Hsbc Holdings PLC Purchases 70,245 Shares of COPT Defense Properties $CDP

Hsbc Holdings PLC increased its position in COPT Defense Properties (NYSE:CDP) by 35.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,785 shares of the company’s stock after purchasing an additional 70,245 shares during the period. Hsbc Holdings PLC’s holdings in COPT Defense Properties were worth $8,185,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in COPT Defense Properties during the 4th quarter valued at $39,685,000. Two Sigma Investments LP lifted its stake in shares of COPT Defense Properties by 289.9% in the third quarter. Two Sigma Investments LP now owns 900,047 shares of the company’s stock valued at $26,155,000 after buying an additional 669,181 shares in the last quarter. Balyasny Asset Management L.P. grew its holdings in shares of COPT Defense Properties by 51.8% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,896,161 shares of the company’s stock valued at $52,713,000 after buying an additional 647,449 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of COPT Defense Properties by 323.0% during the third quarter. Ameriprise Financial Inc. now owns 791,867 shares of the company’s stock valued at $23,013,000 after buying an additional 604,670 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of COPT Defense Properties by 60.0% during the second quarter. AQR Capital Management LLC now owns 1,472,046 shares of the company’s stock worth $40,393,000 after acquiring an additional 551,863 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CDP shares. Weiss Ratings restated a “buy (b)” rating on shares of COPT Defense Properties in a report on Friday, July 17th. Wells Fargo & Company boosted their price objective on COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Cantor Fitzgerald reissued an “overweight” rating and issued a $37.00 price objective on shares of COPT Defense Properties in a research note on Thursday, June 25th. Evercore restated an “outperform” rating and issued a $41.00 target price on shares of COPT Defense Properties in a report on Monday, July 6th. Finally, JPMorgan Chase & Co. lifted their target price on COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, COPT Defense Properties presently has a consensus rating of “Moderate Buy” and an average price target of $35.38.

COPT Defense Properties Trading Down 0.7%

Shares of CDP stock opened at $37.34 on Thursday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 27.05 and a beta of 0.76. COPT Defense Properties has a 52-week low of $26.91 and a 52-week high of $38.06. The company has a 50-day simple moving average of $34.45 and a two-hundred day simple moving average of $32.42.

COPT Defense Properties (NYSE:CDP) last posted its earnings results on Monday, April 27th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.34). COPT Defense Properties had a return on equity of 10.02% and a net margin of 20.10%.The firm had revenue of $200.64 million for the quarter, compared to the consensus estimate of $185.10 million. During the same period in the prior year, the business earned $0.65 EPS. COPT Defense Properties’s quarterly revenue was up 6.8% compared to the same quarter last year. COPT Defense Properties has set its FY 2026 guidance at 2.730-2.790 EPS and its Q2 2026 guidance at 0.680-0.700 EPS. Research analysts anticipate that COPT Defense Properties will post 2.78 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 3.4%. COPT Defense Properties’s payout ratio is currently 92.75%.

Insiders Place Their Bets

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the completion of the transaction, the director owned 3,803 shares in the company, valued at $123,141.14. This represents a 50.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.66% of the company’s stock.

COPT Defense Properties 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.