SG Americas Securities LLC Has $4.82 Million Stake in Cousins Properties (NYSE:CUZ)

SG Americas Securities LLC increased its stake in shares of Cousins Properties (NYSE:CUZ) by 114.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 555,702 shares of the real estate investment trust’s stock after buying an additional 296,757 shares during the period. SG Americas Securities LLC owned 0.13% of Cousins Properties worth $4,823,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CUZ. Dalton Greiner Hartman Maher & Co. boosted its holdings in shares of Cousins Properties by 3.2% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 1,813,542 shares of the real estate investment trust’s stock worth $16,775,000 after buying an additional 56,663 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Cousins Properties by 13.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 4,928,258 shares of the real estate investment trust’s stock worth $45,587,000 after buying an additional 569,820 shares during the period. Bowling Portfolio Management LLC boosted its holdings in shares of Cousins Properties by 28.7% during the 4th quarter. Bowling Portfolio Management LLC now owns 169,732 shares of the real estate investment trust’s stock worth $1,570,000 after buying an additional 37,804 shares during the period. Narwhal Capital Management boosted its holdings in shares of Cousins Properties by 10.9% during the 4th quarter. Narwhal Capital Management now owns 238,835 shares of the real estate investment trust’s stock worth $2,209,000 after buying an additional 23,500 shares during the period. Finally, Strs Ohio boosted its holdings in shares of Cousins Properties by 2.4% during the 4th quarter. Strs Ohio now owns 660,804 shares of the real estate investment trust’s stock worth $6,112,000 after buying an additional 15,639 shares during the period.

Several brokerages recently commented on CUZ. Wells Fargo began coverage on shares of Cousins Properties in a report on Friday, April 20th. They set a “market perform” rating and a $9.50 target price for the company. ValuEngine downgraded shares of Cousins Properties from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, SunTrust Banks set a $10.00 price objective on shares of Cousins Properties and gave the company a “buy” rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $10.00.

Cousins Properties traded down $0.03, reaching $8.83, during trading on Thursday, according to MarketBeat. The company’s stock had a trading volume of 47,013 shares, compared to its average volume of 3,545,350. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $3.74 billion, a P/E ratio of 14.52, a P/E/G ratio of 3.81 and a beta of 0.92. Cousins Properties has a 12 month low of $8.85 and a 12 month high of $8.95.

Cousins Properties (NYSE:CUZ) last posted its quarterly earnings data on Wednesday, April 25th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.01. The firm had revenue of $113.35 million during the quarter, compared to the consensus estimate of $113.10 million. Cousins Properties had a net margin of 49.63% and a return on equity of 8.07%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 EPS. equities analysts expect that Cousins Properties will post 0.61 EPS for the current year.

Cousins Properties Company Profile

Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA, acting through its operating partnership, Cousins Properties LP, primarily invests in Class-A office towers located in high growth Sunbelt markets.

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

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