Apg Asset Management US Reduces $2M in Cousins Properties Incorporated ($CUZ)
Apg Asset Management US reduced its holdings in Cousins Properties by 84,213 shares.
Key Points
- Apg Asset Management US trimmed its Cousins Properties stake by 84,213 shares, now holding 7.31 million shares worth $212 million.
- Cousins Properties, trading at $29.01, has a market cap of $4.77 billion and a forward P/E of 96.7.
- Insiders recently bought shares, and analysts maintain a strong buy consensus with a mean target price of $30.08.
Apg Asset Management US has reduced its stake in Cousins Properties Incorporated (NYSE:CUZ) by 84,213 shares, according to its latest 13F filing with the SEC. As of the end of the reporting period, the fund holds 7,310,912 shares valued at approximately $212.1 million.
What Changed in Apg Asset Management US's Cousins Properties Position
Apg Asset Management US decreased its position in Cousins Properties by 1.1%, selling 84,213 shares. The fund's holdings now total 7,310,912 shares, down from 7,395,125 shares previously. The value of their investment in the company is reported to be about $212.1 million.
Other Institutional Activity in Cousins Properties
Other major institutional investors have also adjusted their positions in Cousins Properties. BlackRock, Inc. reduced its holdings by 437,021 shares, ending with 23,782,749 shares valued at approximately $536.8 million. Meanwhile, Vanguard Portfolio Management LLC made a significant addition, acquiring 16,478,888 shares, bringing its total to the same amount, worth about $371.9 million. Principal Financial Group Inc. trimmed its stake by 208,218 shares, holding 12,681,990 shares valued at $286.2 million. State Street Corp decreased its position by 101,873 shares, now holding 8,230,480 shares worth $185.8 million.
Cousins Properties Stock Snapshot
Shares of Cousins Properties, trading on the NYSE under the ticker CUZ, are currently priced at $29.01. The company boasts a market capitalization of approximately $4.77 billion and a forward P/E ratio of 96.7. The stock has seen a 52-week low of $21.03 and a high of $30.80. Its 50-day moving average is $25.71, while the 200-day moving average stands at $25.73. The company's beta is 1.198, indicating moderate volatility compared to the market.
Recent Earnings
Cousins Properties reported revenue of $997.7 million, reflecting a growth of 4.8%. However, the company is not currently profitable, with a net margin of -0.53% and a return on equity of -0.096%. The next earnings report is scheduled for July 30, 2026.
Dividend
Cousins Properties offers an annual dividend rate of $1.28, yielding 4.41%. The dividend payout ratio is a modest 5.33%.
Insider Buying and Selling at Cousins Properties Incorporated
Several insiders recently purchased shares of Cousins Properties on June 1, 2026. Griffin Kent Jr acquired 9,867 shares at an average price of $25.84, while Dionne Nelson and Robert Chapman each bought 5,681 shares at $26.40. Susan Givens purchased 9,070 shares at $25.91, and Dary Stone bought 9,867 shares at $25.84. Scott Fordham also acquired 5,681 shares at $26.40.
Analysts Set New Price Targets
Analysts have recently weighed in on Cousins Properties. On June 1, 2026, Wells Fargo maintained a 'buy' rating with a price target of $34. Evercore ISI Group has consistently maintained a 'buy' rating, with targets ranging from $26 to $28 in recent months. Truist Securities holds a 'hold' rating with a $24 target, while BMO Capital upgraded its target to $31 earlier in the year. The consensus among analysts is a 'strong buy', with a mean target price of $30.08 based on 12 opinions.
About Cousins Properties
Cousins Properties Incorporated is a real estate investment trust specializing in Class A office buildings in high-growth Sun Belt markets. Headquartered in Atlanta, Georgia, and led by CEO Michael Colin Connolly, the company focuses on developing, acquiring, leasing, and managing high-quality real estate assets. Founded in 1958, Cousins Properties employs 351 people and operates through its partnership, Cousins Properties LP.
Bottom Line
Apg Asset Management US's recent reduction in Cousins Properties reflects a small adjustment in its portfolio. Investors often track such filings for insights into institutional sentiment, though these reports are backward-looking and may not indicate current positions. Cousins Properties continues to attract attention with its strong buy ratings and strategic focus on high-growth markets.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.