17,886 Shares in Cousins Properties Incorporated $CUZ Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new position in shares of Cousins Properties Incorporated (NYSE:CUZ) during the 1st quarter, Holdings Channel.com reports. The fund purchased 17,886 shares of the real estate investment trust’s stock, valued at approximately $404,000.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its position in shares of Cousins Properties by 3.4% in the 4th quarter. Principal Financial Group Inc. now owns 12,890,208 shares of the real estate investment trust’s stock valued at $332,310,000 after acquiring an additional 419,911 shares during the period. Resolution Capital Ltd raised its holdings in shares of Cousins Properties by 0.6% in 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 period. Centersquare Investment Management LLC lifted its stake in Cousins Properties by 3.2% in the 4th 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 purchasing an additional 179,036 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in Cousins Properties by 308.9% in the 4th 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 purchasing an additional 3,909,740 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Cousins Properties by 1.4% during the fourth quarter. Geode Capital Management LLC now owns 3,448,764 shares of the real estate investment trust’s stock worth $88,924,000 after purchasing an additional 47,633 shares during the period. Institutional investors and hedge funds own 94.38% of the company’s stock.

Analyst Upgrades and Downgrades

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

Cousins Properties Stock Performance

Shares of CUZ stock opened at $32.08 on Friday. Cousins Properties Incorporated has a 52 week low of $21.03 and a 52 week high of $32.14. The company 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. The company has a 50-day simple moving average of $28.41 and a 200 day simple moving average of $25.73. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.21.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.21). The company had revenue of $263.11 million during the quarter, compared to the consensus estimate of $256.77 million. Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 earnings per share. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. On average, sell-side analysts predict that Cousins Properties Incorporated will post 2.95 earnings per share for the current year.

Cousins Properties Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, July 6th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.0%. Cousins Properties’s dividend payout ratio (DPR) is -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.