B&I Capital AG Decreases Stake in Cousins Properties Incorporated $CUZ

B&I Capital AG cut its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 21.2% during the first quarter, HoldingsChannel.com reports. The fund owned 162,830 shares of the real estate investment trust’s stock after selling 43,900 shares during the period. Cousins Properties accounts for about 1.2% of B&I Capital AG’s holdings, making the stock its 22nd largest holding. B&I Capital AG’s holdings in Cousins Properties were worth $3,675,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Farther Finance Advisors LLC raised its holdings in Cousins Properties by 128.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 692 shares during the last quarter. Avalon Trust Co acquired a new position in shares of Cousins Properties during the 1st quarter worth approximately $39,000. Arax Advisory Partners acquired a new position in shares of Cousins Properties during the 4th quarter worth approximately $39,000. Clearstead Advisors LLC grew its position in shares of Cousins Properties by 176.1% in the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,150 shares in the last quarter. Finally, SJS Investment Consulting Inc. purchased a new stake in shares of Cousins Properties in the first quarter valued at approximately $50,000. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Wall Street Analyst Weigh In

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

Cousins Properties Stock Up 2.4%

Shares of NYSE CUZ opened at $32.08 on Friday. 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 market capitalization of $5.28 billion, a P/E ratio of -1,068.81, a P/E/G ratio of 2.30 and a beta of 1.19. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.21 and a quick ratio of 1.21. Cousins Properties Incorporated has a 1 year low of $21.03 and a 1 year high of $32.14.

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

Cousins Properties Dividend Announcement

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