Ontario Teachers Pension Plan Board Sells 65,584 Shares of COPT Defense Properties $CDP

Ontario Teachers Pension Plan Board lessened its holdings in shares of COPT Defense Properties (NYSE:CDP) by 29.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 159,401 shares of the company’s stock after selling 65,584 shares during the period. Ontario Teachers Pension Plan Board’s holdings in COPT Defense Properties were worth $4,632,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. California State Teachers Retirement System lifted its holdings 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 worth $2,874,000 after buying an additional 457 shares during the period. Arizona State Retirement System lifted its stake in shares of COPT Defense Properties by 1.4% in the third quarter. Arizona State Retirement System now owns 33,402 shares of the company’s stock worth $971,000 after acquiring an additional 459 shares during the period. GAMMA Investing LLC boosted its holdings 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 during the last quarter. Arkadios Wealth Advisors increased its position in COPT Defense Properties by 4.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 12,672 shares of the company’s stock valued at $368,000 after purchasing an additional 540 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in COPT Defense Properties by 14.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,988 shares of the company’s stock worth $138,000 after purchasing an additional 617 shares during the last quarter.

COPT Defense Properties Price Performance

CDP stock opened at $31.54 on Thursday. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 2.34. The company’s 50-day moving average is $29.89 and its 200-day moving average is $29.32. The stock has a market capitalization of $3.57 billion, a PE ratio of 23.36 and a beta of 0.86. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $32.78.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings results 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. The business had revenue of $197.36 million for the quarter, compared to the consensus estimate of $188.79 million. COPT Defense Properties had a return on equity of 9.82% and a net margin of 19.94%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.65 EPS. 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. Equities research analysts expect that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Truist Financial upped their price objective on shares of COPT Defense Properties from $30.00 to $31.00 and gave the company a “hold” rating in a research note on Monday, December 15th. Wells Fargo & Company upped their price target on shares of COPT Defense Properties from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Evercore reiterated an “outperform” rating on shares of COPT Defense Properties in a report on Friday, February 6th. Jefferies Financial Group boosted their price objective on COPT Defense Properties from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Finally, Citigroup raised their target price on COPT Defense Properties from $29.00 to $34.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. 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 stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.63.

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.