Register Financial Advisors LLC Has $2.13 Million Holdings in Cousins Properties Incorporated $CUZ

Register Financial Advisors LLC lifted its stake in shares of Cousins Properties Incorporated (NYSE:CUZFree Report) by 109.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 82,572 shares of the real estate investment trust’s stock after buying an additional 43,228 shares during the period. Register Financial Advisors LLC’s holdings in Cousins Properties were worth $2,129,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Resolution Capital Ltd increased its holdings in Cousins Properties by 0.6% in the second quarter. Resolution Capital Ltd now owns 5,919,230 shares of the real estate investment trust’s stock valued at $177,754,000 after purchasing an additional 33,097 shares during the period. Centersquare Investment Management LLC increased its holdings in Cousins Properties by 2.4% in the third quarter. Centersquare Investment Management LLC now owns 5,668,140 shares of the real estate investment trust’s stock valued at $164,036,000 after purchasing an additional 132,479 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Cousins Properties by 7.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,484,297 shares of the real estate investment trust’s stock valued at $100,836,000 after purchasing an additional 252,590 shares during the period. Hudson Bay Capital Management LP increased its holdings in Cousins Properties by 20.1% in the third quarter. Hudson Bay Capital Management LP now owns 3,315,646 shares of the real estate investment trust’s stock valued at $95,955,000 after purchasing an additional 555,696 shares during the period. Finally, Invesco Ltd. increased its holdings in Cousins Properties by 153.2% in the third quarter. Invesco Ltd. now owns 3,170,386 shares of the real estate investment trust’s stock valued at $91,751,000 after purchasing an additional 1,918,393 shares during the period. 94.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CUZ has been the subject of a number of recent research reports. BMO Capital Markets decreased their price objective on Cousins Properties from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Evercore restated an “outperform” rating on shares of Cousins Properties in a report on Friday, February 6th. Mizuho set a $27.00 price objective on Cousins Properties in a report on Tuesday, February 24th. Capital One Financial set a $27.00 price objective on Cousins Properties in a report on Thursday, March 12th. Finally, Barclays decreased their price objective on Cousins Properties from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $28.73.

Read Our Latest Stock Report on Cousins Properties

Cousins Properties Stock Performance

Shares of CUZ opened at $22.47 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $3.73 billion, a P/E ratio of 93.63, a price-to-earnings-growth ratio of 1.78 and a beta of 1.18. The firm’s fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $25.27. Cousins Properties Incorporated has a 12 month low of $21.03 and a 12 month high of $30.81.

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

Cousins Properties declared that its Board of Directors has authorized a stock buyback plan on Tuesday, February 17th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to buy up to 6.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Cousins Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, April 7th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Tuesday, April 7th. Cousins Properties’s dividend payout ratio is 533.33%.

Cousins Properties Profile

(Free Report)

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.

See Also

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

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