Pensionfund Sabic Takes Position in Cousins Properties Incorporated $CUZ

Pensionfund Sabic acquired a new position in Cousins Properties Incorporated (NYSE:CUZ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 23,400 shares of the real estate investment trust’s stock, valued at approximately $603,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Centersquare Investment Management LLC increased its holdings in shares of Cousins Properties by 2.4% during the 3rd quarter. Centersquare Investment Management LLC now owns 5,668,140 shares of the real estate investment trust’s stock worth $164,036,000 after purchasing an additional 132,479 shares during the period. B&I Capital AG bought a new stake in shares of Cousins Properties in the second quarter valued at about $6,305,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Cousins Properties in the third quarter valued at about $3,501,000. Tudor Investment Corp ET AL grew its position in Cousins Properties by 1,582.5% during the third quarter. Tudor Investment Corp ET AL now owns 463,057 shares of the real estate investment trust’s stock worth $13,401,000 after buying an additional 435,535 shares in the last quarter. Finally, Creative Planning grew its position in Cousins Properties by 24.8% during the second quarter. Creative Planning now owns 47,233 shares of the real estate investment trust’s stock worth $1,418,000 after buying an additional 9,379 shares in the last quarter. Institutional investors own 94.38% of the company’s stock.

Analyst Ratings Changes

CUZ has been the subject of several recent research reports. Mizuho set a $27.00 price target on Cousins Properties in a report on Tuesday, February 24th. Robert W. Baird set a $33.00 price objective on Cousins Properties in a report on Wednesday, February 25th. Weiss Ratings lowered Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. Evercore reaffirmed an “outperform” rating on shares of Cousins Properties in a research report on Friday, February 6th. Finally, BMO Capital Markets decreased their price target on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Thursday, March 12th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.92.

Cousins Properties Stock Performance

NYSE:CUZ opened at $22.05 on Thursday. The firm has a market capitalization of $3.66 billion, a PE ratio of 91.88, a price-to-earnings-growth ratio of 1.74 and a beta of 1.21. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. Cousins Properties Incorporated has a 12-month low of $21.03 and a 12-month high of $30.81. The firm has a 50-day moving average price of $24.10 and a 200 day moving average price of $25.69.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.71. Cousins Properties had a return on equity of 0.85% and a net margin of 4.08%.The company had revenue of $255.03 million for the quarter, compared to the consensus estimate of $252.18 million. During the same period in the previous year, the business earned $0.69 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Cousins Properties has set its FY 2026 guidance at 2.870-2.970 EPS. Research analysts anticipate that Cousins Properties Incorporated will post 2.76 earnings per share for the current fiscal year.

Cousins Properties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, April 7th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $1.28 annualized dividend and a yield of 5.8%. Cousins Properties’s payout ratio is currently 533.33%.

Cousins Properties declared that its board has initiated a stock repurchase program on Tuesday, February 17th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the real estate investment trust to repurchase up to 6.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

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.