30 May, 2017
The institutional investor acquired 81,166 shares of the real estate investment trust's stock, valued at approximately $671,000.
Institutional investors have recently made changes to their positions in the stock. Elkfork Partners LLC bought a new position in shares of Cousins Properties during the fourth quarter valued at about $106,000. Commerzbank Aktiengesellschaft FI increased its position in shares of Cousins Properties by 14.0% in the first quarter. The Palisade Capital Management Llc holds 1.96 million shares with $16.65 million value, up from 1.59M last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Cousins Properties during the first quarter worth about $121,000. Virginia Retirement Systems ET AL now owns 952,400 shares of the real estate investment trust's stock worth $7,876,000 after buying an additional 824,500 shares during the last quarter. Glen Harbor Capital Management LLC increased its position in Cousins Properties by 46.6% in the first quarter. Glen Harbor Capital Management LLC now owns 14,388 shares of the real estate investment trust's stock worth $119,000 after buying an additional 4,576 shares in the last quarter. Royal Fincl Bank Of Canada owns 0% invested in Primero Mining Corp (TSE:P) for 654,965 shares.
Cousins Properties Incorporated (NYSE:CUZ) ended its day at $8.60 with the rising stream of -1.04% and its total traded volume was 3.86 million shares less than the average volume. The stock had a trading volume of 2,548,424 shares. It is positive, as 23 investors sold Cousins Properties Inc shares while 34 reduced holdings. The company has market cap of $3.67 billion. The stock's 50-day moving average price is $8.44 and its 200 day moving average price is $8.31. For trailing twelve months, EPS value for the stock is $0.18. The firm had revenue of $112.50 million during the quarter, compared to analyst estimates of $116.11 million. The business's revenue for the quarter was up 147.8% compared to the same quarter a year ago. During the same period in the prior year, the firm posted $0.21 EPS.
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Palisade Capital Management Llc decreased Cutera Inc (NASDAQ:CUTR) stake by 48,600 shares to 64,400 valued at $1.12 million in 2016Q4.
Cousins Properties Incorporated on 04/27/2017 reported its EPS as $0.01 with the analysts projecting the EPS of the stock as $0.02. The shares were sold at an average price of $8.26, for a total transaction of $26,448.52. Zacks Investment Research upgraded Cousins Properties from a "hold" rating to a "buy" rating and set a $9.75 price target for the company in a research note on Thursday, February 16th.
In related news, Director Lillian C. Giornelli sold 17,800 shares of the firm's stock in a transaction dated Monday, May 1st. Following the acquisition, the chairman now directly owns 535,505 shares in the company, valued at approximately $4,235,844.55. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. GIORNELLI LILLIAN C had sold 6,740 shares worth $55,095. Investors who are keeping close eye on the stock of The Mosaic Company (NYSE:MOS) established that the company was able to keep return on investment at 0.39 in the trailing twelve month while Reuters data showed that industry's average stands at 10.19 and sector's optimum level is 11.63. Following the sale, the director now owns 102,307 shares of the company's stock, valued at $857,332.66. The disclosure for this sale can be found here. Lillis Terrance J. sold $2.99 million worth of stock or 49,160 shares. As per Thursday, December 3, the company rating was downgraded by Wedbush. Looking at this figure it suggests that the shares of Cousins Properties Incorporated (CUZ) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Cousins Properties Incorporated (CUZ) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. The Company's segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other.
