Cousins Properties Incorporated (NYSE:CUZ) registered a 2.26% increase, still its new closing price is 65.09% up from the company’s 1 year high of 8.71.It posted -0.23% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 6 stock analysts following this company have an average price target at $8.50, with individual PT in the $8.00-$9.00 range. The shares moved at $8.58, implying that brokerage firms see shares gaining about 47.82% in twelve months time.
Cousins Properties Incorporated (CUZ) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 1.55% rise year to date. A President & CEO at Cousins Properties Incorporated (CUZ) acquired shares in a transaction closed on Wednesday February 17, 2016. GELLERSTEDT LAWRENCE L III bought 11,750 shares in the company at $8.48 each and collected $99,001 in proceeds. GELLERSTEDT LAWRENCE L III now owns 484,381 shares in the company after this transaction. A Chairman of the Board in the company, Glover S Taylor, disclosed a transaction on Monday December 14, 2015 that ended up paying $449,001 from the purchase of 50,000 shares at $8.99 per share.
Cousins Properties Incorporated (NYSE:CUZ) Upcoming Results on Tap
Cousins Properties Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.04 in that period. Sales during the quarter are predicted to arrive at $103.39 million.
Cousins Properties Incorporated (CUZ) Brokerage Update
Cousins Properties Incorporated (CUZ) is in Stifel’s research list so their analyst rating change is noteworthy. These shares were upgraded to Hold from Sell by Stifel, according to news reported on Tuesday October 18, 2016.Another important research note was issued by Stifel on Thursday September 29, 2016.The firm downgraded CUZ to Sell from Hold. Over the last six months and over the last three months, the shares of Cousins Properties Incorporated (CUZ), have changed 16.85% and 15.54%, respectively.