Public Employees Retirement System of Ohio Makes New $8.01 Million Investment in COPT Defense Properties $CDP

Public Employees Retirement System of Ohio acquired a new stake in COPT Defense Properties (NYSE:CDP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 220,050 shares of the company’s stock, valued at approximately $8,008,000.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its stake in shares of COPT Defense Properties by 12.1% during the first quarter. Royal Bank of Canada now owns 104,602 shares of the company’s stock valued at $2,853,000 after purchasing an additional 11,316 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in COPT Defense Properties by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,030 shares of the company’s stock worth $1,828,000 after purchasing an additional 2,931 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in COPT Defense Properties by 5.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 834,042 shares of the company’s stock worth $22,744,000 after purchasing an additional 39,683 shares during the last quarter. Jane Street Group LLC lifted its holdings in COPT Defense Properties by 152.4% during the 1st quarter. Jane Street Group LLC now owns 214,122 shares of the company’s stock worth $5,839,000 after buying an additional 129,303 shares in the last quarter. Finally, Invesco Ltd. boosted its position in COPT Defense Properties by 11.8% in the 2nd quarter. Invesco Ltd. now owns 758,513 shares of the company’s stock valued at $20,920,000 after buying an additional 80,153 shares during the last quarter.

COPT Defense Properties Stock Performance

Shares of COPT Defense Properties stock opened at $35.49 on Wednesday. The firm has a fifty day moving average of $37.04 and a two-hundred day moving average of $33.84. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of 24.65 and a beta of 0.76. COPT Defense Properties has a 52 week low of $27.06 and a 52 week high of $38.90. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.89 and a current ratio of 2.89.

COPT Defense Properties (NYSE:CDP) last posted its quarterly earnings results on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.07. COPT Defense Properties had a return on equity of 10.48% and a net margin of 20.94%.The business had revenue of $197.39 million for the quarter, compared to analyst estimates of $189.36 million. During the same period last year, the company earned $0.34 EPS. COPT Defense Properties has set its FY 2026 guidance at 1.390-1.430 EPS and its Q3 2026 guidance at 0.370-0.390 EPS. As a group, equities research analysts predict that COPT Defense Properties will post 2.78 EPS for the current year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a dividend of $0.32 per share. The ex-dividend date is Wednesday, September 30th. This represents a $1.28 dividend on an annualized basis and a yield of 3.6%. COPT Defense Properties’s dividend payout ratio (DPR) is 88.89%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CDP. Weiss Ratings reissued a “buy (b)” rating on shares of COPT Defense Properties in a research note on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $37.00 price target on shares of COPT Defense Properties in a research note on Thursday, June 25th. Citigroup lifted their price objective on COPT Defense Properties from $34.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Evercore reissued an “outperform” rating and set a $42.00 price objective on shares of COPT Defense Properties in a report on Monday, July 27th. Finally, Wells Fargo & Company upped their target price on shares of COPT Defense Properties from $36.00 to $41.00 and gave the company an “overweight” rating in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $37.38.

COPT Defense Properties Profile

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.