Zurcher Kantonalbank Zurich Cantonalbank increased its position in Cousins Properties Inc (NYSE:CUZ) by 10.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,362 shares of the real estate investment trust’s stock after buying an additional 3,864 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cousins Properties were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in CUZ. Prime Capital Investment Advisors LLC increased its stake in shares of Cousins Properties by 243.7% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 708 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 502 shares during the period. Orion Portfolio Solutions LLC acquired a new position in shares of Cousins Properties in the fourth quarter valued at approximately $29,000. Quadrant Capital Group LLC increased its stake in shares of Cousins Properties by 540.4% in the fourth quarter. Quadrant Capital Group LLC now owns 999 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 843 shares during the period. Verus Capital Partners LLC acquired a new position in shares of Cousins Properties in the fourth quarter valued at approximately $39,000. Finally, Capital Square LLC acquired a new stake in Cousins Properties during the 1st quarter valued at approximately $42,000. 95.14% of the stock is owned by institutional investors.

In related news, EVP Richard G. Iv Hickson acquired 2,500 shares of Cousins Properties stock in a transaction dated Monday, May 18th. The stock was bought at an average price of $25.41 per share, with a total value of $63,525.00. Company insiders own 0.67% of the company’s stock.

Shares of CUZ stock opened at $26.50 on Friday. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 3.60 and a beta of 0.97. Cousins Properties Inc has a 52 week low of $21.15 and a 52 week high of $42.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.43. The firm has a 50 day moving average of $28.91 and a 200-day moving average of $36.20.

Cousins Properties (NYSE:CUZ) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $1.18 EPS for the quarter, topping the consensus estimate of $0.70 by $0.48. The company had revenue of $189.13 million during the quarter, compared to the consensus estimate of $183.92 million. Cousins Properties had a net margin of 40.35% and a return on equity of 6.55%. The company’s quarterly revenue was up 52.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 EPS. Analysts anticipate that Cousins Properties Inc will post 2.73 earnings per share for the current year.

A number of analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of Cousins Properties from $26.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, April 3rd. ValuEngine downgraded shares of Cousins Properties from a “hold” rating to a “sell” rating in a research report on Friday, May 1st. TheStreet downgraded shares of Cousins Properties from a “b-” rating to a “c” rating in a research report on Tuesday, March 24th. Finally, Robert W. Baird increased their target price on shares of Cousins Properties from $37.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Cousins Properties presently has an average rating of “Hold” and a consensus price target of $40.25.

Cousins Properties Profile

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets.

Further Reading: Stock Symbols and CUSIP Explained

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Institutional Ownership by Quarter for Cousins Properties (NYSE:CUZ)

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