Yousif Capital Management LLC Decreases Holdings in COPT Defense Properties $CDP

Yousif Capital Management LLC decreased its position in shares of COPT Defense Properties (NYSE:CDPFree Report) by 1.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,836 shares of the company’s stock after selling 614 shares during the quarter. Yousif Capital Management LLC’s holdings in COPT Defense Properties were worth $1,044,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. CWM LLC boosted its stake in shares of COPT Defense Properties by 6.2% during the 2nd quarter. CWM LLC now owns 30,041 shares of the company’s stock worth $829,000 after acquiring an additional 1,743 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in shares of COPT Defense Properties by 25.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 12,775 shares of the company’s stock worth $352,000 after acquiring an additional 2,607 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of COPT Defense Properties by 8.3% during the 2nd quarter. Blue Trust Inc. now owns 13,343 shares of the company’s stock worth $368,000 after acquiring an additional 1,025 shares in the last quarter. ZWJ Investment Counsel Inc. purchased a new stake in COPT Defense Properties in the 2nd quarter valued at approximately $228,000. Finally, Public Employees Retirement System of Ohio lifted its stake in COPT Defense Properties by 0.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 253,679 shares of the company’s stock valued at $6,996,000 after buying an additional 1,544 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CDP shares. Cantor Fitzgerald started coverage on COPT Defense Properties in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $35.00 target price on the stock. Jefferies Financial Group upped their target price on COPT Defense Properties from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Wednesday, October 8th. New Street Research set a $33.00 target price on COPT Defense Properties in a research note on Monday, October 13th. Finally, Evercore ISI reduced their target price on COPT Defense Properties from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, September 29th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.75.

Get Our Latest Analysis on CDP

COPT Defense Properties Trading Down 0.1%

Shares of COPT Defense Properties stock opened at $28.30 on Wednesday. COPT Defense Properties has a fifty-two week low of $23.92 and a fifty-two week high of $34.22. The firm has a market cap of $3.20 billion, a PE ratio of 22.11 and a beta of 0.94. The business’s fifty day moving average is $29.07 and its two-hundred day moving average is $27.95. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.58.

COPT Defense Properties (NYSE:CDPGet Free Report) last issued 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. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The company had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. During the same quarter in the prior year, the company posted $0.64 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. Analysts anticipate that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 30th. COPT Defense Properties’s dividend payout ratio is presently 95.31%.

Insider Activity at COPT Defense Properties

In other news, Director Lisa G. Trimberger sold 3,000 shares of the company’s stock in a transaction 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.42% of the stock is currently owned by insiders.

About COPT Defense Properties

(Free Report)

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.

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Institutional Ownership by Quarter for COPT Defense Properties (NYSE:CDP)

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