COPT Defense Properties (NYSE:CDP) Now Covered by Jefferies Financial Group

Analysts at Jefferies Financial Group began coverage on shares of COPT Defense Properties (NYSE:CDP - Get Free Report) in a research note issued on Monday, Marketbeat reports. The firm set a "buy" rating and a $31.00 price target on the stock. Jefferies Financial Group's price objective points to a potential upside of 15.74% from the company's previous close.

Other equities analysts have also issued reports about the company. BTIG Research lifted their price objective on COPT Defense Properties from $33.00 to $38.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. Truist Financial increased their price objective on COPT Defense Properties from $31.00 to $33.00 and gave the company a "hold" rating in a research report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $32.38.

COPT Defense Properties Stock Down 1.1 %

Shares of CDP stock traded down $0.30 during trading on Monday, hitting $26.78. 1,447,506 shares of the company were exchanged, compared to its average volume of 860,716. The business's 50-day simple moving average is $28.14 and its 200 day simple moving average is $30.17. COPT Defense Properties has a twelve month low of $22.20 and a twelve month high of $34.22. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 21.78 and a beta of 0.96. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.38 and a current ratio of 2.47.

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COPT Defense Properties (NYSE:CDP - Get Free Report) last issued 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%. As a group, analysts forecast that COPT Defense Properties will post 2.67 EPS for the current fiscal year.

Institutional Trading of COPT Defense Properties

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake in COPT Defense Properties by 77.8% during the fourth quarter. GAMMA Investing LLC now owns 1,403 shares of the company's stock worth $43,000 after buying an additional 614 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of COPT Defense Properties during the fourth quarter valued at approximately $63,000. FIL Ltd increased its holdings in shares of COPT Defense Properties by 17.8% in the fourth quarter. FIL Ltd now owns 2,591 shares of the company's stock valued at $80,000 after purchasing an additional 391 shares in the last quarter. USA Financial Formulas bought a new position in COPT Defense Properties in the 4th quarter worth approximately $90,000. Finally, Wilmington Savings Fund Society FSB bought a new position in COPT Defense Properties in the 3rd quarter valued at $91,000.

COPT Defense Properties Company 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.