COPT Defense Properties (NYSE:CDP - Get Free Report) Director Lisa G. Trimberger sold 4,896 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $30.72, for a total transaction of $150,405.12. Following the completion of the sale, the director owned 20,287 shares in the company, valued at $623,216.64. This represents a 19.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
COPT Defense Properties Price Performance
Shares of CDP stock traded down $0.08 during trading hours on Monday, hitting $30.32. The company's stock had a trading volume of 741,577 shares, compared to its average volume of 1,071,041. The business has a fifty day moving average of $28.71 and a 200-day moving average of $27.70. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 11.56 and a beta of 0.93. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $34.22. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58.
COPT Defense Properties (NYSE:CDP - Get Free Report) last released its quarterly earnings results on Monday, July 28th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. The business had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. As a group, equities research analysts anticipate that COPT Defense Properties will post 2.67 EPS for the current year.
COPT Defense Properties Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.305 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.0%. COPT Defense Properties's payout ratio is 95.31%.
Institutional Investors Weigh In On COPT Defense Properties
A number of institutional investors have recently bought and sold shares of the stock. Nissay Asset Management Corp Japan ADV grew its holdings in COPT Defense Properties by 2.4% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 16,997 shares of the company's stock valued at $464,000 after purchasing an additional 397 shares during the period. California State Teachers Retirement System grew its holdings in COPT Defense Properties by 0.4% in the second quarter. California State Teachers Retirement System now owns 104,190 shares of the company's stock valued at $2,874,000 after purchasing an additional 457 shares during the period. Arkadios Wealth Advisors grew its holdings in COPT Defense Properties by 4.8% in the second quarter. Arkadios Wealth Advisors now owns 12,132 shares of the company's stock valued at $335,000 after purchasing an additional 557 shares during the period. GAMMA Investing LLC grew its holdings in COPT Defense Properties by 59.5% in the second quarter. GAMMA Investing LLC now owns 1,504 shares of the company's stock valued at $41,000 after purchasing an additional 561 shares during the period. Finally, Exchange Traded Concepts LLC grew its holdings in COPT Defense Properties by 2.0% in the second quarter. Exchange Traded Concepts LLC now owns 30,266 shares of the company's stock valued at $835,000 after purchasing an additional 580 shares during the period.
Analyst Ratings Changes
CDP has been the subject of a number of recent research reports. Evercore ISI lifted their price target on shares of COPT Defense Properties from $34.00 to $36.00 and gave the stock an "outperform" rating in a report on Monday, September 15th. JPMorgan Chase & Co. lifted their price target on shares of COPT Defense Properties from $30.00 to $33.00 and gave the stock a "neutral" rating in a report on Wednesday, September 17th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $33.50.
View Our Latest Stock Report on COPT Defense Properties
About COPT Defense Properties
(
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COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.
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