Collaborative Fund Advisors LLC Invests $370,000 in Cousins Properties Incorporated $CUZ

Collaborative Fund Advisors LLC bought a new stake in Cousins Properties Incorporated (NYSE:CUZ) during the 1st quarter, HoldingsChannel reports. The firm bought 16,403 shares of the real estate investment trust’s stock, valued at approximately $370,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bell Investment Advisors Inc grew its holdings in shares of Cousins Properties by 2,539.5% during the third quarter. Bell Investment Advisors Inc now owns 1,003 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 965 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Cousins Properties by 128.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 692 shares in the last quarter. Arax Advisory Partners purchased a new position in Cousins Properties in the fourth quarter worth $39,000. Clearstead Advisors LLC boosted its stake 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 valued at $46,000 after acquiring an additional 1,150 shares during the last quarter. Finally, SJS Investment Consulting Inc. bought a new position in shares of Cousins Properties during the 1st quarter worth $50,000. 94.38% of the stock is currently owned by institutional investors.

Cousins Properties Trading Up 0.0%

Shares of NYSE:CUZ opened at $31.07 on Monday. The stock’s 50-day simple moving average is $27.48 and its two-hundred day simple moving average is $25.39. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of -1,035.19, a PEG ratio of 2.29 and a beta of 1.19. Cousins Properties Incorporated has a 52-week low of $21.03 and a 52-week high of $31.13.

Cousins Properties (NYSE:CUZ) last issued its quarterly earnings results 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). Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The company had revenue of $263.11 million during the quarter, compared to analysts’ expectations of $256.77 million. During the same quarter in the previous year, the company earned $0.74 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. Analysts expect that Cousins Properties Incorporated will post 2.95 EPS for the current year.

Cousins Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Monday, July 6th will be given a dividend of $0.32 per share. The ex-dividend date is Monday, July 6th. This represents a $1.28 annualized dividend and a dividend yield of 4.1%. Cousins Properties’s dividend payout ratio (DPR) is currently -4,266.67%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CUZ shares. Weiss Ratings raised shares of Cousins Properties from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 25th. Wells Fargo & Company lifted their target price on shares of Cousins Properties from $28.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Truist Financial boosted their price objective on Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a research report on Friday, June 26th. BMO Capital Markets dropped their target price on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Thursday, March 12th. Finally, Wall Street Zen raised Cousins Properties from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 13th. Six 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 stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.27.

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.