Cousins Properties Director Tom G. Charlesworth Sells 4,604 Shares (CUZ)
Cousins Properties (NYSE:CUZ) Director Tom G. Charlesworth sold 4,604 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $11.48, for a total transaction of $52,853.92. Following the completion of the transaction, the director now directly owns 39,029 shares of the company’s stock, valued at approximately $448,053. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Cousins Properties (NYSE:CUZ) traded up 0.87% on Monday, hitting $11.57. The stock had a trading volume of 212,303 shares. Cousins Properties has a 52 week low of $9.30 and a 52 week high of $11.59. The stock’s 50-day moving average is $10.72 and its 200-day moving average is $10.54. The company has a market cap of $2.195 billion and a price-to-earnings ratio of 15.17.
Cousins Properties (NYSE:CUZ) last released its earnings data on Wednesday, February 19th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.16 by $0.02. The company had revenue of $79.50 million for the quarter, compared to the consensus estimate of $71.52 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. On average, analysts predict that Cousins Properties will post $0.70 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, February 24th. Stockholders of record on Monday, February 10th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 2.62%. The ex-dividend date is Thursday, February 6th. This is a boost from Cousins Properties’s previous quarterly dividend of $0.05.
A number of research firms have recently commented on CUZ. Analysts at McLean Capital Management upgraded shares of Cousins Properties from a “sell” rating to a “neutral” rating in a research note on Friday. Separately, analysts at TheStreet upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. Finally, analysts at TheStreet upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th.
Cousins Properties Incorporated (NYSE:CUZ) is a real estate investment trust (REIT).
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