Dean Capital Management Acquires 23,285 Shares of Cousins Properties Incorporated $CUZ

Dean Capital Management lifted its stake in Cousins Properties Incorporated (NYSE:CUZ) by 104.3% in the 4th quarter, HoldingsChannel reports. The firm owned 45,601 shares of the real estate investment trust’s stock after acquiring an additional 23,285 shares during the period. Dean Capital Management’s holdings in Cousins Properties were worth $1,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Bell Investment Advisors Inc grew its holdings in Cousins Properties by 2,539.5% during the third 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 period. Farther Finance Advisors LLC raised its stake in shares of Cousins Properties by 128.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 692 shares during the period. Arax Advisory Partners bought a new position in shares of Cousins Properties in the fourth quarter worth about $39,000. Danske Bank A S purchased a new position in shares of Cousins Properties during the 3rd quarter valued at about $52,000. Finally, Clearstead Advisors LLC lifted its position in shares of Cousins Properties by 176.1% during the 4th 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 in the last quarter. 94.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CUZ shares. BMO Capital Markets cut their price objective on Cousins Properties from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Wall Street Zen upgraded shares of Cousins Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Weiss Ratings downgraded shares of Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 15th. Capital One Financial set a $27.00 price target on shares of Cousins Properties in a research report on Thursday, March 12th. Finally, Wells Fargo & Company increased their price objective on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.73.

Cousins Properties Price Performance

Shares of Cousins Properties stock opened at $28.29 on Friday. The stock’s 50-day simple moving average is $26.14 and its 200-day simple moving average is $25.04. Cousins Properties Incorporated has a 52 week low of $21.03 and a 52 week high of $30.79. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of -942.79, a PEG ratio of 2.05 and a beta of 1.21. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.83.

Cousins Properties (NYSE:CUZ) last released its earnings results 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 business had revenue of $263.11 million for the quarter, compared to analysts’ expectations of $256.77 million. During the same quarter in the prior year, the business posted $0.74 EPS. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. As a group, analysts expect that Cousins Properties Incorporated will post 2.93 earnings per share for the current fiscal year.

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Monday, July 6th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, July 6th. Cousins Properties’s dividend payout ratio is presently -4,266.67%.

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.