Hsbc Holdings PLC Acquires 96,808 Shares of Cousins Properties Incorporated $CUZ

Hsbc Holdings PLC boosted its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 13.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 795,843 shares of the real estate investment trust’s stock after purchasing an additional 96,808 shares during the period. Hsbc Holdings PLC’s holdings in Cousins Properties were worth $20,520,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CUZ. Bell Investment Advisors Inc boosted its stake in Cousins Properties by 2,539.5% in the third quarter. Bell Investment Advisors Inc now owns 1,003 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 965 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of Cousins Properties by 128.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 692 shares in the last quarter. Arax Advisory Partners acquired a new position in Cousins Properties during the 4th quarter worth about $39,000. Clearstead Advisors LLC grew its holdings in Cousins Properties by 176.1% during the 4th quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,150 shares during the last quarter. Finally, Danske Bank A S bought a new stake in Cousins Properties during the 3rd quarter worth about $52,000. Institutional investors own 94.38% of the company’s stock.

Cousins Properties Stock Performance

Cousins Properties stock opened at $28.64 on Thursday. The company has a market cap of $4.71 billion, a PE ratio of -954.52, a PEG ratio of 2.14 and a beta of 1.21. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. Cousins Properties Incorporated has a 1 year low of $21.03 and a 1 year high of $30.57. The company’s 50-day moving average is $26.61 and its two-hundred day moving average is $25.13.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.21). The business had revenue of $263.11 million for the quarter, compared to analyst estimates of $256.77 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.74 EPS. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. Equities analysts anticipate that Cousins Properties Incorporated will post 2.93 earnings per share for the current year.

Cousins Properties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Monday, July 6th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, July 6th. Cousins Properties’s payout ratio is currently -4,266.67%.

Analysts Set New Price Targets

CUZ has been the subject of a number of research analyst reports. BMO Capital Markets dropped their target price on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Weiss Ratings lowered shares of Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 15th. Capital One Financial set a $27.00 price objective on shares of Cousins Properties in a research report on Thursday, March 12th. Barclays reduced their price objective on Cousins Properties from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, Evercore reissued an “outperform” rating on shares of Cousins Properties in a research note on Monday, June 8th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Cousins Properties has a consensus rating of “Moderate Buy” and a consensus price target of $28.73.

Cousins Properties Profile

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.