VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $3.44 Million Investment in COPT Defense Properties $CDP

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of COPT Defense Properties (NYSE:CDP) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 94,446 shares of the company’s stock, valued at approximately $3,437,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.08% of COPT Defense Properties as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new position in shares of COPT Defense Properties during the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC grew its holdings 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 worth $46,000 after purchasing an additional 1,553 shares during the period. Nykredit A S acquired a new stake in COPT Defense Properties in the second quarter worth $76,000. GAMMA Investing LLC increased its stake in COPT Defense Properties by 20.9% in the second quarter. GAMMA Investing LLC now owns 2,880 shares of the company’s stock valued at $105,000 after purchasing an additional 498 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of COPT Defense Properties by 283.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after purchasing an additional 2,346 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on CDP. Cantor Fitzgerald reissued an “overweight” rating and set a $37.00 price objective on shares of COPT Defense Properties in a research report on Thursday, June 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of COPT Defense Properties in a research note on Friday, July 17th. Wells Fargo & Company increased their price target on COPT Defense Properties from $36.00 to $41.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. raised their price objective on COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Truist Financial upped their target price on COPT Defense Properties from $34.00 to $38.00 and gave the stock a “hold” rating in a research report on Monday, August 24th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $37.38.

COPT Defense Properties Price Performance

Shares of NYSE CDP opened at $35.16 on Thursday. The stock has a market cap of $3.99 billion, a price-to-earnings ratio of 24.41 and a beta of 0.76. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.89 and a current ratio of 2.89. COPT Defense Properties has a fifty-two week low of $27.06 and a fifty-two week high of $38.90. The firm’s 50-day simple moving average is $36.95 and its 200 day simple moving average is $33.99.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings data on Monday, July 27th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.33 by $0.07. COPT Defense Properties had a return on equity of 10.48% and a net margin of 20.94%.The firm had revenue of $197.39 million during the quarter, compared to the consensus estimate of $189.36 million. During the same period in the prior year, the business posted $0.34 earnings per share. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. As a group, research analysts anticipate that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.

COPT Defense Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th 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 3.6%. The ex-dividend date of this dividend is Wednesday, September 30th. COPT Defense Properties’s dividend payout ratio (DPR) is presently 88.89%.

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.