Alliancebernstein L.P. Buys 1,215,936 Shares of COPT Defense Properties $CDP

Alliancebernstein L.P. boosted its stake in COPT Defense Properties (NYSE:CDP) by 16.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 8,457,373 shares of the company’s stock after buying an additional 1,215,936 shares during the period. Alliancebernstein L.P. owned approximately 7.47% of COPT Defense Properties worth $245,771,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Financial Consulate Inc. acquired a new position in COPT Defense Properties in the 3rd quarter valued at $39,000. EverSource Wealth Advisors LLC raised its stake in COPT Defense Properties by 1,176.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock valued at $46,000 after purchasing an additional 1,553 shares in the last quarter. GAMMA Investing LLC lifted its position in COPT Defense Properties by 31.2% during the third quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock worth $57,000 after purchasing an additional 469 shares during the period. Osaic Holdings Inc. lifted its position in COPT Defense Properties by 59.6% during the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock worth $88,000 after purchasing an additional 1,192 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of COPT Defense Properties by 14.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,988 shares of the company’s stock worth $138,000 after acquiring an additional 617 shares during the period.

Insider Transactions at COPT Defense Properties

In other news, Director Philip L. Hawkins sold 5,536 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $32.71, for a total transaction of $181,082.56. Following the transaction, the director owned 15,188 shares of the company’s stock, valued at $496,799.48. This represents a 26.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.42% of the stock is currently owned by corporate insiders.

COPT Defense Properties Price Performance

Shares of NYSE CDP opened at $31.65 on Monday. The company has a quick ratio of 3.95, a current ratio of 3.95 and a debt-to-equity ratio of 1.77. The firm has a fifty day simple moving average of $31.12 and a 200 day simple moving average of $29.81. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $32.82. The company has a market capitalization of $3.58 billion, a PE ratio of 23.44 and a beta of 0.86.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $197.36 million for the quarter, compared to the consensus estimate of $188.79 million. COPT Defense Properties had a return on equity of 9.82% and a net margin of 19.94%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.65 EPS. COPT Defense Properties has set its FY 2026 guidance at 2.710-2.790 EPS and its Q1 2026 guidance at 0.670-0.690 EPS. On average, sell-side analysts forecast that COPT Defense Properties will post 2.67 EPS for the current year.

COPT Defense Properties Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Tuesday, March 31st. This is a boost from COPT Defense Properties’s previous quarterly dividend of $0.31. COPT Defense Properties’s dividend payout ratio is presently 90.37%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CDP. Jefferies Financial Group boosted their price target on COPT Defense Properties from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Evercore reiterated an “outperform” rating on shares of COPT Defense Properties in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of COPT Defense Properties in a research note on Wednesday, January 21st. Wells Fargo & Company increased their target price on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Cantor Fitzgerald raised their price target on shares of COPT Defense Properties from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.88.

About COPT Defense Properties

COPT Defense Properties (NYSE: CDP) is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company’s portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories.