Cousins Properties Inc. (NYSE:CUZ) reached a new 52-week high on Friday . The stock traded as high as $11.13 and last traded at $11.10, with a volume of 432,374 shares. The stock had previously closed at $11.05.

Several research firms have recently weighed in on CUZ. Zacks Investment Research upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research report on Thursday, May 26th. TheStreet upgraded shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Tuesday, April 19th.

The company has a 50 day moving average price of $10.59 and a 200-day moving average price of $9.88. The company has a market capitalization of $2.33 billion and a price-to-earnings ratio of 17.01.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings results on Wednesday, May 4th. The real estate investment trust reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.01. The business had revenue of $91.30 million for the quarter, compared to analyst estimates of $91.81 million. Cousins Properties’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. On average, equities analysts predict that Cousins Properties Inc. will post $0.83 EPS for the current fiscal year.

Several large investors have made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Cousins Properties by 4.4% in the fourth quarter. Vanguard Group Inc. now owns 30,843,409 shares of the real estate investment trust’s stock worth $290,854,000 after buying an additional 1,288,140 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Cousins Properties by 4.8% in the fourth quarter. Principal Financial Group Inc. now owns 1,388,459 shares of the real estate investment trust’s stock worth $13,093,000 after buying an additional 63,664 shares during the last quarter. Waterfront Capital Partners LLC acquired a new stake in shares of Cousins Properties during the fourth quarter worth $6,931,000. Nationwide Fund Advisors raised its stake in shares of Cousins Properties by 57.3% in the fourth quarter. Nationwide Fund Advisors now owns 565,669 shares of the real estate investment trust’s stock worth $5,334,000 after buying an additional 205,964 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its stake in shares of Cousins Properties by 1.1% in the fourth quarter. Teacher Retirement System of Texas now owns 471,248 shares of the real estate investment trust’s stock worth $4,444,000 after buying an additional 5,212 shares during the last quarter.

Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). The Company focuses on development, acquisition, leasing and property management. The Company’s investment strategy is to purchase Class A office assets or locate opportunistic development or redevelopment projects in its core markets to which it can add value through relationships, capital, or market expertise.

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