Fox Run Management L.L.C. Acquires 46,949 Shares of Cousins Properties Incorporated $CUZ

Fox Run Management L.L.C. increased its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 416.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,218 shares of the real estate investment trust’s stock after purchasing an additional 46,949 shares during the quarter. Fox Run Management L.L.C.’s holdings in Cousins Properties were worth $1,685,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. bought a new stake in shares of Cousins Properties during the third quarter valued at approximately $48,000. EverSource Wealth Advisors LLC grew its stake in Cousins Properties by 55.9% during the second quarter. EverSource Wealth Advisors LLC now owns 2,100 shares of the real estate investment trust’s stock valued at $63,000 after acquiring an additional 753 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Cousins Properties by 2,095.3% during the second quarter. Hantz Financial Services Inc. now owns 2,349 shares of the real estate investment trust’s stock valued at $71,000 after acquiring an additional 2,242 shares in the last quarter. CWM LLC increased its holdings in Cousins Properties by 29.0% in the 3rd quarter. CWM LLC now owns 3,129 shares of the real estate investment trust’s stock valued at $91,000 after acquiring an additional 703 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Cousins Properties by 9.6% in the 3rd quarter. Assetmark Inc. now owns 5,781 shares of the real estate investment trust’s stock worth $167,000 after purchasing an additional 505 shares in the last quarter. 94.38% of the stock is owned by hedge funds and other institutional investors.

Cousins Properties Stock Performance

NYSE CUZ opened at $23.05 on Wednesday. The business’s 50 day moving average price is $25.31 and its 200-day moving average price is $26.46. Cousins Properties Incorporated has a fifty-two week low of $21.03 and a fifty-two week high of $30.81. The company has a market cap of $3.87 billion, a P/E ratio of 96.05, a P/E/G ratio of 1.85 and a beta of 1.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.93 and a current ratio of 0.93.

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

Cousins Properties announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 17th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the real estate investment trust to repurchase up to 6.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Cousins Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, January 5th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, January 5th. Cousins Properties’s dividend payout ratio is 533.33%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Truist Financial cut their price objective on Cousins Properties from $30.00 to $28.00 and set a “hold” rating for the company in a research report on Monday, December 1st. Evercore restated an “outperform” rating on shares of Cousins Properties in a report on Friday, February 6th. JPMorgan Chase & Co. decreased their price objective on Cousins Properties from $37.00 to $33.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Wall Street Zen downgraded Cousins Properties from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Finally, Wells Fargo & Company reduced their price target on shares of Cousins Properties from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, November 10th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.00.

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.