Channing Capital Management LLC Boosts Stock Holdings in COPT Defense Properties $CDP

Channing Capital Management LLC increased its stake in shares of COPT Defense Properties (NYSE:CDP) by 21.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,913,596 shares of the company’s stock after acquiring an additional 506,593 shares during the quarter. COPT Defense Properties makes up 2.2% of Channing Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Channing Capital Management LLC owned approximately 2.57% of COPT Defense Properties worth $84,669,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of CDP. California State Teachers Retirement System raised its position in COPT Defense Properties by 0.4% during the 2nd quarter. California State Teachers Retirement System now owns 104,190 shares of the company’s stock valued at $2,874,000 after purchasing an additional 457 shares during the last quarter. Arizona State Retirement System increased its stake in shares of COPT Defense Properties by 1.4% during the third quarter. Arizona State Retirement System now owns 33,402 shares of the company’s stock valued at $971,000 after buying an additional 459 shares during the period. GAMMA Investing LLC raised its holdings in shares of COPT Defense Properties by 31.2% during the third quarter. GAMMA Investing LLC now owns 1,973 shares of the company’s stock valued at $57,000 after acquiring an additional 469 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in COPT Defense Properties by 4.5% in the third quarter. Arkadios Wealth Advisors now owns 12,672 shares of the company’s stock worth $368,000 after acquiring an additional 540 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in COPT Defense Properties by 14.1% in the second 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.

COPT Defense Properties Stock Up 2.2%

Shares of COPT Defense Properties stock opened at $32.44 on Friday. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $32.78. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 24.03 and a beta of 0.86. The company has a 50-day moving average of $30.00 and a 200 day moving average of $29.38. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 2.34.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. COPT Defense Properties had a net margin of 19.94% and a return on equity of 9.82%. The business had revenue of $197.36 million for the quarter, compared to analysts’ expectations of $188.79 million. During the same quarter in the prior year, the company earned $0.65 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. 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. As a group, sell-side analysts anticipate that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Increases Dividend

The business also recently disclosed 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 is a boost from COPT Defense Properties’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $1.28 dividend on an annualized basis and a yield of 3.9%. COPT Defense Properties’s dividend payout ratio is 90.37%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CDP. Evercore reissued an “outperform” rating on shares of COPT Defense Properties in a research report on Friday, February 6th. Truist Financial boosted their price target on shares of COPT Defense Properties from $30.00 to $31.00 and gave the company a “hold” rating in a research report on Monday, December 15th. Wells Fargo & Company increased their price target on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Citigroup raised their price objective on shares of COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of COPT Defense Properties in a report on Wednesday, January 21st. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.63.

COPT Defense Properties Company Profile

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.