COPT Defense Properties $CDP Position Increased by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp ET AL more than doubled its stake in COPT Defense Properties (+110.4%) in Q3 to 190,999 shares, worth about $5.55 million (≈0.17% of the company).
• Q results and guidance: COPT reported $0.70 EPS vs. $0.68 expected and revenue of $197.36M (up 7.6% YoY), and set FY2026 guidance of 2.710–2.790 EPS.
• Dividend increase: the company raised its quarterly dividend to $0.32 ($1.28 annualized) for a 4.1% yield, with an ex-dividend date of March 31 and a payout ratio around 90%.

Tudor Investment Corp ET AL increased its stake in shares of COPT Defense Properties (NYSE:CDP - Free Report) by 110.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,999 shares of the company's stock after buying an additional 100,224 shares during the quarter. Tudor Investment Corp ET AL owned about 0.17% of COPT Defense Properties worth $5,550,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Consulate Inc. acquired a new stake in shares of COPT Defense Properties in the 3rd quarter worth about $39,000. EverSource Wealth Advisors LLC increased its stake in shares of COPT Defense Properties by 1,176.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company's stock valued at $46,000 after purchasing an additional 1,553 shares during the period. GAMMA Investing LLC increased its stake in shares of COPT Defense Properties by 31.2% in the third quarter. GAMMA Investing LLC now owns 1,973 shares of the company's stock valued at $57,000 after purchasing an additional 469 shares during the period. Osaic Holdings Inc. raised its holdings in shares of COPT Defense Properties by 59.6% during the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company's stock valued at $88,000 after buying an additional 1,192 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of COPT Defense Properties by 14.1% during the second quarter. PNC Financial Services Group Inc. now owns 4,988 shares of the company's stock valued at $138,000 after buying an additional 617 shares during the last quarter.

COPT Defense Properties Stock Down 0.2%

CDP stock opened at $31.46 on Wednesday. The firm has a market cap of $3.56 billion, a PE ratio of 23.30 and a beta of 0.86. COPT Defense Properties has a 12 month low of $23.92 and a 12 month high of $32.82. The company has a debt-to-equity ratio of 1.77, a current ratio of 3.95 and a quick ratio of 3.95. The firm has a 50 day simple moving average of $31.49 and a 200 day simple moving average of $29.92.

COPT Defense Properties (NYSE:CDP - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. COPT Defense Properties had a return on equity of 9.82% and a net margin of 19.94%.The company had revenue of $197.36 million for the quarter, compared to analysts' expectations of $188.79 million. During the same quarter in the prior year, the company earned $0.65 earnings per share. The firm's revenue was up 7.6% on a year-over-year basis. COPT Defense Properties has set its FY 2026 guidance at 2.710-2.790 EPS and its Q1 2026 guidance at 0.670-0.690 EPS. Equities research analysts forecast that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 4.1%. This is a boost from COPT Defense Properties's previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Tuesday, March 31st. COPT Defense Properties's payout ratio is 90.37%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Truist Financial increased their price objective on COPT Defense Properties from $31.00 to $33.00 and gave the stock a "hold" rating in a report on Tuesday, March 3rd. Citigroup boosted their price target on COPT Defense Properties from $29.00 to $34.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a "buy (b-)" rating on shares of COPT Defense Properties in a research note on Wednesday, January 21st. Evercore reissued an "outperform" rating on shares of COPT Defense Properties in a report on Friday, February 6th. Finally, Wells Fargo & Company lifted their price objective on shares of COPT Defense Properties from $30.00 to $33.00 and gave the company an "overweight" rating in a research note on Tuesday, November 25th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.88.

Insider Buying and Selling at COPT Defense Properties

In related news, Director Philip L. Hawkins sold 5,536 shares of the company's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $32.71, for a total transaction of $181,082.56. Following the transaction, the director directly owned 15,188 shares of the company's stock, valued at approximately $496,799.48. The trade was a 26.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.42% of the company's stock.

About COPT Defense Properties

COPT Defense Properties NYSE: CDP is a real estate investment trust organized to own, lease and manage healthcare and life science facilities serving the United States federal government, with a particular focus on Department of Defense and Veterans Affairs tenants. The company was formed in 2016 through a spin-off from Corporate Office Properties Trust, enabling it to concentrate exclusively on medical office buildings and specialized research facilities situated on or near military and federal research campuses.

The company's portfolio comprises purpose-built, Class A medical office and outpatient specialty clinics, as well as life science laboratories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.