Dalton Greiner Hartman Maher & Co. Has $16.78 Million Holdings in Cousins Properties Inc (CUZ)

Dalton Greiner Hartman Maher & Co. raised its stake in Cousins Properties Inc (NYSE:CUZ) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,813,542 shares of the real estate investment trust’s stock after acquiring an additional 56,663 shares during the quarter. Dalton Greiner Hartman Maher & Co. owned approximately 0.43% of Cousins Properties worth $16,775,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Public Employees Retirement System of Ohio lifted its stake in Cousins Properties by 3.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 518,339 shares of the real estate investment trust’s stock worth $4,841,000 after purchasing an additional 15,941 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in Cousins Properties in the 3rd quarter worth approximately $1,381,000. Eii Capital Management Inc. purchased a new stake in Cousins Properties in the 3rd quarter worth approximately $1,012,000. Sterling Capital Management LLC bought a new position in shares of Cousins Properties in the 3rd quarter worth $1,589,000. Finally, Argent Capital Management LLC increased its holdings in shares of Cousins Properties by 30.8% in the 3rd quarter. Argent Capital Management LLC now owns 309,200 shares of the real estate investment trust’s stock worth $2,888,000 after buying an additional 72,875 shares during the last quarter.

In related news, insider S Taylor Glover sold 74,351 shares of Cousins Properties stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $9.41, for a total transaction of $699,642.91. Following the completion of the transaction, the insider now directly owns 485,284 shares of the company’s stock, valued at approximately $4,566,522.44. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 1.14% of the company’s stock.

A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Cousins Properties from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Bank of America raised shares of Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Monday, December 4th. ValuEngine raised shares of Cousins Properties from a “hold” rating to a “buy” rating in a report on Tuesday, October 10th. SunTrust Banks reaffirmed a “buy” rating and set a $10.00 target price on shares of Cousins Properties in a report on Monday, October 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $10.50 target price on shares of Cousins Properties in a report on Thursday, September 21st. One analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $10.10.

Shares of Cousins Properties Inc (NYSE CUZ) opened at $9.10 on Thursday. Cousins Properties Inc has a twelve month low of $7.81 and a twelve month high of $9.63. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market cap of $3,809.59, a price-to-earnings ratio of 16.85 and a beta of 1.09.

Cousins Properties (NYSE:CUZ) last posted its earnings results on Wednesday, October 25th. The real estate investment trust reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.12). Cousins Properties had a return on equity of 8.39% and a net margin of 48.08%. The company had revenue of $113.20 million during the quarter, compared to analysts’ expectations of $113.51 million. During the same period in the prior year, the business posted $0.22 earnings per share. The company’s revenue for the quarter was up 132.4% on a year-over-year basis. equities analysts expect that Cousins Properties Inc will post 0.61 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Tuesday, January 2nd were given a dividend of $0.06 per share. The ex-dividend date was Friday, December 29th. This represents a $0.24 dividend on an annualized basis and a yield of 2.64%. Cousins Properties’s dividend payout ratio (DPR) is currently 44.44%.

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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.

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

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