Tudor Investment Corp ET AL Increases Stake in Cousins Properties Incorporated $CUZ

Tudor Investment Corp ET AL lifted its position in Cousins Properties Incorporated (NYSE:CUZ) by 1,582.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 463,057 shares of the real estate investment trust’s stock after buying an additional 435,535 shares during the period. Tudor Investment Corp ET AL’s holdings in Cousins Properties were worth $13,401,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc grew its holdings in Cousins Properties by 2,539.5% during the 3rd quarter. Bell Investment Advisors Inc now owns 1,003 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 965 shares in the last quarter. SJS Investment Consulting Inc. bought a new stake in shares of Cousins Properties in the 3rd quarter valued at about $48,000. Danske Bank A S bought a new stake in shares of Cousins Properties in the 3rd quarter valued at about $52,000. EverSource Wealth Advisors LLC lifted its position in shares of Cousins Properties by 55.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock worth $63,000 after purchasing an additional 753 shares during the period. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Cousins Properties in the 3rd quarter worth approximately $80,000. 94.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. BMO Capital Markets cut their price objective on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, March 12th. Barclays lowered their target price on Cousins Properties from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Weiss Ratings downgraded Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, February 23rd. Evercore reissued an “outperform” rating on shares of Cousins Properties in a research report on Friday, February 6th. Finally, Truist Financial decreased their price objective on Cousins Properties from $28.00 to $24.00 and set a “hold” rating for the company in a research note on Tuesday, March 17th. Seven 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’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $28.92.

Cousins Properties Stock Performance

CUZ opened at $21.87 on Friday. The company has a market cap of $3.63 billion, a P/E ratio of 91.10, a price-to-earnings-growth ratio of 1.73 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. The firm’s 50-day moving average price is $24.36 and its 200-day moving average price is $25.84. Cousins Properties Incorporated has a 52-week low of $21.03 and a 52-week high of $30.81.

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

Cousins Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, April 7th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Tuesday, April 7th. Cousins Properties’s payout ratio is presently 533.33%.

Cousins Properties declared that its board has initiated a stock repurchase plan on Tuesday, February 17th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to purchase up to 6.6% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Cousins Properties Company 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.