California State Teachers Retirement System Raises Stake in COPT Defense Properties $CDP

Posted by Francis Steltz on Aug 8th, 2026

California State Teachers Retirement System increased its holdings in shares of COPT Defense Properties (NYSE:CDP – Free Report) by 28.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 137,228 shares of the company’s stock after purchasing an additional 30,471 shares during the quarter. California State Teachers Retirement System’s holdings in COPT Defense Properties were worth $4,199,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of CDP. Los Angeles Capital Management LLC acquired a new position in COPT Defense Properties during the fourth quarter valued at approximately $27,000. EverSource Wealth Advisors LLC increased its holdings in COPT Defense Properties by 1,176.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock valued at $46,000 after purchasing an additional 1,553 shares in the last quarter. Optima Capital LLC acquired a new stake in COPT Defense Properties in the 4th quarter valued at $63,000. Caitong International Asset Management Co. Ltd raised its position in COPT Defense Properties by 283.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,173 shares of the company’s stock valued at $88,000 after purchasing an additional 2,346 shares during the period. Finally, Osaic Holdings Inc. raised its position in COPT Defense Properties by 59.6% in the second quarter. Osaic Holdings Inc. now owns 3,193 shares of the company’s stock valued at $88,000 after purchasing an additional 1,192 shares during the period.

Insider Transactions at COPT Defense Properties

In other COPT Defense Properties news, Director Robert L. Denton sold 3,922 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $32.38, for a total value of $126,994.36. Following the transaction, the director directly owned 3,803 shares of the company’s stock, valued at $123,141.14. This represents a 50.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.66% of the stock is owned by corporate insiders.

COPT Defense Properties Stock Performance

NYSE:CDP opened at $37.18 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.89 and a quick ratio of 2.85. The firm has a 50-day moving average of $35.83 and a two-hundred day moving average of $33.12. The stock has a market cap of $4.22 billion, a P/E ratio of 25.82 and a beta of 0.76. COPT Defense Properties has a 1-year low of $27.06 and a 1-year high of $38.90.

COPT Defense Properties (NYSE:CDP – Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 in the previous year, the company earned $0.34 earnings per share. 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. On average, research analysts expect that COPT Defense Properties will post 2.78 earnings per share for the current fiscal year.

COPT Defense Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.32 per share. The ex-dividend date was Tuesday, June 30th. This represents a $1.28 annualized dividend and a yield of 3.4%. COPT Defense Properties’s payout ratio is currently 88.89%.

Analyst Ratings Changes

A number of research analysts have commented on CDP shares. Weiss Ratings restated a “buy (b)” rating on shares of COPT Defense Properties in a research note on Friday, July 17th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $37.00 target price on shares of COPT Defense Properties in a research note on Thursday, June 25th. JPMorgan Chase & Co. raised their target price on COPT Defense Properties from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, May 15th. Evercore reissued an “outperform” rating and set a $42.00 price target on shares of COPT Defense Properties in a research report on Monday, July 27th. Finally, Wells Fargo & Company upped their price target on COPT Defense Properties from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $36.25.

Check Out Our Latest Report on COPT Defense Properties

COPT Defense Properties Profile

(Free Report)

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.