Cbre Investment Management Listed Real Assets LLC Has $38.28 Million Holdings in COPT Defense Properties $CDP

Key Points

• Cbre Investment Management Listed Real Assets LLC boosted its stake in COPT Defense Properties by 21.2%, holding 1.24% of the company valued at approximately $38.28 million.
• COPT Defense Properties reported a net margin of 19.23% and earnings per share of $0.68 for the last quarter, exceeding analysts' expectations.
• The company announced a quarterly dividend of $0.305, with an annualized yield of 4.2%, indicating a high payout ratio of 95.31%.

Cbre Investment Management Listed Real Assets LLC raised its stake in COPT Defense Properties (NYSE:CDP - Free Report) by 21.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,403,647 shares of the company's stock after buying an additional 245,440 shares during the quarter. Cbre Investment Management Listed Real Assets LLC owned 1.24% of COPT Defense Properties worth $38,277,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in shares of COPT Defense Properties by 2.0% in the first quarter. Principal Financial Group Inc. now owns 1,945,257 shares of the company's stock worth $53,047,000 after acquiring an additional 38,916 shares during the last quarter. M&T Bank Corp grew its stake in COPT Defense Properties by 23.5% in the first quarter. M&T Bank Corp now owns 27,034 shares of the company's stock valued at $737,000 after purchasing an additional 5,145 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in COPT Defense Properties by 28.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,517 shares of the company's stock worth $478,000 after purchasing an additional 3,866 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of COPT Defense Properties by 9.9% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 711,833 shares of the company's stock worth $19,412,000 after purchasing an additional 63,978 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in shares of COPT Defense Properties by 1.4% during the 1st quarter. Asset Management One Co. Ltd. now owns 237,177 shares of the company's stock valued at $6,468,000 after buying an additional 3,351 shares during the last quarter.

COPT Defense Properties Stock Up 1.8%

Shares of CDP stock opened at $28.9540 on Friday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 22.62 and a beta of 0.87. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.96 and a current ratio of 2.96. The stock's 50 day simple moving average is $28.06 and its 200 day simple moving average is $27.37. COPT Defense Properties has a twelve month low of $23.92 and a twelve month high of $34.22.

COPT Defense Properties (NYSE:CDP - Get Free Report) last issued its quarterly earnings data 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 net margin of 19.23% and a return on equity of 9.38%. The business had revenue of $175.60 million during 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. COPT Defense Properties's revenue for the quarter 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. As a group, research analysts predict that COPT Defense Properties will post 2.67 EPS for the current year.

COPT Defense Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Tuesday, September 30th. COPT Defense Properties's payout ratio is presently 95.31%.

Analysts Set New Price Targets

Separately, Wells Fargo & Company dropped their price objective on COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, May 19th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $33.17.

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.

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