KBC Group NV Has $185,000 Stock Holdings in Cousins Properties Incorporated (NYSE:CUZ)

KBC Group NV grew its holdings in shares of Cousins Properties Incorporated (NYSE:CUZ) by 23.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,027 shares of the real estate investment trust’s stock after buying an additional 1,135 shares during the quarter. KBC Group NV’s holdings in Cousins Properties were worth $185,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. lifted its position in Cousins Properties by 67.4% in the 4th quarter. UMB Bank n.a. now owns 981 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 395 shares in the last quarter. Larson Financial Group LLC lifted its holdings in shares of Cousins Properties by 49.7% in the third quarter. Larson Financial Group LLC now owns 1,319 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 438 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Cousins Properties by 30.8% in the third quarter. Signaturefd LLC now owns 2,765 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 651 shares in the last quarter. Quarry LP boosted its position in shares of Cousins Properties by 74.5% during the third quarter. Quarry LP now owns 3,976 shares of the real estate investment trust’s stock valued at $117,000 after buying an additional 1,697 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in Cousins Properties by 168.0% during the third quarter. Blue Trust Inc. now owns 4,057 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 2,543 shares in the last quarter. 94.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. KeyCorp raised shares of Cousins Properties from a “sector weight” rating to an “overweight” rating and set a $34.00 price objective on the stock in a report on Tuesday, December 17th. Robert W. Baird boosted their price target on shares of Cousins Properties from $33.00 to $34.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Jefferies Financial Group raised shares of Cousins Properties from a “hold” rating to a “buy” rating and upped their price objective for the stock from $33.00 to $36.00 in a research report on Thursday, January 2nd. Mizuho raised shares of Cousins Properties from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $22.00 to $30.00 in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company boosted their target price on Cousins Properties from $31.00 to $34.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $33.11.

Cousins Properties Trading Up 0.5 %

NYSE:CUZ opened at $30.15 on Thursday. The firm’s 50 day moving average is $30.38 and its 200 day moving average is $29.59. Cousins Properties Incorporated has a 12 month low of $21.58 and a 12 month high of $32.55. The stock has a market capitalization of $4.77 billion, a PE ratio of 91.35, a price-to-earnings-growth ratio of 3.94 and a beta of 1.29. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.60.

Cousins Properties Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Friday, January 3rd were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.25%. Cousins Properties’s dividend payout ratio is presently 387.88%.

Cousins Properties Company Profile

Cousins Properties Incorporated ("Cousins") is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company, based in Atlanta and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office buildings located in high-growth Sun Belt markets.