Mutual of America Capital Management 13F: Adds $2.3M to CDP Stake

Mutual of America Capital Management grew its stake in COPT Defense Properties CDP by 169.8%, adding 69,269 shares during the period according to a Form 13F filing with the SEC on October 23, 2026. COPT Defense Properties closed at $33.93 on the day of the filing. With that addition, the firm held 110,057 shares valued at about $3,675,904.

CDP COPT Defense Properties

$33.93 ▲ +26.98% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America's COPT Defense Properties Position

The fund expanded its previous holding of 40,788 shares up to 110,057 shares. The 169.8% increase lifted the total value of the investment to $3,675,904.

Other Institutional Activity in COPT Defense Properties

Other large investors adjusted their positions in the real estate investment trust as well. Alliancebernstein L.P. grew its holdings by 41,542 shares, ending with 8,880,283 shares worth about $301,308,004. Earnest Partners LLC reduced its holdings by 102,686 shares, ending with 4,420,946 shares worth about $150,002,699. Channing Capital Management, LLC reduced its holdings by 89,136 shares, ending with 2,891,994 shares worth about $98,125,357. Westwood Holdings Group Inc. reduced its holdings by 405,072 shares, ending with 2,840,694 shares worth about $96,384,748.

COPT Defense Properties Stock Up 2.5%

The stock recently traded around $33.93 as of October 24, 2026. The shares sit below their 50-day moving average of $34.86 while remaining above their 200-day moving average of $33.46. The company has an overall market capitalization of about $3.84 billion.

Recent Earnings

The company reported trailing twelve-month revenue of $788.1 million and basic earnings of $1.44 per share. It generated a net profit margin of 20.8% and a return on equity of 10.8%. The next earnings report is scheduled for October 29, 2026.

Dividend

The real estate investment trust pays an annual dividend of $1.28 per share, which translates to a dividend yield of 3.8%. That payout is backed by a dividend payout ratio of 86.8%, meaning most of its earnings go back to shareholders.

Insider Buying and Selling at COPT Defense Properties

Company insiders trimmed their holdings ahead of the filing. Director Lisa G. Trimberger sold 7,896 shares on September 17, 2025, worth $241,965. Director Philip L. Hawkins sold 5,536 shares on February 23, 2026, at an average price of $32.71 for a total of $181,100. Director Robert L. Denton sold 3,922 shares on May 26, 2026, at $32.38 per share, totaling $126,994. Director C. Taylor Pickett sold 31,798 shares on May 29, 2026, at $32.25 per share for a total value of $1,025,581.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. Evercore ISI Group maintained an Outperform rating with a target of $43.00 on July 28, 2026, and later adjusted its target to $41.00 on September 21, 2026. Citigroup kept a Neutral rating and raised its target to $40.00 on July 30, 2026. Truist Securities kept a Hold rating and raised its target to $38.00 on August 24, 2026. Wells Fargo kept an Overweight rating and raised its target to $41.00 on September 1, 2026. The stock carries a consensus Buy rating and an average price target of $39.75 across 8 analyst opinions.

About COPT Defense Properties

COPT Defense Properties is a self-managed real estate investment trust that acquires, owns, and develops office and data center properties. Its portfolio centers primarily around properties located near key U.S. government defense and information technology installations.

Bottom Line

Investors will look toward the upcoming earnings release on October 29, 2026, for fresh updates on portfolio leasing and financial performance. Institutional filings offer a window into how major asset managers position their capital across sectors.