2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. lessened its holdings in shares of COPT Defense Properties ( NYSE:CDP – Free Report ) by 25.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 216,659 shares of the company’s stock after selling 72,642 shares during the period. Envestnet Asset Management Inc. owned about 0.
19% of COPT Defense Properties worth $6,706,000 at the end of the most recent reporting period. Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in shares of COPT Defense Properties by 77.
8% during the fourth 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. USA Financial Formulas bought a new stake in COPT Defense Properties during the 4th quarter valued at approximately $90,000.
Wilmington Savings Fund Society FSB purchased a new position in shares of COPT Defense Properties during the 3rd quarter worth approximately $91,000. Meeder Asset Management Inc. bought a new position in COPT Defense Properties in the fourth quarter worth $110,000.
Finally, Spirit of America Management Corp NY increased its stake in shares of COPT Defense Properties by 25.0% during the fourth quarter. Spirit of America Management Corp NY now owns 5,000 shares of the company’s stock valued at $155,000 after purchasing an additional 1,000 shares in the last quarter.
Wall Street Analyst Weigh In Separately, Jefferies Financial Group started coverage on shares of COPT Defense Properties in a report on Monday, March 17th. They issued a “buy” rating and a $31.00 price objective for the company.
Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.43.
COPT Defense Properties Price Performance NYSE:CDP opened at $26.36 on Monday. The company has a market capitalization of $2.
98 billion, a P/E ratio of 21.43 and a beta of 0.92.
The business’s 50-day moving average is $26.69 and its 200 day moving average is $29.57.
The company has a current ratio of 2.47, a quick ratio of 2.38 and a debt-to-equity ratio of 1.
56. COPT Defense Properties has a 12 month low of $22.53 and a 12 month high of $34.
22. COPT Defense Properties ( NYSE:CDP – Get Free Report ) last posted its earnings results on Thursday, February 6th. The company reported $0.
65 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.33.
COPT Defense Properties had a return on equity of 9.07% and a net margin of 18.44%.
On average, 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 was paid on Wednesday, April 16th.
Stockholders of record on Monday, March 31st were given a dividend of $0.305 per share. This represents a $1.
22 annualized dividend and a dividend yield of 4.63%. This is a boost from COPT Defense Properties’s previous quarterly dividend of $0.
30. The ex-dividend date of this dividend was Monday, March 31st. COPT Defense Properties’s dividend payout ratio is currently 99.
19%. COPT Defense Properties Profile ( Free Report ) 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. Featured Articles Five stocks we like better than COPT Defense Properties How to Find Undervalued Stocks With a 60%+ Upside, There’s Plenty to Love About Lovesac What Are the U.
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Hunt Transport Overcorrects Into a Buying Opportunity How to Use the MarketBeat Excel Dividend Calculator AppLovin: Can Record Profits Overcome Market Skepticism? Want to see what other hedge funds are holding CDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for COPT Defense Properties ( NYSE:CDP – Free Report ). Receive News & Ratings for COPT Defense Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COPT Defense Properties and related companies with MarketBeat.
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