Today it was reported that a Director at Cousins Properties (CUZ), Taylor Glover, exercised options to buy 7,918 CUZ shares at $7.35 a share, for a total transaction value of $58.2K. The options were close to expired and Taylor Glover retained stocks.
Following this transaction Taylor Glover’s holding in the company was increased by 1.53% to a total of $4.81 million. Following Taylor Glover’s last CUZ Buy transaction on March 15, 2017, the stock climbed by 1.5%.
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Based on Cousins Properties’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $133 million and quarterly net profit of $22.23 million. In comparison, last year the company earned revenue of $117 million and had a net profit of $16.42 million. CUZ’s market cap is $3.84B and the company has a P/E ratio of 48.90. Currently, Cousins Properties has an average volume of 7.11M.
Starting in July 2018, CUZ received 5 Buy ratings in a row.
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Cousins Properties, Inc. engages in the development, acquisition, leasing, and management of real estate assets. It primarily invests in urban office towers located in Sunbelt markets. It operates through the following geographical segments: Atlanta, Charlotte, Austin, Phoenix, Tampa, Orlando, Houston, and Other.
