Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 21,187 Shares of Cousins Properties Incorporated $CUZ

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 21.9% during the 1st quarter, HoldingsChannel reports. The fund owned 117,959 shares of the real estate investment trust’s stock after acquiring an additional 21,187 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Cousins Properties were worth $2,662,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CUZ. Farther Finance Advisors LLC grew its holdings in shares of Cousins Properties by 128.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 692 shares during the last quarter. Arax Advisory Partners purchased a new position in Cousins Properties in the 4th quarter worth $39,000. Danske Bank A S bought a new stake in Cousins Properties in the third quarter worth $52,000. Clearstead Advisors LLC lifted its stake in Cousins Properties by 176.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 1,150 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Cousins Properties by 55.9% during the second quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock valued at $63,000 after buying an additional 753 shares during the period. 94.38% of the stock is currently owned by institutional investors.

Cousins Properties Trading Up 2.4%

CUZ opened at $32.08 on Friday. Cousins Properties Incorporated has a one year low of $21.03 and a one year high of $32.14. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50 day simple moving average of $28.41 and a two-hundred day simple moving average of $25.73. The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of -1,068.81, a PEG ratio of 2.30 and a beta of 1.19.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $256.77 million. During the same quarter in the prior year, the business posted $0.74 earnings per share. Cousins Properties’s quarterly revenue 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. Analysts predict that Cousins Properties Incorporated will post 2.95 EPS for the current year.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Monday, July 6th were issued a $0.32 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.28 annualized dividend and a yield of 4.0%. Cousins Properties’s payout ratio is -4,266.67%.

Analysts Set New Price Targets

CUZ has been the topic of a number of recent research reports. Wall Street Zen raised Cousins Properties from a “strong sell” rating to a “sell” rating in a research note on Sunday, July 12th. Truist Financial increased their target price on Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a report on Friday, June 26th. Wells Fargo & Company raised their price target on Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Evercore reaffirmed an “outperform” rating and issued a $34.00 price target on shares of Cousins Properties in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 25th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.82.

Cousins Properties Profile

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.