Public Employees Retirement Association of Colorado grew its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ – Get Rating) by 111.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,218 shares of the real estate investment trust's stock after acquiring an additional 10,131 shares during the quarter. Public Employees Retirement Association of Colorado's holdings in Cousins Properties were worth $562,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its position in Cousins Properties by 2.1% during the first quarter. PNC Financial Services Group Inc. now owns 14,922 shares of the real estate investment trust's stock valued at $600,000 after purchasing an additional 306 shares during the last quarter. Covestor Ltd lifted its holdings in shares of Cousins Properties by 89.2% during the 1st quarter. Covestor Ltd now owns 1,050 shares of the real estate investment trust's stock worth $42,000 after acquiring an additional 495 shares during the last quarter. Cibc World Markets Corp lifted its holdings in shares of Cousins Properties by 0.7% during the 1st quarter. Cibc World Markets Corp now owns 74,849 shares of the real estate investment trust's stock worth $3,016,000 after acquiring an additional 519 shares during the last quarter. Synovus Financial Corp increased its stake in Cousins Properties by 2.6% in the second quarter. Synovus Financial Corp now owns 24,944 shares of the real estate investment trust's stock valued at $732,000 after acquiring an additional 635 shares during the last quarter. Finally, Janiczek Wealth Management LLC increased its stake in Cousins Properties by 285.9% in the second quarter. Janiczek Wealth Management LLC now owns 961 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 712 shares during the last quarter. Hedge funds and other institutional investors own 95.94% of the company's stock.

Cousins Properties Stock Performance

Cousins Properties stock opened at $24.95 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.49. The firm has a market cap of $3.78 billion, a P/E ratio of 12.05, a P/E/G ratio of 2.51 and a beta of 1.09. Cousins Properties Incorporated has a 1-year low of $21.72 and a 1-year high of $42.41. The firm has a 50-day moving average of $24.18 and a 200-day moving average of $27.43.

Cousins Properties Dividend Announcement

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Cousins Properties to $29.00 in a report on Thursday, December 1st. Evercore ISI started coverage on Cousins Properties in a research note on Monday, October 3rd. They issued an "outperform" rating and a $29.00 target price for the company. Wells Fargo & Company lifted their price target on shares of Cousins Properties from $26.00 to $27.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 22nd. Mizuho cut their price objective on shares of Cousins Properties from $31.00 to $29.00 and set a "neutral" rating for the company in a research note on Wednesday, October 19th. Finally, StockNews.com assumed coverage on Cousins Properties in a research note on Wednesday, October 12th. They issued a "hold" rating for the company. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $30.83.

Cousins Properties Profile

(Get Rating)

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.

Read More

• Get a free copy of the StockNews.com research report on Cousins Properties (CUZ)
• Does Lululemon's 12% Drop Signal Bad News For Clothing Retailers?
• Dave & Buster's Proves Experiential Dining Demand is Strong
• MarketBeat: Week in Review 12/05 – 12/09
• There Is Fundamental Value In Broadcom, And It Yields 3.35%
• Costco vs Amazon: an end of the year showdown

Want to see what other hedge funds are holding CUZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cousins Properties Incorporated (NYSE:CUZ – Get Rating).

Receive News & Ratings for Cousins Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cousins Properties and related companies with MarketBeat.com's FREE daily email newsletter.