Thrivent Financial for Lutherans Has $5.49 Million Stake in Cousins Properties Incorporated $CUZ

Thrivent Financial for Lutherans increased its stake in Cousins Properties Incorporated (NYSE:CUZFree Report) by 30.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 189,850 shares of the real estate investment trust’s stock after purchasing an additional 44,066 shares during the period. Thrivent Financial for Lutherans owned approximately 0.11% of Cousins Properties worth $5,494,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Resolution Capital Ltd boosted its position in shares of Cousins Properties by 0.6% during the second quarter. Resolution Capital Ltd now owns 5,919,230 shares of the real estate investment trust’s stock worth $177,754,000 after buying an additional 33,097 shares during the period. Jennison Associates LLC lifted its stake in Cousins Properties by 51.5% in the 2nd quarter. Jennison Associates LLC now owns 3,535,111 shares of the real estate investment trust’s stock valued at $106,159,000 after acquiring an additional 1,200,952 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in Cousins Properties by 7.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,484,297 shares of the real estate investment trust’s stock worth $100,836,000 after acquiring an additional 252,590 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Cousins Properties by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,308,911 shares of the real estate investment trust’s stock worth $99,380,000 after acquiring an additional 12,039 shares in the last quarter. Finally, Hudson Bay Capital Management LP raised its holdings in shares of Cousins Properties by 40.7% in the second quarter. Hudson Bay Capital Management LP now owns 2,759,950 shares of the real estate investment trust’s stock valued at $82,881,000 after purchasing an additional 797,822 shares during the last quarter. Institutional investors own 94.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CUZ. Mizuho set a $29.00 target price on shares of Cousins Properties and gave the stock an “outperform” rating in a report on Friday, December 12th. Evercore restated an “outperform” rating on shares of Cousins Properties in a research note on Friday. Truist Financial decreased their price objective on Cousins Properties from $30.00 to $28.00 and set a “hold” rating for the company in a report on Monday, December 1st. JPMorgan Chase & Co. dropped their target price on Cousins Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Finally, Cantor Fitzgerald set a $28.00 price target on Cousins Properties in a research report on Monday, December 1st. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Cousins Properties currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.50.

View Our Latest Stock Analysis on Cousins Properties

Cousins Properties Trading Down 1.0%

Shares of NYSE:CUZ opened at $25.67 on Friday. Cousins Properties Incorporated has a 52-week low of $24.07 and a 52-week high of $31.36. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $4.31 billion, a P/E ratio of 106.96, a price-to-earnings-growth ratio of 1.99 and a beta of 1.21. The company has a 50-day simple moving average of $25.69 and a 200 day simple moving average of $26.79.

Cousins Properties (NYSE:CUZGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The real estate investment trust reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. Cousins Properties had a return on equity of 0.84% and a net margin of 4.08%.The firm had revenue of $255.03 million for the quarter, compared to analyst estimates of $252.18 million. During the same quarter in the prior year, the company earned $0.69 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that Cousins Properties Incorporated will post 2.76 earnings per share for the current year.

Cousins Properties Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, January 5th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, January 5th. Cousins Properties’s payout ratio is 365.71%.

Key Headlines Impacting Cousins Properties

Here are the key news stories impacting Cousins Properties this week:

About Cousins Properties

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Cousins Properties (NYSE:CUZ)

Receive News & Ratings for Cousins Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cousins Properties and related companies with MarketBeat.com's FREE daily email newsletter.