American Century Companies Inc. Has $514,000 Holdings in COPT Defense Properties $CDP

American Century Companies Inc. lessened its position in shares of COPT Defense Properties (NYSE:CDP) by 11.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 18,862 shares of the company’s stock after selling 2,466 shares during the quarter. American Century Companies Inc.’s holdings in COPT Defense Properties were worth $514,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of COPT Defense Properties by 2.0% during the first quarter. Principal Financial Group Inc. now owns 1,945,257 shares of the company’s stock worth $53,047,000 after buying an additional 38,916 shares during the period. M&T Bank Corp grew its holdings in COPT Defense Properties by 23.5% during the 1st quarter. M&T Bank Corp now owns 27,034 shares of the company’s stock worth $737,000 after acquiring an additional 5,145 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in COPT Defense Properties by 28.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,517 shares of the company’s stock worth $478,000 after acquiring an additional 3,866 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its holdings in COPT Defense Properties by 9.9% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 711,833 shares of the company’s stock worth $19,412,000 after acquiring an additional 63,978 shares during the period. Finally, Asset Management One Co. Ltd. grew its holdings in COPT Defense Properties by 1.4% during the 1st quarter. Asset Management One Co. Ltd. now owns 237,177 shares of the company’s stock worth $6,468,000 after acquiring an additional 3,351 shares during the period.

Wall Street Analysts Forecast Growth

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 note on Monday, May 19th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, COPT Defense Properties presently has an average rating of “Moderate Buy” and an average price target of $33.60.

COPT Defense Properties Stock Up 0.8%

Shares of NYSE CDP opened at $30.65 on Friday. The stock has a market capitalization of $3.46 billion, a P/E ratio of 23.94 and a beta of 0.93. The company has a 50-day moving average price of $28.24 and a 200-day moving average price of $27.43. COPT Defense Properties has a 1 year low of $23.92 and a 1 year high of $34.22. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.96 and a quick ratio of 2.96.

COPT Defense Properties (NYSE:CDP) last released its quarterly earnings results on Monday, July 28th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.01. The business had revenue of $175.60 million during the quarter, compared to the consensus estimate of $186.55 million. COPT Defense Properties had a return on equity of 9.38% and a net margin of 19.23%.The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. 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 forecast that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

COPT Defense Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.22 annualized dividend and a dividend yield of 4.0%. COPT Defense Properties’s payout ratio is presently 95.31%.

About COPT Defense Properties

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.