Cousins Properties Inc (CUZ) Holdings Reduced by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. cut its holdings in shares of Cousins Properties Inc (NYSE:CUZ) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,268 shares of the real estate investment trust’s stock after selling 1,200 shares during the quarter. Oberweis Asset Management Inc.’s holdings in Cousins Properties were worth $429,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. QS Investors LLC grew its position in Cousins Properties by 1,306.3% in the fourth quarter. QS Investors LLC now owns 300,412 shares of the real estate investment trust’s stock worth $2,374,000 after acquiring an additional 279,050 shares in the last quarter. Menta Capital LLC purchased a new position in Cousins Properties in the fourth quarter worth about $1,665,000. Geode Capital Management LLC grew its position in Cousins Properties by 7.2% in the fourth quarter. Geode Capital Management LLC now owns 5,572,920 shares of the real estate investment trust’s stock worth $44,025,000 after acquiring an additional 373,383 shares in the last quarter. Magnus Financial Group LLC purchased a new position in Cousins Properties in the fourth quarter worth about $101,000. Finally, California State Teachers Retirement System grew its position in Cousins Properties by 2.4% in the fourth quarter. California State Teachers Retirement System now owns 659,178 shares of the real estate investment trust’s stock worth $5,208,000 after acquiring an additional 15,618 shares in the last quarter.

Several research analysts recently commented on CUZ shares. Zacks Investment Research lowered Cousins Properties from a “buy” rating to a “hold” rating in a research report on Tuesday, November 20th. Bank of America set a $11.00 price target on Cousins Properties and gave the stock a “buy” rating in a research report on Tuesday, March 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Cousins Properties presently has a consensus rating of “Buy” and an average price target of $10.38.

Shares of NYSE:CUZ opened at $9.92 on Friday. Cousins Properties Inc has a 1 year low of $7.53 and a 1 year high of $9.97. The company has a market cap of $4.17 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 4.28 and a beta of 1.00. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.38.

Cousins Properties (NYSE:CUZ) last announced its earnings results on Wednesday, February 6th. The real estate investment trust reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.01. Cousins Properties had a return on equity of 2.81% and a net margin of 16.76%. The business had revenue of $122.68 million during the quarter, compared to analyst estimates of $118.30 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. Analysts anticipate that Cousins Properties Inc will post 0.73 EPS for the current fiscal year.

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About Cousins Properties

Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets.

Further Reading: SEC Filing

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

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