1 week Ago By ABMN Staff
Barclays PLC raised its holdings in shares of Cousins Properties Incorporated ( NYSE:CUZ – Free Report ) by 65.8% during the 4th quarter, Holdings Channel.com reports.
The firm owned 147,146 shares of the real estate investment trust’s stock after acquiring an additional 58,419 shares during the quarter. Barclays PLC’s holdings in Cousins Properties were worth $4,509,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CUZ.
Norges Bank purchased a new stake in shares of Cousins Properties during the 4th quarter valued at approximately $57,194,000. Principal Financial Group Inc. lifted its position in shares of Cousins Properties by 11.
1% during the fourth quarter. Principal Financial Group Inc. now owns 13,491,300 shares of the real estate investment trust’s stock worth $413,375,000 after acquiring an additional 1,350,352 shares in the last quarter.
Vanguard Group Inc. boosted its holdings in shares of Cousins Properties by 4.1% in the fourth quarter.
Vanguard Group Inc. now owns 24,802,104 shares of the real estate investment trust’s stock worth $759,936,000 after acquiring an additional 985,934 shares during the period. Raymond James Financial Inc.
purchased a new position in shares of Cousins Properties in the fourth quarter valued at $25,148,000. Finally, ExodusPoint Capital Management LP raised its stake in shares of Cousins Properties by 181.1% during the 4th quarter.
ExodusPoint Capital Management LP now owns 1,170,067 shares of the real estate investment trust’s stock valued at $35,851,000 after purchasing an additional 753,757 shares during the period. Institutional investors own 94.38% of the company’s stock.
Cousins Properties Stock Up 0.2 % Shares of NYSE CUZ opened at $27.73 on Monday.
The stock has a market capitalization of $4.66 billion, a P/E ratio of 92.43, a PEG ratio of 2.
98 and a beta of 1.24. Cousins Properties Incorporated has a one year low of $22.
01 and a one year high of $32.55. The firm’s 50 day simple moving average is $28.
44 and its two-hundred day simple moving average is $29.89. The company has a debt-to-equity ratio of 0.
64, a current ratio of 0.74 and a quick ratio of 0.74.
Cousins Properties Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, April 3rd were given a dividend of $0.32 per share.
The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $1.28 annualized dividend and a yield of 4.
62%. Cousins Properties’s payout ratio is 426.67%.
Analyst Upgrades and Downgrades CUZ has been the topic of several analyst reports. StockNews.com cut Cousins Properties from a “hold” rating to a “sell” rating in a research report on Wednesday, April 9th.
Mizuho upgraded shares of Cousins Properties from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $22.00 to $30.00 in a research note on Tuesday, January 7th.
Barclays reduced their price target on shares of Cousins Properties from $36.00 to $35.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd.
Jefferies Financial Group initiated coverage on Cousins Properties in a research report on Monday, March 17th. They issued a “buy” rating and a $35.00 price objective on the stock.
Finally, Wolfe Research upgraded Cousins Properties from a “peer perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research report on Monday, April 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock.
Based on data from MarketBeat, Cousins Properties has a consensus rating of “Moderate Buy” and a consensus target price of $32.70. Get Our Latest Report on Cousins Properties Cousins Properties Profile ( Free Report ) Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT).
The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets. Recommended Stories Want to see what other hedge funds are holding CUZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cousins Properties Incorporated ( NYSE:CUZ – Free Report ).
Receive News & Ratings for Cousins Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cousins Properties and related companies with MarketBeat.com's FREE daily email newsletter ..
