Cousins Properties Incorporated $CUZ Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 6.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 402,716 shares of the real estate investment trust’s stock after acquiring an additional 24,874 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.24% of Cousins Properties worth $11,655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. B&I Capital AG bought a new stake in shares of Cousins Properties in the 2nd quarter worth approximately $6,305,000. Sumitomo Mitsui Trust Group Inc. grew its stake in Cousins Properties by 1.0% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 185,532 shares of the real estate investment trust’s stock worth $5,572,000 after buying an additional 1,779 shares during the last quarter. US Bancorp DE increased its position in Cousins Properties by 21.3% in the second quarter. US Bancorp DE now owns 26,144 shares of the real estate investment trust’s stock worth $785,000 after buying an additional 4,593 shares during the period. Sequoia Financial Advisors LLC bought a new stake in Cousins Properties in the second quarter valued at $620,000. Finally, Creative Planning boosted its holdings in shares of Cousins Properties by 24.8% during the second quarter. Creative Planning now owns 47,233 shares of the real estate investment trust’s stock valued at $1,418,000 after acquiring an additional 9,379 shares during the period. 94.38% of the stock is currently owned by institutional investors and hedge funds.

Cousins Properties Trading Down 0.1%

Cousins Properties stock opened at $26.12 on Friday. Cousins Properties Incorporated has a 12-month low of $24.07 and a 12-month high of $31.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $4.39 billion, a PE ratio of 74.64, a price-to-earnings-growth ratio of 2.01 and a beta of 1.22. The firm has a 50 day simple moving average of $25.68 and a 200-day simple moving average of $27.01.

Cousins Properties (NYSE:CUZ) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.69 EPS for the quarter, hitting the consensus estimate of $0.69. The firm had revenue of $248.33 million for the quarter, compared to analysts’ expectations of $239.70 million. Cousins Properties had a return on equity of 1.20% and a net margin of 5.98%.The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 earnings per share. Cousins Properties has set its FY 2025 guidance at 2.820-2.860 EPS. As a group, equities research analysts expect that Cousins Properties Incorporated will post 2.76 EPS for the current fiscal year.

Cousins Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, January 5th were issued a $0.32 dividend. The ex-dividend date was Monday, January 5th. This represents a $1.28 annualized dividend and a dividend yield of 4.9%. Cousins Properties’s dividend payout ratio is 365.71%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CUZ shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cousins Properties in a report on Wednesday. Wall Street Zen lowered shares of Cousins Properties from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Barclays set a $34.00 price target on Cousins Properties in a report on Tuesday, January 13th. JPMorgan Chase & Co. decreased their price objective on Cousins Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Finally, Cantor Fitzgerald set a $28.00 target price on Cousins Properties in a research note on Monday, December 1st. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.50.

Cousins Properties Profile

Cousins Properties Incorporated (NYSE: CUZ) is a publicly traded real estate investment trust (REIT) specializing in the development, acquisition and management of high-quality office and mixed-use properties. Headquartered in Atlanta, the company focuses on urban infill and suburban markets across the Sun Belt, with a strong presence in metropolitan areas such as Atlanta, Austin, Charlotte, Nashville, Orlando and Tampa. Its core activities encompass full-service property leasing, asset management and construction oversight, serving a diverse mix of corporate and institutional tenants.

Founded in 1958 as a privately held real estate concern, Cousins Properties completed its initial public offering in 1992.