XTX Topco Ltd Makes New $578,000 Investment in COPT Defense Properties (NYSE:CDP)

XTX Topco Ltd acquired a new stake in COPT Defense Properties (NYSE:CDP - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 18,666 shares of the company's stock, valued at approximately $578,000.

Several other hedge funds have also made changes to their positions in CDP. Barclays PLC boosted its position in shares of COPT Defense Properties by 87.6% during the 3rd quarter. Barclays PLC now owns 218,999 shares of the company's stock worth $6,643,000 after acquiring an additional 102,280 shares in the last quarter. Sanctuary Advisors LLC raised its position in COPT Defense Properties by 13.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 42,381 shares of the company's stock valued at $1,349,000 after purchasing an additional 4,885 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of COPT Defense Properties in the third quarter valued at about $91,000. JPMorgan Chase & Co. lifted its position in COPT Defense Properties by 35.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,693,332 shares of the company's stock worth $81,689,000 after acquiring an additional 710,491 shares during the period. Finally, GAMMA Investing LLC increased its stake in COPT Defense Properties by 77.8% in the 4th quarter. GAMMA Investing LLC now owns 1,403 shares of the company's stock valued at $43,000 after buying an additional 614 shares during the period.

COPT Defense Properties Stock Performance

Shares of CDP traded down $0.00 during mid-day trading on Friday, hitting $26.50. The stock had a trading volume of 91,438 shares, compared to its average volume of 915,949. The company has a market cap of $2.99 billion, a PE ratio of 21.54 and a beta of 0.92. The company's fifty day simple moving average is $26.60 and its two-hundred day simple moving average is $29.46. The company has a quick ratio of 2.38, a current ratio of 2.47 and a debt-to-equity ratio of 1.56. COPT Defense Properties has a fifty-two week low of $22.53 and a fifty-two week high of $34.22.

COPT Defense Properties (NYSE:CDP - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.33. COPT Defense Properties had a net margin of 18.44% and a return on equity of 9.07%. On average, equities analysts expect that COPT Defense Properties will post 2.67 earnings per share for the current year.

COPT Defense Properties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 16th. Investors of record on Monday, March 31st were paid a $0.305 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.22 dividend on an annualized basis and a yield of 4.60%. This is a boost from COPT Defense Properties's previous quarterly dividend of $0.30. COPT Defense Properties's dividend payout ratio (DPR) is currently 99.19%.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group began coverage on COPT Defense Properties in a report on Monday, March 17th. They issued a "buy" rating and a $31.00 target price for the company. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, COPT Defense Properties currently has an average rating of "Moderate Buy" and an average price target of $33.43.

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.