Woodline Partners LP Increases Stake in COPT Defense Properties $CDP

Woodline Partners LP raised its stake in shares of COPT Defense Properties (NYSE:CDP) by 130.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 729,014 shares of the company’s stock after acquiring an additional 412,857 shares during the period. Woodline Partners LP’s holdings in COPT Defense Properties were worth $19,880,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. UMB Bank n.a. lifted its position in COPT Defense Properties by 321.7% in the first quarter. UMB Bank n.a. now owns 1,071 shares of the company’s stock worth $29,000 after buying an additional 817 shares during the last quarter. Quarry LP lifted its position in shares of COPT Defense Properties by 102.0% during the first quarter. Quarry LP now owns 1,186 shares of the company’s stock worth $32,000 after purchasing an additional 599 shares during the last quarter. Brooklyn Investment Group lifted its position in shares of COPT Defense Properties by 9,030.4% during the first quarter. Brooklyn Investment Group now owns 2,100 shares of the company’s stock worth $57,000 after purchasing an additional 2,077 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of COPT Defense Properties during the fourth quarter worth $63,000. Finally, Headlands Technologies LLC bought a new stake in shares of COPT Defense Properties during the first quarter worth $74,000.

COPT Defense Properties Stock Performance

Shares of COPT Defense Properties stock opened at $30.54 on Thursday. The firm has a market cap of $3.45 billion, a P/E ratio of 23.86 and a beta of 0.93. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.58. COPT Defense Properties has a 12 month low of $23.92 and a 12 month high of $34.22. The stock’s fifty day moving average price is $28.39 and its 200-day moving average price is $27.51.

COPT Defense Properties (NYSE:CDP) last announced its quarterly earnings results on Monday, July 28th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.67 by $0.01. The firm had revenue of $175.60 million for the quarter, compared to analyst estimates of $186.55 million. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. COPT Defense Properties has set its Q3 2025 guidance at 0.660-0.680 EPS. FY 2025 guidance at 2.650-2.690 EPS. On average, equities research analysts expect that COPT Defense Properties will post 2.67 earnings per share for the current fiscal year.

COPT Defense Properties Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.305 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.22 annualized dividend and a dividend yield of 4.0%. COPT Defense Properties’s dividend payout ratio (DPR) is currently 95.31%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company decreased 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. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, COPT Defense Properties presently has a consensus rating of “Moderate Buy” and an average target price 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.