Comerica Bank grew its position in Cousins Properties Inc (NYSE:CUZ) by 59.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 516,879 shares of the real estate investment trust’s stock after acquiring an additional 192,244 shares during the quarter. Comerica Bank’s holdings in Cousins Properties were worth $4,740,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of CUZ. California State Teachers Retirement System raised its position in shares of Cousins Properties by 4.0% during the 2nd quarter. California State Teachers Retirement System now owns 741,020 shares of the real estate investment trust’s stock worth $6,514,000 after purchasing an additional 28,389 shares during the last quarter. Advisor Group Inc. raised its position in shares of Cousins Properties by 40.3% during the 2nd quarter. Advisor Group Inc. now owns 14,567 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 4,183 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Cousins Properties by 8.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 923,372 shares of the real estate investment trust’s stock worth $8,117,000 after purchasing an additional 68,937 shares during the last quarter. Honeywell International Inc. acquired a new position in shares of Cousins Properties during the 3rd quarter worth about $606,000. Finally, Scout Investments Inc. raised its position in shares of Cousins Properties by 66.9% during the 3rd quarter. Scout Investments Inc. now owns 2,623,707 shares of the real estate investment trust’s stock worth $24,505,000 after purchasing an additional 1,051,965 shares during the last quarter.

Several research analysts recently weighed in on CUZ shares. SunTrust Banks set a $10.00 price target on shares of Cousins Properties and gave the stock a “buy” rating in a research report on Wednesday. Bank of America upgraded shares of Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Monday, December 4th. Zacks Investment Research upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, ValuEngine downgraded shares of Cousins Properties from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $10.10.

Cousins Properties Inc (NYSE:CUZ) opened at $8.43 on Thursday. Cousins Properties Inc has a 1 year low of $7.81 and a 1 year high of $9.63. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.02 and a current ratio of 2.02. The firm has a market cap of $3,540.00, a PE ratio of 16.53 and a beta of 1.14.

In other Cousins Properties news, insider S Taylor Glover sold 74,351 shares of the stock in a transaction dated 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 sale, the insider now owns 485,284 shares in the company, valued at approximately $4,566,522.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.14% of the stock is owned by corporate insiders.

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About Cousins Properties

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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Institutional Ownership by Quarter for Cousins Properties (NYSE:CUZ)

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