Strs Ohio Grows Holdings in Cousins Properties Incorporated $CUZ

Key Points

• Strs Ohio increased its stake by 18.5%, buying an additional 74,207 shares to hold 474,976 shares (0.28% of Cousins) worth $12.245 million, while overall institutional ownership stands at 94.38% with other large increases from firms like Invesco and Hudson Bay.
• Cousins reported a quarterly loss of ($0.15) EPS—missing estimates—while revenue of $263.11 million beat expectations and rose 7.4% year-over-year; management set FY2026 guidance of 2.90–2.98 EPS, in line with analyst consensus (~2.93).
• The board approved a $250 million share buyback (up to 6.6% of shares) and pays a quarterly dividend of $0.32 (5.0% yield); the stock trades around $25.48 with a market cap of $4.19 billion and a consensus analyst target of $28.36 (Moderate Buy).

Strs Ohio grew its position in shares of Cousins Properties Incorporated (NYSE:CUZ - Free Report) by 18.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 474,976 shares of the real estate investment trust's stock after purchasing an additional 74,207 shares during the period. Strs Ohio owned 0.28% of Cousins Properties worth $12,245,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Invesco Ltd. raised its holdings in Cousins Properties by 153.2% in the 3rd quarter. Invesco Ltd. now owns 3,170,386 shares of the real estate investment trust's stock valued at $91,751,000 after acquiring an additional 1,918,393 shares during the last quarter. Woodline Partners LP acquired a new stake in shares of Cousins Properties during the third quarter worth $29,341,000. Balyasny Asset Management L.P. boosted its holdings in shares of Cousins Properties by 1,369.1% during the third quarter. Balyasny Asset Management L.P. now owns 905,831 shares of the real estate investment trust's stock worth $26,215,000 after purchasing an additional 844,171 shares during the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Cousins Properties in the third quarter valued at $19,803,000. Finally, Hudson Bay Capital Management LP increased its stake in Cousins Properties by 20.1% in the third quarter. Hudson Bay Capital Management LP now owns 3,315,646 shares of the real estate investment trust's stock valued at $95,955,000 after purchasing an additional 555,696 shares during the last quarter. 94.38% of the stock is currently owned by hedge funds and other institutional investors.

Cousins Properties Price Performance

CUZ stock opened at $25.48 on Tuesday. The company has a market cap of $4.19 billion, a PE ratio of -848.95, a price-to-earnings-growth ratio of 2.03 and a beta of 1.21. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $23.26 and a two-hundred day moving average price of $24.75. Cousins Properties Incorporated has a 12-month low of $21.03 and a 12-month high of $30.81.

Cousins Properties (NYSE:CUZ - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $263.11 million during the quarter, compared to analysts' expectations of $256.77 million. Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The business's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.74 earnings per share. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. As a group, research analysts predict that Cousins Properties Incorporated will post 2.93 EPS for the current year.

Cousins Properties declared that its board has authorized a share buyback program on Tuesday, February 17th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 6.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Cousins Properties Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, April 7th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 5.0%. The ex-dividend date was Tuesday, April 7th. Cousins Properties's payout ratio is currently -4,266.67%.

Wall Street Analysts Forecast Growth

CUZ has been the topic of several recent analyst reports. Truist Financial reduced their target price on Cousins Properties from $28.00 to $24.00 and set a "hold" rating on the stock in a research report on Tuesday, March 17th. Barclays dropped their price objective on shares of Cousins Properties from $34.00 to $28.00 and set an "overweight" rating for the company in a research note on Thursday, February 26th. Mizuho set a $27.00 target price on shares of Cousins Properties in a research report on Tuesday, February 24th. Capital One Financial set a $27.00 target price on shares of Cousins Properties in a report on Thursday, March 12th. Finally, Evercore reaffirmed an "outperform" rating and set a $28.00 price target on shares of Cousins Properties in a research report on Thursday. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $28.36.

About Cousins Properties

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.

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