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 the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $32.71, for a total transaction of $181,082.56. Following the completion of the sale, the director directly owned 15,188 shares of the company’s stock, valued at approximately $496,799.48. This trade represents a 26.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

COPT Defense Properties Stock Performance

COPT Defense Properties stock traded down $0.43 during midday trading on Tuesday, hitting $32.21. 111,210 shares of the company’s stock were exchanged, compared to its average volume of 1,359,749. The company has a debt-to-equity ratio of 1.77, a quick ratio of 2.34 and a current ratio of 3.95. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 23.90 and a beta of 0.86. COPT Defense Properties has a 12-month low of $23.92 and a 12-month high of $32.82. The firm’s 50 day simple moving average is $30.06 and its 200 day simple moving average is $29.42.

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

COPT Defense Properties Increases Dividend

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

Analyst Ratings Changes

Several analysts have issued reports on CDP shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of COPT Defense Properties in a research report on Wednesday, January 21st. Citigroup boosted their price objective on COPT Defense Properties from $29.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. Jefferies Financial Group raised their target price 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. Wells Fargo & Company increased their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Finally, Truist Financial boosted their target price 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. 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 an average price target of $33.63.

Institutional Trading of COPT Defense Properties

Institutional investors and hedge funds have recently made changes to their positions in the stock. Invesco Ltd. grew its holdings in COPT Defense Properties by 1.3% in the 4th quarter. Invesco Ltd. now owns 768,242 shares of the company’s stock valued at $21,357,000 after buying an additional 10,221 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of COPT Defense Properties by 47.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 10,723 shares of the company’s stock valued at $298,000 after acquiring an additional 3,439 shares during the period. State of Tennessee Department of Treasury grew its stake in shares of COPT Defense Properties by 7.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 370,872 shares of the company’s stock worth $11,427,000 after acquiring an additional 26,453 shares during the last quarter. EP Wealth Advisors LLC bought a new position in COPT Defense Properties during the fourth quarter worth $234,000. Finally, Wellington Management Group LLP raised its stake in COPT Defense Properties by 135.7% during the 4th quarter. Wellington Management Group LLP now owns 865,165 shares of the company’s stock valued at $24,052,000 after purchasing an additional 498,175 shares during the last quarter.

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.