Cousins Properties Inc (CUZ) : Arcus Capital Partners reduced its stake in Cousins Properties Inc by 80.42% during the most recent quarter end. The investment management company now holds a total of 20,574 shares of Cousins Properties Inc which is valued at $217,261 after selling 84,484 shares in Cousins Properties Inc , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Cousins Properties Inc makes up approximately 0.20% of Arcus Capital Partners’s portfolio.
Other Hedge Funds, Including , Quadrant Capital Group added CUZ to its portfolio by purchasing 158 company shares during the most recent quarter which is valued at $1,681.Capital Fund Management S.a. boosted its stake in CUZ in the latest quarter, The investment management firm added 48,874 additional shares and now holds a total of 225,837 shares of Cousins Properties Inc which is valued at $2,362,255. Cousins Properties Inc makes up approx 0.04% of Capital Fund Management S.a.’s portfolio.New York State Teachers Retirement System boosted its stake in CUZ in the latest quarter, The investment management firm added 109,800 additional shares and now holds a total of 380,915 shares of Cousins Properties Inc which is valued at $4,190,065. Cousins Properties Inc makes up approx 0.01% of New York State Teachers Retirement System’s portfolio.State Of Alaska Department Of Revenue reduced its stake in CUZ by selling 16,270 shares or 15.76% in the most recent quarter. The Hedge Fund company now holds 86,970 shares of CUZ which is valued at $954,931. Cousins Properties Inc makes up approx 0.10% of State Of Alaska Department Of Revenue’s portfolio.
Cousins Properties Inc closed down -0.09 points or -0.85% at $10.48 with 11,57,985 shares getting traded on Monday. Post opening the session at $10.6, the shares hit an intraday low of $10.43 and an intraday high of $10.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Cousins Properties Inc reported $0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.22. The company had revenue of $91.30 million for the quarter, compared to analysts expectations of $91.54 million. The company’s revenue was down -.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins CREC Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively the Company) develop acquire lease manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia Texas and North Carolina. It operates its business in four segments: Office Retail Land and Other. The Company’s portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space 80000 square feet of retail space and 404000 square feet (443 units) of apartments. It has ownership interests in various properties including Greenway Plaza Post Oak Central 2100 Ross Avenue 816 Congress and Promenade among others. Its portfolio includes around 16 operating office properties.