Cousins Properties Inc (CUZ) Stake Lowered by Teachers Advisors LLC

Teachers Advisors LLC cut its holdings in Cousins Properties Inc (NYSE:CUZ) by 16.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,162,001 shares of the real estate investment trust’s stock after selling 799,964 shares during the quarter. Teachers Advisors LLC owned 0.99% of Cousins Properties worth $38,499,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. BlackRock Inc. increased its position in shares of Cousins Properties by 4.6% during the fourth quarter. BlackRock Inc. now owns 57,131,287 shares of the real estate investment trust’s stock worth $528,463,000 after purchasing an additional 2,522,133 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Cousins Properties by 4.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 22,962,236 shares of the real estate investment trust’s stock worth $212,400,000 after purchasing an additional 1,066,008 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Cousins Properties by 95.0% during the fourth quarter. Bank of New York Mellon Corp now owns 11,603,704 shares of the real estate investment trust’s stock worth $107,335,000 after purchasing an additional 5,653,879 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Cousins Properties by 263.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 8,443,252 shares of the real estate investment trust’s stock worth $78,100,000 after purchasing an additional 6,122,947 shares in the last quarter. Finally, Virtus Fund Advisers LLC increased its position in shares of Cousins Properties by 7.9% during the fourth quarter. Virtus Fund Advisers LLC now owns 5,945,500 shares of the real estate investment trust’s stock worth $55,353,000 after purchasing an additional 435,900 shares in the last quarter.

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Several analysts recently commented on CUZ shares. Bank of America upgraded Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a research report on Monday, December 4th. Zacks Investment Research cut Cousins Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. ValuEngine cut Cousins Properties from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, SunTrust Banks set a $10.00 price target on Cousins Properties and gave the stock a “buy” rating in a research report on Wednesday, February 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $10.10.

Cousins Properties Inc (NYSE CUZ) opened at $8.70 on Tuesday. The firm has a market capitalization of $3,687.51, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 4.77 and a beta of 1.02. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.02 and a current ratio of 2.02. Cousins Properties Inc has a 12 month low of $7.81 and a 12 month high of $9.63.

Cousins Properties (NYSE:CUZ) last released its quarterly earnings data on Wednesday, February 7th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.07). The company had revenue of $109.94 million for the quarter, compared to analyst estimates of $109.05 million. Cousins Properties had a return on equity of 7.77% and a net margin of 46.90%. equities analysts forecast that Cousins Properties Inc will post 0.61 EPS for the current fiscal year.

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Cousins Properties Company Profile

Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.

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

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