Caxton Associates LLP Invests $1.52 Million in COPT Defense Properties $CDP

Key Points

• Caxton Associates LLP acquired a stake in COPT Defense Properties worth approximately $1.52 million, purchasing 55,617 shares in the first quarter.
• Wells Fargo & Company lowered its price target for COPT Defense Properties from $36.00 to $30.00 while maintaining an "overweight" rating on the stock.
• The company announced a quarterly dividend of $0.305 per share, with a current dividend yield of 4.0%.

Caxton Associates LLP acquired a new stake in shares of COPT Defense Properties (NYSE:CDP - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 55,617 shares of the company's stock, valued at approximately $1,517,000.

A number of other institutional investors and hedge funds have also modified their holdings of CDP. EP Wealth Advisors LLC bought a new stake in shares of COPT Defense Properties during the fourth quarter valued at approximately $230,000. Deutsche Bank AG increased its position in shares of COPT Defense Properties by 141.7% during the fourth quarter. Deutsche Bank AG now owns 283,407 shares of the company's stock valued at $8,771,000 after purchasing an additional 166,148 shares during the period. Jefferies Financial Group Inc. increased its position in shares of COPT Defense Properties by 237.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 54,399 shares of the company's stock valued at $1,684,000 after purchasing an additional 38,288 shares during the period. Lazard Asset Management LLC increased its position in shares of COPT Defense Properties by 84.0% during the fourth quarter. Lazard Asset Management LLC now owns 39,839 shares of the company's stock valued at $1,233,000 after purchasing an additional 18,193 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of COPT Defense Properties by 4.0% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,099 shares of the company's stock valued at $1,984,000 after purchasing an additional 2,487 shares during the period.

COPT Defense Properties Price Performance

COPT Defense Properties stock traded up $0.14 during mid-day trading on Friday, hitting $30.71. 576,723 shares of the company were exchanged, compared to its average volume of 1,042,271. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.58. The business has a fifty day moving average of $28.48 and a 200 day moving average of $27.56. COPT Defense Properties has a 1-year low of $23.92 and a 1-year high of $34.22. The company has a market capitalization of $3.47 billion, a PE ratio of 23.99 and a beta of 0.93.

COPT Defense Properties (NYSE:CDP - Get Free Report) last released its quarterly earnings data on Monday, July 28th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $175.60 million during the quarter, compared to analyst estimates of $186.55 million. During the same period in the prior year, the company posted $0.64 earnings per share. The business'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. As a group, sell-side analysts expect that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Announces Dividend

The firm also recently announced 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. This represents a $1.22 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, September 30th. COPT Defense Properties's dividend payout ratio is presently 95.31%.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company lowered their price target on COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating on the stock in a research 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's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $33.60.

COPT Defense Properties 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.