Fieldview Capital Management LLC Makes New $2.15 Million Investment in Cousins Properties Incorporated $CUZ

Fieldview Capital Management LLC bought a new position in Cousins Properties Incorporated (NYSE:CUZ) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 83,246 shares of the real estate investment trust’s stock, valued at approximately $2,146,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CUZ. Alyeska Investment Group L.P. grew its stake in Cousins Properties by 308.9% in the 4th 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 during the period. Norges Bank acquired a new position in shares of Cousins Properties in the 4th quarter valued at $53,063,000. Invesco Ltd. boosted its holdings in shares of 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 purchasing an additional 1,918,393 shares during the last quarter. Woodline Partners LP acquired a new position in shares of Cousins Properties in the 3rd quarter valued at $29,341,000. Finally, Balyasny Asset Management L.P. boosted its holdings in shares of Cousins Properties by 1,369.1% in the 3rd quarter. Balyasny Asset Management L.P. now owns 905,831 shares of the real estate investment trust’s stock valued at $26,215,000 after purchasing an additional 844,171 shares during the last quarter. 94.38% of the stock is owned by hedge funds and other institutional investors.

Cousins Properties Stock Performance

Shares of CUZ stock opened at $28.98 on Friday. Cousins Properties Incorporated has a 12 month low of $21.03 and a 12 month high of $30.80. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $4.77 billion, a P/E ratio of -965.51, a P/E/G ratio of 2.15 and a beta of 1.21. The company’s fifty day moving average price is $25.67 and its two-hundred day moving average price is $24.97.

Cousins Properties (NYSE:CUZ) last issued 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). Cousins Properties had a negative return on equity of 0.11% and a negative net margin of 0.52%.The firm had revenue of $263.11 million during the quarter, compared to analyst estimates of $256.77 million. During the same quarter in the prior year, the firm earned $0.74 EPS. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. On average, research analysts anticipate that Cousins Properties Incorporated will post 2.93 earnings per share for the current fiscal year.

Cousins Properties declared that its Board of Directors has approved a share repurchase program on Tuesday, February 17th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the real estate investment trust to buy up to 6.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Cousins Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, April 7th were issued a $0.32 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $1.28 dividend on an annualized basis and a yield of 4.4%. Cousins Properties’s payout ratio is currently -4,266.67%.

Analysts Set New Price Targets

CUZ has been the topic of a number of research analyst reports. BMO Capital Markets decreased their price target on shares of Cousins Properties from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, March 12th. Evercore reiterated an “outperform” rating on shares of Cousins Properties in a report on Monday, June 8th. Truist Financial decreased their price target on shares of Cousins Properties from $28.00 to $24.00 and set a “hold” rating on the stock in a report on Tuesday, March 17th. Robert W. Baird set a $33.00 price target on shares of Cousins Properties in a report on Wednesday, February 25th. Finally, Barclays decreased their price target on shares of Cousins Properties from $34.00 to $28.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $28.73.

Cousins Properties Company 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.