Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Position in COPT Defense Properties $CDP

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in COPT Defense Properties (NYSE:CDP) by 21.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 79,592 shares of the company’s stock after acquiring an additional 14,318 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in COPT Defense Properties were worth $2,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new position in shares of COPT Defense Properties during the 4th quarter worth $27,000. EverSource Wealth Advisors LLC increased 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 last quarter. Optima Capital LLC bought a new stake in COPT Defense Properties in the 4th quarter valued at about $63,000. Caitong International Asset Management Co. Ltd raised its stake in COPT Defense Properties by 283.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after acquiring an additional 2,346 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in COPT Defense Properties by 59.6% during the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock valued at $88,000 after purchasing an additional 1,192 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Truist Financial increased their target price on shares of COPT Defense Properties from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Monday, June 8th. JPMorgan Chase & Co. boosted their price target on shares of COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a research report on Friday, May 15th. Cantor Fitzgerald restated an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th. Evercore restated an “outperform” rating and set a $41.00 price target on shares of COPT Defense Properties in a research note on Monday, July 6th. Finally, Wells Fargo & Company raised their price objective on shares of COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.38.

Insider Activity

In other news, Director Robert L. Denton sold 3,922 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $32.38, for a total value of $126,994.36. Following the sale, the director directly owned 3,803 shares of the company’s stock, valued at approximately $123,141.14. This represents a 50.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.66% of the company’s stock.

COPT Defense Properties Price Performance

Shares of NYSE CDP opened at $37.61 on Friday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.85 and a current ratio of 2.85. COPT Defense Properties has a fifty-two week low of $26.91 and a fifty-two week high of $38.06. The stock has a market cap of $4.26 billion, a PE ratio of 27.25 and a beta of 0.76. The stock has a fifty day moving average of $33.99 and a 200-day moving average of $32.16.

COPT Defense Properties (NYSE:CDP) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $200.64 million for the quarter, compared to analysts’ expectations of $185.10 million. During the same period last year, the company posted $0.65 EPS. The business’s revenue for the quarter was up 6.8% on a year-over-year basis. 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. Equities research analysts anticipate that COPT Defense Properties will post 2.78 earnings per share for the current year.

COPT Defense Properties Dividend Announcement

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

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.