State Street Corp Updates Passive Stake in COPT Defense Properties
Ticker: CDP · Form: SC 13G/A · Filed: Jan 29, 2024 · CIK: 860546
| Field | Detail |
|---|---|
| Company | Copt Defense Properties (CDP) |
| Form Type | SC 13G/A |
| Filed Date | Jan 29, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing, real-estate
TL;DR
**State Street still owns a chunk of COPT Defense Properties, showing institutional confidence.**
AI Summary
State Street Corp filed an amended SC 13G/A on January 29, 2024, indicating its ownership of COPT DEFENSE PROPERTIES (REIT) shares as of December 31, 2023. This filing updates previous disclosures, showing State Street's continued significant, though passive, stake in the company. For investors, this matters because it confirms a major institutional investor's ongoing interest, which can signal stability and confidence in the stock, even if the exact percentage isn't detailed in this snippet.
Why It Matters
This filing confirms State Street Corp, a major institutional investor, maintains a significant passive stake in COPT DEFENSE PROPERTIES, signaling continued institutional confidence in the company.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company operations.
Analyst Insight
An investor should note that a large institutional investor like State Street Corp maintains a position, suggesting stability, but should also look for the full filing to understand the exact percentage of ownership and any changes from previous filings before making investment decisions.
Key Players & Entities
- State Street Corp (company) — the entity filing the SC 13G/A
- COPT DEFENSE PROPERTIES (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 29, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G. It was filed by State Street Corp regarding its ownership in COPT DEFENSE PROPERTIES.
What is the CUSIP number for the securities mentioned in the filing?
The CUSIP number for the REIT class of securities of COPT DEFENSE PROPERTIES is 22002T108, as stated in the filing.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated in the filing.
Under which rule was this Schedule 13G/A filed?
This Schedule 13G/A was filed under Rule 13D-1 (B), as designated by the 'X' in the appropriate box.
What is the business address of the subject company, COPT DEFENSE PROPERTIES?
The business address for COPT DEFENSE PROPERTIES is 6711 Columbia Gateway Drive, Suite 300, Columbia, MD 21046, according to the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 29, 2024 regarding COPT DEFENSE PROPERTIES (CDP).