AQR Capital Management LLC lowered its position in shares of COPT Defense Properties (NYSE:CDP - Free Report) by 16.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 920,183 shares of the company's stock after selling 183,444 shares during the quarter. AQR Capital Management LLC owned 0.82% of COPT Defense Properties worth $25,093,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. Amundi boosted its stake in COPT Defense Properties by 6.9% during the first quarter. Amundi now owns 64,851 shares of the company's stock valued at $1,722,000 after buying an additional 4,167 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in COPT Defense Properties by 9.0% during the first quarter. Federation des caisses Desjardins du Quebec now owns 57,480 shares of the company's stock valued at $1,567,000 after buying an additional 4,730 shares in the last quarter. Dark Forest Capital Management LP purchased a new stake in shares of COPT Defense Properties during the first quarter valued at $5,165,000. EP Wealth Advisors LLC lifted its holdings in shares of COPT Defense Properties by 24.8% during the first quarter. EP Wealth Advisors LLC now owns 9,265 shares of the company's stock valued at $253,000 after purchasing an additional 1,844 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of COPT Defense Properties by 12.1% during the first quarter. Royal Bank of Canada now owns 104,602 shares of the company's stock valued at $2,853,000 after purchasing an additional 11,316 shares during the last quarter.
COPT Defense Properties Stock Up 0.4%
COPT Defense Properties stock traded up $0.14 during mid-day trading on Friday, hitting $30.71. The company's stock had a trading volume of 576,723 shares, compared to its average volume of 1,042,271. The firm's 50 day moving average is $28.48 and its 200 day moving average is $27.56. The company has a market cap of $3.47 billion, a PE ratio of 23.99 and a beta of 0.93. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.96 and a quick ratio of 2.96. COPT Defense Properties has a 52-week low of $23.92 and a 52-week high of $34.22.
COPT Defense Properties (NYSE:CDP - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.01. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The company had revenue of $175.60 million during the quarter, compared to the consensus estimate of $186.55 million. During the same period last year, the business earned $0.64 EPS. The business's quarterly revenue was up 1.4% on a year-over-year basis. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, analysts anticipate that COPT Defense Properties will post 2.67 earnings per share 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 paid a dividend of $0.305 per share. The ex-dividend date of this dividend 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 dividend payout ratio (DPR) is 95.31%.
Analyst Upgrades and Downgrades
Separately, Wells Fargo & Company reduced their target price on COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating for the company in a report on Monday, May 19th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $33.60.
View Our Latest Stock Analysis on COPT Defense Properties
COPT Defense Properties Profile
(
Free Report)
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.
Featured Articles
Before you consider COPT Defense Properties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and COPT Defense Properties wasn't on the list.
While COPT Defense Properties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
