Shares of Cousins Properties Inc (NYSE:CUZ) have received a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $10.13.

Several equities research analysts have recently issued reports on CUZ shares. Zacks Investment Research raised shares of Cousins Properties from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. ValuEngine raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. SunTrust Banks reissued a “buy” rating and issued a $10.00 price objective on shares of Cousins Properties in a research report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and issued a $10.50 price objective on shares of Cousins Properties in a research report on Thursday, September 21st. Finally, Bank of America upgraded shares of Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Monday, December 4th.

In other news, insider S Taylor Glover sold 74,351 shares of the company’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $9.41, for a total value of $699,642.91. Following the completion of the transaction, the insider now directly owns 485,284 shares in the company, valued at $4,566,522.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.14% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in the company. Public Employees Retirement System of Ohio boosted its stake in shares of Cousins Properties by 3.2% in the third quarter. Public Employees Retirement System of Ohio now owns 518,339 shares of the real estate investment trust’s stock valued at $4,841,000 after purchasing an additional 15,941 shares during the period. GSA Capital Partners LLP purchased a new position in shares of Cousins Properties in the third quarter valued at $1,381,000. Eii Capital Management Inc. bought a new position in Cousins Properties during the 3rd quarter valued at $1,012,000. Sterling Capital Management LLC bought a new position in Cousins Properties during the 3rd quarter valued at $1,589,000. Finally, Argent Capital Management LLC boosted its stake in Cousins Properties by 30.8% during the 3rd quarter. Argent Capital Management LLC now owns 309,200 shares of the real estate investment trust’s stock valued at $2,888,000 after acquiring an additional 72,875 shares during the last quarter.

Shares of Cousins Properties (CUZ) opened at $9.49 on Friday. Cousins Properties has a 52-week low of $7.81 and a 52-week high of $9.59. The stock has a market cap of $3,943.99, a price-to-earnings ratio of 14.90 and a beta of 1.09. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.39.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings data on Wednesday, October 25th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.12). Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. The business had revenue of $113.20 million during the quarter, compared to analyst estimates of $113.51 million. During the same period in the previous year, the company earned $0.22 EPS. Cousins Properties’s revenue was up 132.4% on a year-over-year basis. research analysts forecast that Cousins Properties will post 0.61 EPS for the current fiscal year.

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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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