cousins properties incorporated is a leading diversified real estate company with extensive experience in development, acquisition, financing, management and leasing. based in atlanta, the company actively invests in office and retail projects. since its founding in 1958, cousins has developed more than 20 million square feet of office space and 20 million square feet of retail space. cousins has built and maintained an industry-wide reputation for innovative and sustainable developments, premium management services and top quality leadership. the company creates and maintains value in real estate assets for the benefit of shareholders, partners and clients. cousins properties is a fully integrated equity real estate investment trust (reit) and trades on the new york stock exchange under the symbol cuz.
Company profile
Ticker
CUZ
Exchange
Website
CEO
Michael Connolly
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
101 South Tryon GP, LLC • 1230 Peachtree Associates LLC • 5950 Sherry Property, LLC • Austin 300 Colorado Investor, LLC • Austin 300 Colorado Project GP, LLC • Austin 300 Colorado Project, LP • Cousins 100 Mill Investor LLC • Cousins 1200 Peachtree LLC • Cousins 27 8th Street LLC • Cousins 200 East Bland LP ...
IRS number
580869052
CUZ stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
14 Mar 24
DEF 14A
Definitive proxy
14 Mar 24
8-K
Results of Operations and Financial Condition
7 Feb 24
10-K
2023 FY
Annual report
7 Feb 24
8-K
Regulation FD Disclosure
13 Nov 23
8-K
Results of Operations and Financial Condition
26 Oct 23
10-Q
2023 Q3
Quarterly report
26 Oct 23
8-K
Regulation FD Disclosure
11 Sep 23
8-K
Results of Operations and Financial Condition
27 Jul 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
Transcripts
CUZ
Earnings call transcript
2023 Q4
8 Feb 24
CUZ
Earnings call transcript
2023 Q3
27 Oct 23
CUZ
Earnings call transcript
2023 Q2
28 Jul 23
CUZ
Earnings call transcript
2023 Q1
28 Apr 23
CUZ
Earnings call transcript
2022 Q4
10 Feb 23
CUZ
Earnings call transcript
2022 Q3
28 Oct 22
CUZ
Earnings call transcript
2022 Q2
29 Jul 22
CUZ
Earnings call transcript
2022 Q1
30 Apr 22
CUZ
Earnings call transcript
2021 Q4
4 Feb 22
CUZ
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
4
Pamela F Roper
21 Feb 24
4
JOHN S MCCOLL
21 Feb 24
4
Jeffrey D Symes
21 Feb 24
4
Richard G IV Hickson
21 Feb 24
4
Jane Kennedy Hicks
21 Feb 24
4
GREGG D ADZEMA
21 Feb 24
4
Michael Colin Connolly
21 Feb 24
SC 13G/A
COHEN & STEERS, INC.
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL REAL ESTATE INVESTORS LLC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.93 mm | 6.93 mm | 6.93 mm | 6.93 mm | 6.93 mm | 6.93 mm |
Cash burn (monthly) | 368.33 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 2.50 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 4.43 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 306 |
Opened positions | 57 |
Closed positions | 22 |
Increased positions | 108 |
Reduced positions | 99 |
13F shares | Current |
---|---|
Total value | 2.92 tn |
Total shares | 144.42 mm |
Total puts | 44.60 k |
Total calls | 30.70 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 22.68 mm | $462.00 bn |
BLK Blackrock | 20.24 mm | $412.20 bn |
PFG Principal Financial Group Inc - Registered Shares | 10.80 mm | $220.03 bn |
STT State Street | 8.42 mm | $171.47 bn |
APG Asset Management US | 8.36 mm | $170.27 bn |
Citadel Advisors | 4.69 mm | $95.59 bn |
Centersquare Investment Management | 4.30 mm | $87.51 bn |
Schroder Investment Management | 2.67 mm | $54.34 bn |
Weiss Multi-Strategy Advisers | 2.65 mm | $54.03 bn |
Geode Capital Management | 2.59 mm | $52.72 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Feb 24 | Jeffrey D Symes | Common Stock | Grant | Acquire A | No | No | 21.87 | 2,696 | 58.96 k | 14,327 |
5 Feb 24 | Pamela F Roper | Common Stock | Grant | Acquire A | No | No | 21.87 | 7,258 | 158.73 k | 47,518 |
5 Feb 24 | John S Mccoll | Common Stock | Grant | Acquire A | No | No | 21.87 | 8,158 | 178.42 k | 38,388 |
5 Feb 24 | Hickson Richard G IV | Common Stock | Grant | Acquire A | No | No | 21.87 | 9,267 | 202.67 k | 46,436 |
5 Feb 24 | Jane Kennedy Hicks | Common Stock | Grant | Acquire A | No | No | 21.87 | 7,280 | 159.21 k | 37,919 |