Landscape Capital Management L.L.C. Has $598,000 Stock Position in Cousins Properties Incorporated (NYSE:CUZ)

Landscape Capital Management L.L.C. lessened its stake in Cousins Properties Incorporated (NYSE:CUZ) by 23.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,525 shares of the real estate investment trust’s stock after selling 5,890 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Cousins Properties were worth $598,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of CUZ. Arizona State Retirement System lifted its stake in Cousins Properties by 0.8% during the 4th quarter. Arizona State Retirement System now owns 44,154 shares of the real estate investment trust’s stock valued at $1,353,000 after acquiring an additional 366 shares in the last quarter. UMB Bank n.a. boosted its holdings in Cousins Properties by 67.4% during the fourth quarter. UMB Bank n.a. now owns 981 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 395 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Cousins Properties by 2.2% in the fourth quarter. Pacer Advisors Inc. now owns 22,667 shares of the real estate investment trust’s stock valued at $695,000 after acquiring an additional 485 shares in the last quarter. Assetmark Inc. grew its stake in Cousins Properties by 15.3% in the 4th quarter. Assetmark Inc. now owns 5,995 shares of the real estate investment trust’s stock valued at $184,000 after purchasing an additional 794 shares during the period. Finally, Yousif Capital Management LLC increased its position in shares of Cousins Properties by 1.5% during the 4th quarter. Yousif Capital Management LLC now owns 56,824 shares of the real estate investment trust’s stock valued at $1,741,000 after purchasing an additional 829 shares during the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Wall Street Analysts Forecast Growth

CUZ has been the subject of several research reports. Truist Financial increased their price target on shares of Cousins Properties from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Mizuho raised shares of Cousins Properties from an “underperform” rating to a “neutral” rating and increased their target price for the company from $22.00 to $30.00 in a research report on Tuesday, January 7th. Jefferies Financial Group began coverage on shares of Cousins Properties in a report on Monday, March 17th. They issued a “buy” rating and a $35.00 price target on the stock. Robert W. Baird dropped their price objective on shares of Cousins Properties from $34.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. Finally, Barclays lowered their price target on shares of Cousins Properties from $36.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $32.89.

Cousins Properties Stock Performance

Cousins Properties stock opened at $26.01 on Monday. The firm’s 50 day simple moving average is $29.72 and its 200 day simple moving average is $30.22. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.64. Cousins Properties Incorporated has a 1-year low of $21.58 and a 1-year high of $32.55. The firm has a market capitalization of $4.37 billion, a PE ratio of 86.70, a price-to-earnings-growth ratio of 2.98 and a beta of 1.24.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings data on Thursday, February 6th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.62. Cousins Properties had a return on equity of 1.00% and a net margin of 5.36%. As a group, analysts expect that Cousins Properties Incorporated will post 2.76 earnings per share for the current fiscal year.

Cousins Properties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, April 3rd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date of this dividend is Thursday, April 3rd. Cousins Properties’s dividend payout ratio is currently 426.67%.

Cousins Properties Profile

Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets.