Tudor Investment Corp ET AL Acquires 435,535 Shares of Cousins Properties Incorporated $CUZ

Tudor Investment Corp ET AL raised its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 1,582.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 463,057 shares of the real estate investment trust’s stock after purchasing an additional 435,535 shares during the quarter. Tudor Investment Corp ET AL owned 0.28% of Cousins Properties worth $13,401,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Bell Investment Advisors Inc lifted its holdings in shares of 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 acquiring an additional 965 shares during the last quarter. SJS Investment Consulting Inc. purchased a new stake in Cousins Properties during the third quarter valued at approximately $48,000. Danske Bank A S purchased a new stake in Cousins Properties during the third quarter valued at approximately $52,000. EverSource Wealth Advisors LLC lifted its stake in shares of 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 valued at $63,000 after purchasing an additional 753 shares during the last quarter. Finally, Quadrant Capital Group LLC bought a new stake in shares of Cousins Properties in the 3rd quarter valued at approximately $80,000. 94.38% of the stock is currently owned by institutional investors.

Cousins Properties Stock Performance

CUZ stock opened at $21.87 on Friday. Cousins Properties Incorporated has a twelve month low of $21.03 and a twelve month high of $30.81. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 91.10, a PEG ratio of 1.73 and a beta of 1.21. The business’s fifty day simple moving average is $24.36 and its two-hundred day simple moving average is $25.84. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.71.

Cousins Properties (NYSE:CUZ) last issued its earnings results on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. The firm had revenue of $255.03 million during the quarter, compared to analyst estimates of $252.18 million. Cousins Properties had a net margin of 4.08% and a return on equity of 0.85%. The business’s revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 earnings per share. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. Analysts predict that Cousins Properties Incorporated will post 2.76 earnings per share for the current year.

Cousins Properties announced that its Board of Directors has authorized a stock buyback program on Tuesday, February 17th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the real estate investment trust to purchase up to 6.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, April 7th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, April 7th. Cousins Properties’s payout ratio is currently 533.33%.

Analyst Ratings Changes

CUZ has been the topic of several analyst reports. Weiss Ratings downgraded Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 23rd. Barclays dropped their price objective on shares of Cousins Properties from $34.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday, February 26th. Capital One Financial set a $27.00 target price on shares of Cousins Properties in a research note on Thursday, March 12th. Cantor Fitzgerald set a $28.00 target price on shares of Cousins Properties in a report on Monday, December 1st. Finally, JPMorgan Chase & Co. dropped their price target on shares of Cousins Properties from $37.00 to $33.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $28.92.

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.