Philip Hawkins Sells 5,536 Shares of COPT Defense Properties (NYSE:CDP) Stock

COPT Defense Properties (NYSE:CDP) Director Philip Hawkins sold 5,536 shares of COPT Defense Properties stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $32.71, for a total value of $181,082.56. Following the transaction, the director directly owned 15,188 shares of the company’s stock, valued at approximately $496,799.48. This represents a 26.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

COPT Defense Properties Price Performance

COPT Defense Properties stock opened at $31.86 on Thursday. COPT Defense Properties has a 52 week low of $23.92 and a 52 week high of $32.82. The firm has a market capitalization of $3.61 billion, a PE ratio of 23.60 and a beta of 0.86. The company has a quick ratio of 2.34, a current ratio of 3.95 and a debt-to-equity ratio of 1.77. The firm’s 50-day simple moving average is $30.18 and its 200 day simple moving average is $29.47.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The business had revenue of $197.36 million for the quarter, compared to analyst estimates of $188.79 million. COPT Defense Properties had a net margin of 19.94% and a return on equity of 9.82%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.65 earnings per share. 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, equities research analysts predict that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a $0.32 dividend. This is a positive change from COPT Defense Properties’s previous quarterly dividend of $0.31. The ex-dividend date is Tuesday, March 31st. This represents a $1.28 dividend on an annualized basis and a yield of 4.0%. COPT Defense Properties’s payout ratio is currently 90.37%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CDP shares. Truist Financial increased their target price on COPT Defense Properties from $30.00 to $31.00 and gave the stock a “hold” rating in a research report on Monday, December 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of COPT Defense Properties in a report on Wednesday, January 21st. Cantor Fitzgerald upped their price target on COPT Defense Properties from $33.00 to $37.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Evercore reaffirmed an “outperform” rating on shares of COPT Defense Properties in a research note on Friday, February 6th. Finally, Citigroup boosted their target price on COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, COPT Defense Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC acquired a new stake in shares of COPT Defense Properties in the fourth quarter valued at about $27,000. Financial Consulate Inc. acquired a new position in COPT Defense Properties during the 3rd quarter worth approximately $39,000. EverSource Wealth Advisors LLC boosted its holdings in COPT Defense Properties by 1,176.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $46,000 after acquiring an additional 1,553 shares during the period. GAMMA Investing LLC grew its position in COPT Defense Properties by 31.2% in 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. Finally, Optima Capital LLC purchased a new stake in shares of COPT Defense Properties during the fourth quarter valued at approximately $63,000.

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.