Cousins Properties Inc (NYSE:CUZ) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 21,109,814 shares, a decline of 18.5% from the January 12th total of 25,915,935 shares. Approximately 5.1% of the company’s stock are sold short. Based on an average daily volume of 2,748,225 shares, the short-interest ratio is presently 7.7 days.

In other Cousins Properties news, insider S Taylor Glover sold 74,351 shares of Cousins Properties 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 sale, the insider now directly owns 485,284 shares of the company’s stock, valued at $4,566,522.44. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.14% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Macquarie Group Ltd. grew its holdings in shares of Cousins Properties by 1.9% during the second quarter. Macquarie Group Ltd. now owns 172,360 shares of the real estate investment trust’s stock valued at $1,515,000 after buying an additional 3,250 shares during the last quarter. Advisor Group Inc. grew its holdings in shares of Cousins Properties by 40.3% during the second quarter. Advisor Group Inc. now owns 14,567 shares of the real estate investment trust’s stock valued at $128,000 after buying an additional 4,183 shares during the last quarter. OppenheimerFunds Inc. grew its holdings in shares of Cousins Properties by 14.1% during the fourth quarter. OppenheimerFunds Inc. now owns 48,525 shares of the real estate investment trust’s stock valued at $449,000 after buying an additional 6,014 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Cousins Properties by 21.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,061 shares of the real estate investment trust’s stock valued at $334,000 after buying an additional 6,359 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of Cousins Properties by 9.2% during the fourth quarter. Teachers Retirement System of The State of Kentucky now owns 100,020 shares of the real estate investment trust’s stock valued at $925,000 after buying an additional 8,400 shares during the last quarter.

CUZ has been the subject of several research analyst reports. SunTrust Banks set a $10.00 price target on shares of Cousins Properties and gave the company a “buy” rating in a research note on Wednesday. Bank of America raised 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 note on Monday, December 4th. Zacks Investment Research raised shares of Cousins Properties from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, ValuEngine downgraded shares of Cousins Properties from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Cousins Properties currently has an average rating of “Buy” and an average target price of $10.10.

Shares of Cousins Properties (NYSE CUZ) opened at $8.43 on Thursday. Cousins Properties has a 52 week low of $7.81 and a 52 week high of $9.63. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.39. The firm has a market cap of $3,540.00, a price-to-earnings ratio of 16.53 and a beta of 1.14.

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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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