Strs Ohio Cuts Stock Holdings in Cousins Properties Incorporated $CUZ

Strs Ohio lowered its position in shares of Cousins Properties Incorporated (NYSE:CUZ) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 444,370 shares of the real estate investment trust’s stock after selling 30,606 shares during the quarter. Strs Ohio owned approximately 0.27% of Cousins Properties worth $10,029,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bell Investment Advisors Inc raised its stake in Cousins Properties by 2,539.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 1,003 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 965 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Cousins Properties by 128.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 692 shares during the last quarter. Arax Advisory Partners purchased a new stake in shares of Cousins Properties during the fourth quarter worth $39,000. Danske Bank A S purchased a new stake in shares of Cousins Properties during the third quarter worth $52,000. Finally, Clearstead Advisors LLC raised its position in shares of Cousins Properties by 176.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock valued at $46,000 after buying an additional 1,150 shares during the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Cousins Properties Trading Up 0.0%

Shares of CUZ stock opened at $31.07 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. Cousins Properties Incorporated has a twelve month low of $21.03 and a twelve month high of $31.13. The company’s 50-day moving average price is $27.48 and its 200-day moving average price is $25.39. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of -1,035.19, a PEG ratio of 2.29 and a beta of 1.19.

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

Cousins Properties Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Stockholders of record on Monday, July 6th will be issued a dividend of $0.32 per share. The ex-dividend date is Monday, July 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.1%. Cousins Properties’s dividend payout ratio (DPR) is currently -4,266.67%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CUZ shares. Wall Street Zen raised shares of Cousins Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Capital One Financial set a $27.00 price objective on shares of Cousins Properties in a report on Thursday, March 12th. Weiss Ratings raised shares of Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Wells Fargo & Company boosted their target price on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, BMO Capital Markets dropped their price target on Cousins Properties from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Cousins Properties has an average rating of “Moderate Buy” and an average price target of $29.27.

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.