Campbell & CO Investment Adviser LLC Buys 29,728 Shares of COPT Defense Properties $CDP

Key Points

• Campbell & CO Investment Adviser LLC increased its holdings in COPT Defense Properties by 49.0% in Q1, owning approximately 90,374 shares worth $2.46 million.
• COPT Defense Properties recently announced a quarterly dividend of $0.305 per share, representing a 4.2% yield with a payout ratio of 95.31%.
• Analyst ratings for COPT Defense Properties include four "Buy" ratings and an average target price of $33.17, despite Wells Fargo lowering their price target from $36.00 to $30.00.

Campbell & CO Investment Adviser LLC boosted its stake in COPT Defense Properties (NYSE:CDP - Free Report) by 49.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,374 shares of the company's stock after purchasing an additional 29,728 shares during the quarter. Campbell & CO Investment Adviser LLC owned about 0.08% of COPT Defense Properties worth $2,464,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Cbre Investment Management Listed Real Assets LLC grew its holdings in COPT Defense Properties by 21.2% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,403,647 shares of the company's stock worth $38,277,000 after purchasing an additional 245,440 shares during the period. AlphaQuest LLC grew its holdings in COPT Defense Properties by 8,503,100.0% in the first quarter. AlphaQuest LLC now owns 85,032 shares of the company's stock worth $2,319,000 after purchasing an additional 85,031 shares during the period. Capital Fund Management S.A. acquired a new stake in COPT Defense Properties in the first quarter worth $1,280,000. Hsbc Holdings PLC grew its holdings in COPT Defense Properties by 62.0% in the first quarter. Hsbc Holdings PLC now owns 200,191 shares of the company's stock worth $5,461,000 after purchasing an additional 76,591 shares during the period. Finally, Brooklyn Investment Group grew its holdings in shares of COPT Defense Properties by 9,030.4% during the first quarter. Brooklyn Investment Group now owns 2,100 shares of the company's stock valued at $57,000 after buying an additional 2,077 shares during the last quarter.

Analyst Ratings Changes

Separately, Wells Fargo & Company reduced their price objective on shares of 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 two have issued a Hold rating to the stock. Based on data from MarketBeat, COPT Defense Properties currently has an average rating of "Moderate Buy" and a consensus target price of $33.17.

COPT Defense Properties Stock Down 0.3%

COPT Defense Properties stock traded down $0.10 during midday trading on Friday, hitting $28.77. 600,657 shares of the stock were exchanged, compared to its average volume of 942,003. COPT Defense Properties has a 52-week low of $23.92 and a 52-week high of $34.22. The stock has a market capitalization of $3.25 billion, a price-to-earnings ratio of 22.47 and a beta of 0.87. The business's 50-day moving average price is $28.07 and its 200-day moving average price is $27.35. The company has a quick ratio of 2.96, a current 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 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.01. COPT Defense Properties had a net margin of 19.23% and a return on equity of 9.38%. The business had revenue of $175.60 million for the quarter, compared to analysts' expectations of $186.55 million. During the same period in the previous year, the company earned $0.64 earnings per share. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. 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, research analysts expect that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Investors 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 annualized dividend and a yield of 4.2%. COPT Defense Properties's payout ratio is 95.31%.

COPT Defense Properties Company Profile

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.