $36.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, September 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Saturday, September 27th. Six 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 company presently has an average rating of “Moderate Buy” and an average target price of $33.57.

COPT Defense Properties Stock Performance

NYSE:CDP opened at $28.86 on Friday. The stock has a market cap of $3.26 billion, a P/E ratio of 22.55 and a beta of 0.94. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58. The stock’s 50-day moving average is $28.97 and its 200-day moving average is $27.86. COPT Defense Properties has a 1-year low of $23.92 and a 1-year high of $34.22.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.01. The company had revenue of $175.60 million for the quarter, compared to analysts’ expectations of $186.55 million. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the previous year, the business 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 research analysts anticipate that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.305 per share. 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 payout ratio 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.