Squarepoint Ops LLC Acquires 241,401 Shares of Cousins Properties Incorporated $CUZ

Squarepoint Ops LLC boosted its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 474.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 292,324 shares of the real estate investment trust’s stock after purchasing an additional 241,401 shares during the quarter. Squarepoint Ops LLC owned about 0.18% of Cousins Properties worth $8,764,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Avalon Trust Co bought a new stake in shares of Cousins Properties in the 1st quarter worth about $39,000. Arax Advisory Partners bought a new position in shares of Cousins Properties in the 4th quarter valued at about $39,000. Clearstead Advisors LLC grew its position in 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 worth $46,000 after acquiring an additional 1,150 shares in the last quarter. Elevation Wealth Partners LLC grew its position in Cousins Properties by 92.3% in the second quarter. Elevation Wealth Partners LLC now owns 1,573 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 755 shares in the last quarter. Finally, SJS Investment Consulting Inc. bought a new stake in Cousins Properties during the first quarter worth approximately $50,000. Institutional investors own 94.38% of the company’s stock.

Cousins Properties Price Performance

CUZ opened at $27.90 on Friday. The business has a fifty day moving average of $30.23 and a 200 day moving average of $27.06. The stock has a market cap of $4.59 billion, a P/E ratio of 697.72, a PEG ratio of 1.83 and a beta of 1.17. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.83. Cousins Properties Incorporated has a 52-week low of $21.03 and a 52-week high of $32.95.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.58). The company had revenue of $268.53 million during the quarter, compared to analysts’ expectations of $263.55 million. Cousins Properties had a return on equity of 0.14% and a net margin of 0.62%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.70 EPS. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. As a group, sell-side analysts anticipate that Cousins Properties Incorporated will post 2.97 EPS for the current year.

Cousins Properties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, July 6th. Cousins Properties’s payout ratio is currently 3,200.00%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CUZ shares. Truist Financial raised their price objective on Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a research note on Friday, June 26th. Wall Street Zen raised Cousins Properties from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Evercore restated an “outperform” rating and issued a $34.00 price target on shares of Cousins Properties in a research report on Monday, July 6th. Finally, Robert W. Baird lifted their price objective on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.18.

Insider Activity

In related news, CAO Jeffrey Symes sold 6,033 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $29.44, for a total value of $177,611.52. Following the completion of the sale, the chief accounting officer owned 16,685 shares in the company, valued at approximately $491,206.40. The trade was a 26.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.81% of the company’s stock.

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.