WINTON GROUP Ltd Sells 93,187 Shares of Cousins Properties Incorporated $CUZ

Key Points

• WINTON GROUP Ltd. cut its Cousins Properties stake by 31.4%, selling 93,187 shares and retaining 203,461 shares worth approximately $6.1 million. Institutional investors collectively own 94.38% of CUZ.
• Cousins Properties reported quarterly EPS of $0.16, below the $0.74 analyst estimate, while revenue rose 11.8% year over year to $268.53 million. The company maintained a $0.32 quarterly dividend, equivalent to a 4.6% yield.
• Analyst sentiment remains positive, with seven Buy ratings and three Holds; the stock has a “Moderate Buy” consensus and an average price target of $31.18, compared with a recent share price of $27.90.

WINTON GROUP Ltd lowered its position in shares of Cousins Properties Incorporated (NYSE:CUZ - Free Report) by 31.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 203,461 shares of the real estate investment trust's stock after selling 93,187 shares during the quarter. WINTON GROUP Ltd owned about 0.12% of Cousins Properties worth $6,100,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System increased its stake in shares of Cousins Properties by 2,705.9% in the 2nd quarter. California State Teachers Retirement System now owns 5,682,769 shares of the real estate investment trust's stock worth $170,369,000 after acquiring an additional 5,480,239 shares in the last quarter. Alyeska Investment Group L.P. boosted its stake in Cousins Properties by 308.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 5,175,415 shares of the real estate investment trust's stock worth $133,422,000 after acquiring an additional 3,909,740 shares in the last quarter. Norges Bank bought a new stake in Cousins Properties during the fourth quarter worth about $53,063,000. Invesco Ltd. grew its holdings in Cousins Properties by 153.2% in the third quarter. Invesco Ltd. now owns 3,170,386 shares of the real estate investment trust's stock worth $91,751,000 after purchasing an additional 1,918,393 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in Cousins Properties by 242.5% in the first quarter. Quantinno Capital Management LP now owns 2,644,535 shares of the real estate investment trust's stock worth $59,687,000 after purchasing an additional 1,872,319 shares during the period. Institutional investors own 94.38% of the company's stock.

Insider Buying and Selling at Cousins Properties

In other Cousins Properties news, CAO Jeffrey Symes sold 6,033 shares of the firm's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $29.44, for a total transaction of $177,611.52. Following the sale, the chief accounting officer directly owned 16,685 shares of the company's stock, valued at $491,206.40. This trade represents a 26.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.81% of the company's stock.

Cousins Properties Stock Up 0.0%

Shares of Cousins Properties stock opened at $27.90 on Friday. Cousins Properties Incorporated has a twelve month low of $21.03 and a twelve 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 company's 50 day moving average is $30.23 and its 200 day moving average is $27.06. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 697.72, a price-to-earnings-growth ratio of 1.83 and a beta of 1.17.

Cousins Properties (NYSE:CUZ - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $268.53 million for the quarter, compared to the consensus estimate of $263.55 million. During the same quarter in the prior year, the firm earned $0.70 earnings per share. The company'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. Research analysts anticipate that Cousins Properties Incorporated will post 2.97 EPS for the current year.

Cousins Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Monday, July 6th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, July 6th. Cousins Properties's dividend payout ratio (DPR) is presently 3,200.00%.

Analyst Ratings Changes

CUZ has been the topic of several analyst reports. Barclays boosted their target price on Cousins Properties from $28.00 to $34.00 and gave the stock an "overweight" rating in a report on Tuesday, July 21st. Weiss Ratings upgraded Cousins Properties from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, June 25th. Wells Fargo & Company lifted their price target on Cousins Properties from $28.00 to $34.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Robert W. Baird upped their price target on shares of Cousins Properties from $33.00 to $35.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Finally, Truist Financial raised their price objective on shares of Cousins Properties from $24.00 to $30.00 and gave the company a "hold" rating in a research note on Friday, June 26th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Cousins Properties currently has an average rating of "Moderate Buy" and a consensus target price of $31.18.

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.

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