Factors to Note Before Buying Cousins Properties Incorporated (CUZ)


A number of equities research analysts recently commented on CUZ shares.

Zacks Investment Research upgraded shares of Cousins Properties Incorporated (NYSE:CUZ) from a hold rating to a buy rating in a report released on Wednesday. ValuEngine cut Cousins Properties from a buy rating to a hold rating in a research note on Friday, June 2nd. Robert W. Baird upgraded the shares of CUZ in report on Tuesday, May 16 to "Outperform" rating. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The 52-week range is $7.04 to $9.10 and the consensus target price is $9.29. 4309659 shares were traded on Cousins Properties Incorporated's last session. Market Capitalization if basically the market value of the company's shares outstanding.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report.

Shares are trading at $8.84 which is slightly above $8.75, the 50 day moving average and slightly over the 200 day moving average of $8.47. Cousins Properties has a 52 week low of $7.09 and a 52 week high of $11.40. The stock of Cousins Properties Inc (NYSE:CUZ) earned "Sell" rating by Stifel Nicolaus on Thursday, September 29.

In the last reported quarter, Cousins Properties Inc reported its Actual EPS (earnings per share) of $0.01/share where most of the analysts working on this stock were estimating the EPS to be $0.02/share. Cousins Properties had a net margin of 14.48% and a return on equity of 3.11%.

Cousins Properties Inc (NYSE:CUZ) 52-week high price stands at $9.10 and low price stands at $7.04, its price distance from 52-week high is -5.27% while its distance from 52-week low price is 22.49%. However the company reported $0.04 earnings per share for the same quarter during previous year. Analysts anticipate that Cousins Properties Incorporated will post $0.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 13th.

Dividends is a reward scheme, that a company presents to its shareholders. This represents a $0.24 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Thurs, Jun 29th. Schwab Charles Management Inc has invested 0.03% of its portfolio in Cousins Properties Inc (NYSE:CUZ).

TRADEMARK VIOLATION NOTICE: This piece was posted by Markets Daily and is owned by of Markets Daily. Insiders sold 62,961 shares of company stock valued at $530,885 over the last three months. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

The Average Volume for 10 days is 2.45 Million for Cousins Properties Inc (NYSE:CUZ). Paloma Prns Co reported 5,728 shares. Following the sale, the director now owns 102,307 shares in the company, valued at $861,424.94. The disclosure for this sale can be found here. Insiders sold 72,900 shares of company stock valued at $614,671 over the last 90 days. Pitcairn owns 18,537 shares for 0.03% of their portfolio. The institutional investor purchased 14,600 shares of the real estate investment trust's stock, valued at approximately $121,000. Capstone Asset Management Co. raised its stake in shares of Cousins Properties by 2.0% in the first quarter.

In other news, Director Lillian C. Giornelli sold 5,006 shares of the firm's stock in a transaction on Tuesday, May 16th. Oakbrook Investments LLC raised its stake in shares of Cousins Properties by 7.0% in the first quarter. Its last month's stock price volatility remained 2.90% which for the week stands at 2.70%. The firm's revenue for the quarter was up 147.8% compared to the same quarter previous year. The SI to Cousins Properties Incorporated's float is 6.5%. BlackRock Inc. now owns 50,398,142 shares of the real estate investment trust's stock worth $416,791,000 after buying an additional 49,746,289 shares during the period. State Street Corp boosted its stake in Cousins Properties by 103.0% in the fourth quarter. FMR LLC now owns 37,539,059 shares of the real estate investment trust's stock worth $319,458,000 after buying an additional 15,182,879 shares during the period.

Cousins Properties is a self-administered and self-managed real estate investment trust. the firms segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other.