Fideuram Intesa Sanpaolo Private Banking S.P.A. Buys New Shares in Cousins Properties Incorporated $CUZ

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Cousins Properties Incorporated (NYSE:CUZ) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 78,565 shares of the real estate investment trust’s stock, valued at approximately $1,773,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CUZ. Bell Investment Advisors Inc raised its holdings in Cousins Properties by 2,539.5% in the 3rd quarter. Bell Investment Advisors Inc now owns 1,003 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 965 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Cousins Properties by 128.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,232 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 692 shares in the last quarter. Arax Advisory Partners acquired a new stake in shares of Cousins Properties during the 4th quarter worth approximately $39,000. Clearstead Advisors LLC increased its position in shares of Cousins Properties by 176.1% during the fourth quarter. Clearstead Advisors LLC now owns 1,803 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,150 shares during the period. Finally, SJS Investment Consulting Inc. bought a new stake in shares of Cousins Properties during the first quarter valued at approximately $50,000. 94.38% of the stock is currently owned by institutional investors.

Cousins Properties Price Performance

NYSE:CUZ opened at $31.07 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.83. The firm has a market cap of $5.11 billion, a PE ratio of -1,035.19, a price-to-earnings-growth ratio of 2.29 and a beta of 1.19. Cousins Properties Incorporated has a 12 month low of $21.03 and a 12 month high of $31.13. The company’s 50-day moving average price is $27.48 and its two-hundred day moving average price is $25.39.

Cousins Properties (NYSE:CUZ) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.21). The firm had revenue of $263.11 million during the quarter, compared to the consensus estimate of $256.77 million. Cousins Properties had a negative net margin of 0.52% and a negative return on equity of 0.11%. The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 EPS. Cousins Properties has set its FY 2026 guidance at 2.900-2.980 EPS. On average, equities analysts anticipate that Cousins Properties Incorporated will post 2.95 EPS for the current fiscal year.

Cousins Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Monday, July 6th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Monday, July 6th. Cousins Properties’s dividend payout ratio (DPR) is currently -4,266.67%.

Analysts Set New Price Targets

A number of research analysts recently commented on CUZ shares. Wells Fargo & Company upped their target price on Cousins Properties from $28.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Truist Financial boosted their price target on shares of Cousins Properties from $24.00 to $30.00 and gave the company a “hold” rating in a report on Friday, June 26th. Wall Street Zen raised shares of Cousins Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, June 13th. Capital One Financial set a $27.00 price objective on shares of Cousins Properties in a research note on Thursday, March 12th. Finally, Evercore reaffirmed an “outperform” rating on shares of Cousins Properties in a report on Monday, June 8th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.27.

About Cousins Properties

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.