Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Holdings in Cousins Properties Incorporated $CUZ

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Cousins Properties Incorporated (NYSE:CUZ) by 21.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 117,959 shares of the real estate investment trust’s stock after purchasing an additional 21,187 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.07% of Cousins Properties worth $2,662,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CUZ. Farther Finance Advisors LLC lifted its holdings in shares of Cousins Properties by 128.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 692 shares in the last quarter. Arax Advisory Partners purchased a new position in Cousins Properties during the fourth quarter valued at approximately $39,000. Danske Bank A S bought a new stake in Cousins Properties during the 3rd quarter worth approximately $52,000. Clearstead Advisors LLC increased its holdings in Cousins Properties by 176.1% during the 4th quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,150 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Cousins Properties by 55.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 753 shares in the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Cousins Properties Price Performance

Shares of NYSE:CUZ opened at $32.08 on Friday. The company’s fifty day moving average price is $28.41 and its 200-day moving average price is $25.73. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of -1,068.81, a PEG ratio of 2.30 and a beta of 1.19. Cousins Properties Incorporated has a one year low of $21.03 and a one year high of $32.14. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.21 and a quick ratio of 1.21.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.21). Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. The company had revenue of $263.11 million for the quarter, compared to analysts’ expectations of $256.77 million. During the same quarter last year, the business posted $0.74 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. On average, equities research analysts anticipate that Cousins Properties Incorporated will post 2.95 earnings per share for the current fiscal year.

Cousins Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Monday, July 6th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.28 annualized dividend and a yield of 4.0%. Cousins Properties’s payout ratio is -4,266.67%.

Analyst Upgrades and Downgrades

Several brokerages have commented on CUZ. Weiss Ratings raised shares of Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Evercore reaffirmed an “outperform” rating and issued a $34.00 price target on shares of Cousins Properties in a report on Monday, July 6th. Truist Financial increased their price objective on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a research report on Friday, June 26th. Wells Fargo & Company lifted their price objective on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, Wall Street Zen upgraded Cousins Properties from a “strong sell” rating to a “sell” rating in a research report on Sunday, July 12th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $29.82.

About Cousins Properties

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.