Nomura Holdings Inc. Purchases Shares of 14,895 COPT Defense Properties (NYSE:CDP)

Nomura Holdings Inc. bought a new position in shares of COPT Defense Properties (NYSE:CDP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,895 shares of the company's stock, valued at approximately $461,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in COPT Defense Properties by 4.0% in 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 acquiring an additional 2,487 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of COPT Defense Properties by 84.0% in the fourth quarter. Lazard Asset Management LLC now owns 39,839 shares of the company's stock worth $1,233,000 after purchasing an additional 18,193 shares during the last quarter. Jefferies Financial Group Inc. lifted its stake in COPT Defense Properties by 237.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 54,399 shares of the company's stock valued at $1,684,000 after acquiring an additional 38,288 shares in the last quarter. FJ Capital Management LLC purchased a new stake in COPT Defense Properties in the 4th quarter valued at about $222,000. Finally, Frontier Capital Management Co. LLC lifted its holdings in COPT Defense Properties by 0.4% during the fourth quarter. Frontier Capital Management Co. LLC now owns 1,359,335 shares of the company's stock worth $42,071,000 after acquiring an additional 5,031 shares during the period.

COPT Defense Properties Stock Performance

NYSE:CDP traded down $0.00 during mid-day trading on Friday, hitting $26.98. The company's stock had a trading volume of 756,776 shares, compared to its average volume of 934,265. The business's fifty day moving average is $26.52 and its two-hundred day moving average is $28.70. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.47 and a quick ratio of 2.38. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 21.93 and a beta of 0.86. COPT Defense Properties has a 1 year low of $23.47 and a 1 year high of $34.22.

COPT Defense Properties (NYSE:CDP - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.65 earnings per share for the quarter, hitting analysts' consensus estimates of $0.65. COPT Defense Properties had a net margin of 18.44% and a return on equity of 9.07%. The firm had revenue of $187.86 million for the quarter, compared to analyst estimates of $186.37 million. During the same period in the previous year, the business posted $0.62 earnings per share. COPT Defense Properties's quarterly revenue was up 6.0% on a year-over-year basis. Analysts anticipate that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 16th. Stockholders of record on Monday, June 30th will be paid a $0.305 dividend. This represents a $1.22 annualized dividend and a dividend yield of 4.52%. The ex-dividend date of this dividend is Monday, June 30th. COPT Defense Properties's payout ratio is currently 97.60%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CDP. Jefferies Financial Group initiated coverage on shares of COPT Defense Properties in a research report on Monday, March 17th. They set a "buy" rating and a $31.00 target price for the company. Wells Fargo & Company dropped their target price on COPT Defense Properties from $36.00 to $30.00 and set an "overweight" rating for the company in a research report on Monday, May 19th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $33.14.

Insider Activity

In related news, Director Robert L. Denton sold 4,398 shares of the company's stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $26.70, for a total value of $117,426.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.42% of the company's stock.

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.