WINTON GROUP Ltd Sells 93,187 Shares of Cousins Properties Incorporated $CUZ

WINTON GROUP Ltd reduced its stake in shares of Cousins Properties Incorporated (NYSE:CUZ) by 31.4% during the 2nd quarter, HoldingsChannel reports. The fund owned 203,461 shares of the real estate investment trust’s stock after selling 93,187 shares during the period. WINTON GROUP Ltd’s holdings in Cousins Properties were worth $6,100,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CUZ. Resolution Capital Ltd increased its position in shares of Cousins Properties by 0.6% during the 2nd 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 last quarter. Centersquare Investment Management LLC increased its position in Cousins Properties by 3.2% during the fourth quarter. Centersquare Investment Management LLC now owns 5,847,176 shares of the real estate investment trust’s stock valued at $150,740,000 after acquiring an additional 179,036 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Cousins Properties by 2,705.9% in the second quarter. California State Teachers Retirement System now owns 5,682,769 shares of the real estate investment trust’s stock valued at $170,369,000 after acquiring an additional 5,480,239 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Cousins Properties by 308.9% in the fourth quarter. Alyeska Investment Group L.P. now owns 5,175,415 shares of the real estate investment trust’s stock valued at $133,422,000 after acquiring an additional 3,909,740 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Cousins Properties by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 3,448,764 shares of the real estate investment trust’s stock worth $88,924,000 after acquiring an additional 47,633 shares during the last quarter. 94.38% of the stock is currently owned by hedge funds and other institutional investors.

Cousins Properties Trading Up 0.0%

CUZ stock opened at $27.90 on Friday. The company has a market capitalization of $4.59 billion, a PE ratio of 697.72, a P/E/G ratio of 1.83 and a beta of 1.17. Cousins Properties Incorporated has a 12 month low of $21.03 and a 12 month high of $32.95. The firm’s 50-day moving average is $30.23 and its 200 day moving average is $27.06. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.01 and a quick ratio of 1.01.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.58). The firm had revenue of $268.53 million for the quarter, compared to analysts’ expectations of $263.55 million. Cousins Properties had a return on equity of 0.14% and a net margin of 0.62%.The company’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. On average, research analysts anticipate that Cousins Properties Incorporated will post 2.97 EPS for the current year.

Cousins Properties Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Shareholders of record on Monday, July 6th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, July 6th. Cousins Properties’s dividend payout ratio is presently 3,200.00%.

Insider Activity at Cousins Properties

In related news, CAO Jeffrey Symes sold 6,033 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $29.44, for a total transaction of $177,611.52. Following the completion of the sale, the chief accounting officer owned 16,685 shares of the company’s stock, valued at $491,206.40. This represents a 26.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CUZ. 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 report on Monday, June 1st. Evercore restated an “outperform” rating and set a $34.00 target price on shares of Cousins Properties in a research report on Monday, July 6th. Weiss Ratings raised Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Truist Financial increased their price target on Cousins Properties from $24.00 to $30.00 and gave the stock a “hold” rating in a report on Friday, June 26th. Finally, Wall Street Zen raised Cousins Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cousins Properties currently has an average rating of “Moderate Buy” and an average target price of $31.18.

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.