California State Teachers Retirement System Buys 44,102 Shares of Cousins Properties Incorporated $CUZ

California State Teachers Retirement System boosted its position in shares of Cousins Properties Incorporated (NYSE:CUZ) by 27.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 202,530 shares of the real estate investment trust’s stock after acquiring an additional 44,102 shares during the period. California State Teachers Retirement System’s holdings in Cousins Properties were worth $4,571,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in CUZ. Sanctuary Advisors LLC increased its position in Cousins Properties by 1.6% during the fourth quarter. Sanctuary Advisors LLC now owns 30,730 shares of the real estate investment trust’s stock worth $792,000 after acquiring an additional 483 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Cousins Properties by 25.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,634 shares of the real estate investment trust’s stock worth $68,000 after purchasing an additional 526 shares during the last quarter. Polymer Capital Management US LLC raised its stake in shares of Cousins Properties by 4.8% in the third quarter. Polymer Capital Management US LLC now owns 13,889 shares of the real estate investment trust’s stock valued at $402,000 after acquiring an additional 634 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in Cousins Properties by 0.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 183,511 shares of the real estate investment trust’s stock worth $4,142,000 after purchasing an additional 666 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Cousins Properties by 128.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 692 shares in the last quarter. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Analysts Set New Price Targets

CUZ has been the topic of a number of analyst reports. Truist Financial increased their price target 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 upgraded shares of Cousins Properties from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Mizuho increased their price target on shares of Cousins Properties from $27.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Barclays increased their price target on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Finally, Evercore reissued an “outperform” rating and set a $34.00 price target on shares of Cousins Properties in a report on Monday, July 6th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.91.

Cousins Properties Stock Down 0.6%

Shares of NYSE:CUZ opened at $29.64 on Friday. Cousins Properties Incorporated has a 12-month low of $21.03 and a 12-month high of $32.95. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.83. The firm has a market cap of $4.88 billion, a P/E ratio of 741.16, a P/E/G ratio of 2.18 and a beta of 1.18. The business has a fifty day simple moving average of $29.99 and a 200 day simple moving average of $26.31.

Cousins Properties (NYSE:CUZ) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.58). Cousins Properties had a net margin of 0.62% and a return on equity of 0.14%. The business had revenue of $268.53 million during the quarter, compared to analyst estimates of $263.55 million. During the same period in the prior year, the firm earned $0.70 earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.920-2.980 EPS. Analysts predict that Cousins Properties Incorporated will post 2.96 earnings per share for the current year.

Cousins Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Monday, July 6th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, July 6th. Cousins Properties’s payout ratio is presently 3,200.00%.

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.