Cousins Properties (NYSE:CUZ) was upgraded by equities researchers at Bank of America from a “neutral” rating to a “buy” rating in a research report issued on Monday, The Fly reports.

A number of other brokerages also recently weighed in on CUZ. Stifel Nicolaus reissued a “buy” rating and issued a $10.50 price target on shares of Cousins Properties in a report on Thursday, September 21st. Zacks Investment Research raised shares of Cousins Properties from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. ValuEngine raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. BidaskClub raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Monday, August 14th. Finally, SunTrust Banks reaffirmed a “buy” rating and set a $10.00 price objective on shares of Cousins Properties in a report on Monday, October 2nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $10.10.

Cousins Properties (NYSE:CUZ) opened at $9.09 on Monday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.39. The firm has a market cap of $3,817.99, a PE ratio of 14.43 and a beta of 1.09. Cousins Properties has a fifty-two week low of $7.81 and a fifty-two week high of $9.59.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.12). The company had revenue of $113.20 million during the quarter, compared to analysts’ expectations of $113.51 million. Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. Cousins Properties’s quarterly revenue was up 132.4% compared to the same quarter last year. During the same period last year, the firm posted $0.22 earnings per share. analysts predict that Cousins Properties will post 0.61 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CUZ. Societe Generale purchased a new stake in Cousins Properties during the second quarter valued at about $102,000. Tower Research Capital LLC TRC increased its position in shares of Cousins Properties by 16,922.4% during the second quarter. Tower Research Capital LLC TRC now owns 9,873 shares of the real estate investment trust’s stock valued at $103,000 after buying an additional 9,815 shares during the period. Commerzbank Aktiengesellschaft FI increased its position in shares of Cousins Properties by 14.0% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 12,553 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 1,545 shares during the period. World Asset Management Inc bought a new stake in shares of Cousins Properties during the second quarter valued at about $105,000. Finally, Elkfork Partners LLC bought a new stake in shares of Cousins Properties during the fourth quarter valued at about $106,000.

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Cousins Properties Company Profile

Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.

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