Register Financial Advisors LLC Purchases 43,228 Shares of Cousins Properties Incorporated $CUZ

Register Financial Advisors LLC grew its position in shares of Cousins Properties Incorporated (NYSE:CUZ) by 109.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 82,572 shares of the real estate investment trust’s stock after buying an additional 43,228 shares during the quarter. Register Financial Advisors LLC’s holdings in Cousins Properties were worth $2,129,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Aaron Wealth Advisors LLC increased its stake in shares of Cousins Properties by 9.0% during the 4th quarter. Aaron Wealth Advisors LLC now owns 14,568 shares of the real estate investment trust’s stock worth $376,000 after purchasing an additional 1,202 shares during the last quarter. Aberdeen Group plc increased its stake in shares of Cousins Properties by 10.3% during the 4th quarter. Aberdeen Group plc now owns 78,255 shares of the real estate investment trust’s stock worth $2,017,000 after purchasing an additional 7,332 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Cousins Properties during the 4th quarter worth approximately $80,000. Capital Investment Advisors LLC increased its stake in shares of Cousins Properties by 3.2% during the 4th quarter. Capital Investment Advisors LLC now owns 420,261 shares of the real estate investment trust’s stock worth $10,834,000 after purchasing an additional 13,024 shares during the last quarter. Finally, Pensionfund Sabic purchased a new stake in shares of Cousins Properties during the 4th quarter worth approximately $603,000. Institutional investors own 94.38% of the company’s stock.

Analyst Upgrades and Downgrades

CUZ has been the subject of several recent research reports. Robert W. Baird set a $33.00 price objective on Cousins Properties in a report on Wednesday, February 25th. 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 report on Tuesday, March 17th. Barclays decreased their price objective on Cousins Properties from $34.00 to $28.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Capital One Financial set a $27.00 price objective on Cousins Properties in a report on Thursday, March 12th. Finally, Weiss Ratings lowered shares of Cousins Properties from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. 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 stock. According to MarketBeat, Cousins Properties presently has an average rating of “Moderate Buy” and a consensus price target of $28.73.

Cousins Properties Stock Up 0.0%

CUZ opened at $22.47 on Tuesday. The company has a fifty day moving average price of $23.41 and a 200-day moving average price of $25.27. The firm has a market capitalization of $3.73 billion, a P/E ratio of 93.63, a price-to-earnings-growth ratio of 1.78 and a beta of 1.18. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.93. Cousins Properties Incorporated has a one year low of $21.03 and a one year high of $30.81.

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

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, April 7th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.7%. The ex-dividend date is Tuesday, April 7th. Cousins Properties’s dividend payout ratio is presently 533.33%.

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

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.