Resolution Capital Reduces Stake in Cousins Properties by 2.57 Million Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 48 minutes ago
0mins
Source: Fool
- Stake Reduction Details: Resolution Capital reduced its stake in Cousins Properties by 2,571,383 shares during Q1 2026, with an estimated transaction value of $62.35 million, indicating a waning confidence in the company as its stake now represents only 0.21% of its 13F reportable AUM.
- Holding Value Analysis: At the end of the quarter, Resolution Capital held 442,437 shares valued at approximately $9.99 million, reflecting a significant decline in perceived investment value, which may influence future investment strategies.
- Market Performance Comparison: Cousins Properties shares are priced at $26.81, down 5% over the past year, significantly underperforming the S&P 500's 28% increase, indicating a lack of competitive strength in the market.
- Industry Outlook: Despite the substantial stake reduction, Cousins Properties focuses on high-growth Sun Belt markets, with 76% of its portfolio developed or redeveloped since 2010; if demand continues to concentrate on premium office spaces, it could emerge as a relative winner in a struggling sector.
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Analyst Views on CUZ
Wall Street analysts forecast CUZ stock price to rise
8 Analyst Rating
7 Buy
1 Hold
0 Sell
Strong Buy
Current: 26.810
Low
29.00
Averages
31.71
High
34.00
Current: 26.810
Low
29.00
Averages
31.71
High
34.00
About CUZ
Cousins Properties Incorporated is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company conducts its business through Cousins Properties LP (CPLP), which primarily invests in Class A office buildings located in high-growth Sun Belt markets. It owns in excess of 99% of CPLP and consolidates CPLP. CPLP wholly owns Cousins TRS Services LLC (CTRS), which owns and manages its own real estate portfolio and performs certain real estate related services. The Company, CPLP, CTRS, and their subsidiaries develops, acquires, leases, manages, and owns primarily Class A office properties and mixed-use developments in the Sun Belt markets of the United States with a focus on Atlanta, Austin, Tampa, Charlotte, Phoenix, Dallas, and Nashville. Its operations are conducted in the office real estate segment. Its portfolio of real estate assets consists of interests in over 21.1 million square feet of office space and 467,000 square feet of other space.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Resolution Capital Reduces Stake in Cousins Properties by 2.57 Million Shares
- Stake Reduction Details: Resolution Capital reduced its stake in Cousins Properties by 2,571,383 shares during Q1 2026, with an estimated transaction value of $62.35 million, indicating a waning confidence in the company as its stake now represents only 0.21% of its 13F reportable AUM.
- Holding Value Analysis: At the end of the quarter, Resolution Capital held 442,437 shares valued at approximately $9.99 million, reflecting a significant decline in perceived investment value, which may influence future investment strategies.
- Market Performance Comparison: Cousins Properties shares are priced at $26.81, down 5% over the past year, significantly underperforming the S&P 500's 28% increase, indicating a lack of competitive strength in the market.
- Industry Outlook: Despite the substantial stake reduction, Cousins Properties focuses on high-growth Sun Belt markets, with 76% of its portfolio developed or redeveloped since 2010; if demand continues to concentrate on premium office spaces, it could emerge as a relative winner in a struggling sector.
See More
Resolution Capital Reduces Stake in Cousins Properties
- Share Reduction Details: Resolution Capital sold 2,571,383 shares of Cousins Properties in Q1 2026, with an estimated trade value of $62.35 million, indicating a waning confidence in the company as its stake now represents only 1.31% of reportable U.S. equity assets under management.
- Decline in Position Value: By quarter-end, the value of Resolution Capital's holdings in Cousins Properties dropped to $9.99 million, a decrease of $67.71 million from the previous quarter, reflecting reduced market interest in the REIT, which could impact its future financing capabilities.
- Market Competitive Advantage: Cousins Properties focuses on high-demand Sun Belt cities, with 76% of its assets developed or redeveloped since 2010, commanding rents approximately 30% above Class A market averages, thus maintaining a competitive edge in the crowded office REIT sector.
- Strong Financial Position: The company boasts $988 million in liquidity and a net debt-to-EBITDA ratio of 5.7 times, the lowest leverage ratio in the office REIT sector, demonstrating financial resilience amid industry challenges.
See More
Cousins Properties Q1 2026 Earnings Call Highlights
- Strong Financial Performance: Cousins Properties reported $0.73 per share in FFO for Q1 2026, reflecting year-over-year growth, and raised the full-year FFO guidance midpoint to $2.94, indicating sustained profitability that is likely to enhance shareholder returns.
- Active Leasing Activity: The company completed 932,000 square feet of leases during the quarter, achieving a cash rent roll-up of 15.2%, marking 48 consecutive quarters of positive growth, which underscores robust market demand, particularly in technology and financial services sectors.
- Portfolio Optimization: The total office portfolio's lease and weighted average occupancy rates were reported at 91.8% and 88.9%, respectively, with only 8.3% of contractual rent expiring through 2027, establishing a solid foundation for future stable cash flows.
- Optimistic Outlook: Management anticipates full-year 2026 FFO between $2.90 and $2.98 per share, primarily driven by share repurchases and better-than-expected execution of debt financings, reflecting the company's confidence in future market conditions.
See More
Cousins Properties Q1 FFO Exceeds Expectations
- Earnings Beat: Cousins Properties reported a Q1 FFO of $0.73, exceeding expectations by $0.01, indicating the company's resilience in maintaining profitability amidst market fluctuations.
- Revenue Decline: Despite the positive earnings, the company's revenue for Q1 was $250.33 million, a 4.9% year-over-year decline that missed market expectations, highlighting challenges in the current market environment.
- Share Buyback Authorization: Cousins Properties increased its share repurchase authorization to $500 million and set a $250 million stock buyback plan, aimed at enhancing shareholder value by reducing the number of outstanding shares and potentially boosting EPS.
- Market Sentiment: Seeking Alpha's Quant Rating on Cousins Properties reflects a cautious market outlook on its future performance, as while short-term earnings have exceeded expectations, the long-term growth potential remains a point of concern.
See More
Cousins Properties Releases Q1 2026 Earnings Results
- Earnings Release: Cousins Properties announced its Q1 2026 financial results on April 29, 2026, highlighting its investment performance in high-growth markets, although specific financial metrics have yet to be disclosed, generating market interest.
- Conference Call Scheduled: The company will hold a conference call on April 30, 2026, at 10:00 a.m. (Eastern Time) to discuss its financial results, which is expected to attract broad participation from investors and analysts, enhancing transparency.
- Investment Strategy: As a self-managed REIT, Cousins Properties focuses on high-quality Class A office buildings, aiming to create shareholder value through development, acquisition, and management of premium assets, reflecting its deep expertise in the real estate market.
- Company Background: Founded in 1958, Cousins Properties is committed to long-term growth in rapidly expanding Sun Belt markets through a straightforward platform and opportunistic investment strategy, demonstrating its keen understanding of market dynamics.
See More
Cousins Properties Authorizes $500 Million Stock Buyback
- Buyback Program Expansion: Cousins Properties' Board has authorized an increase in its stock buyback program to $500 million, up by $250 million, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Shares Repurchased: To date, the company has repurchased approximately 3.9 million shares at an average price of $23.36 per share, totaling $90 million, indicating proactive capital management amid market fluctuations.
- Remaining Buyback Capacity: With the new authorization, the company has $410 million remaining for stock repurchases, demonstrating ample financial resources to support future buyback activities and further boosting market confidence in its stock.
- Flexibility in Repurchases: The buyback program has no expiration date, allowing the company to adjust the timing, method, and size of repurchases based on market conditions, which maximizes shareholder value through strategic capital allocation.
See More
Resolution Capital Reduces Stake in Cousins Properties by 2.57 Million Shares
- Stake Reduction Details: Resolution Capital reduced its stake in Cousins Properties by 2,571,383 shares during Q1 2026, with an estimated transaction value of $62.35 million, indicating a waning confidence in the company as its stake now represents only 0.21% of its 13F reportable AUM.
- Holding Value Analysis: At the end of the quarter, Resolution Capital held 442,437 shares valued at approximately $9.99 million, reflecting a significant decline in perceived investment value, which may influence future investment strategies.
- Market Performance Comparison: Cousins Properties shares are priced at $26.81, down 5% over the past year, significantly underperforming the S&P 500's 28% increase, indicating a lack of competitive strength in the market.
- Industry Outlook: Despite the substantial stake reduction, Cousins Properties focuses on high-growth Sun Belt markets, with 76% of its portfolio developed or redeveloped since 2010; if demand continues to concentrate on premium office spaces, it could emerge as a relative winner in a struggling sector.
See More
Resolution Capital Reduces Stake in Cousins Properties
- Share Reduction Details: Resolution Capital sold 2,571,383 shares of Cousins Properties in Q1 2026, with an estimated trade value of $62.35 million, indicating a waning confidence in the company as its stake now represents only 1.31% of reportable U.S. equity assets under management.
- Decline in Position Value: By quarter-end, the value of Resolution Capital's holdings in Cousins Properties dropped to $9.99 million, a decrease of $67.71 million from the previous quarter, reflecting reduced market interest in the REIT, which could impact its future financing capabilities.
- Market Competitive Advantage: Cousins Properties focuses on high-demand Sun Belt cities, with 76% of its assets developed or redeveloped since 2010, commanding rents approximately 30% above Class A market averages, thus maintaining a competitive edge in the crowded office REIT sector.
- Strong Financial Position: The company boasts $988 million in liquidity and a net debt-to-EBITDA ratio of 5.7 times, the lowest leverage ratio in the office REIT sector, demonstrating financial resilience amid industry challenges.
See More
Cousins Properties Q1 2026 Earnings Call Highlights
- Strong Financial Performance: Cousins Properties reported $0.73 per share in FFO for Q1 2026, reflecting year-over-year growth, and raised the full-year FFO guidance midpoint to $2.94, indicating sustained profitability that is likely to enhance shareholder returns.
- Active Leasing Activity: The company completed 932,000 square feet of leases during the quarter, achieving a cash rent roll-up of 15.2%, marking 48 consecutive quarters of positive growth, which underscores robust market demand, particularly in technology and financial services sectors.
- Portfolio Optimization: The total office portfolio's lease and weighted average occupancy rates were reported at 91.8% and 88.9%, respectively, with only 8.3% of contractual rent expiring through 2027, establishing a solid foundation for future stable cash flows.
- Optimistic Outlook: Management anticipates full-year 2026 FFO between $2.90 and $2.98 per share, primarily driven by share repurchases and better-than-expected execution of debt financings, reflecting the company's confidence in future market conditions.
See More
Cousins Properties Q1 FFO Exceeds Expectations
- Earnings Beat: Cousins Properties reported a Q1 FFO of $0.73, exceeding expectations by $0.01, indicating the company's resilience in maintaining profitability amidst market fluctuations.
- Revenue Decline: Despite the positive earnings, the company's revenue for Q1 was $250.33 million, a 4.9% year-over-year decline that missed market expectations, highlighting challenges in the current market environment.
- Share Buyback Authorization: Cousins Properties increased its share repurchase authorization to $500 million and set a $250 million stock buyback plan, aimed at enhancing shareholder value by reducing the number of outstanding shares and potentially boosting EPS.
- Market Sentiment: Seeking Alpha's Quant Rating on Cousins Properties reflects a cautious market outlook on its future performance, as while short-term earnings have exceeded expectations, the long-term growth potential remains a point of concern.
See More
Cousins Properties Releases Q1 2026 Earnings Results
- Earnings Release: Cousins Properties announced its Q1 2026 financial results on April 29, 2026, highlighting its investment performance in high-growth markets, although specific financial metrics have yet to be disclosed, generating market interest.
- Conference Call Scheduled: The company will hold a conference call on April 30, 2026, at 10:00 a.m. (Eastern Time) to discuss its financial results, which is expected to attract broad participation from investors and analysts, enhancing transparency.
- Investment Strategy: As a self-managed REIT, Cousins Properties focuses on high-quality Class A office buildings, aiming to create shareholder value through development, acquisition, and management of premium assets, reflecting its deep expertise in the real estate market.
- Company Background: Founded in 1958, Cousins Properties is committed to long-term growth in rapidly expanding Sun Belt markets through a straightforward platform and opportunistic investment strategy, demonstrating its keen understanding of market dynamics.
See More
Cousins Properties Authorizes $500 Million Stock Buyback
- Buyback Program Expansion: Cousins Properties' Board has authorized an increase in its stock buyback program to $500 million, up by $250 million, reflecting the company's confidence in its stock value and expected to enhance shareholder returns.
- Shares Repurchased: To date, the company has repurchased approximately 3.9 million shares at an average price of $23.36 per share, totaling $90 million, indicating proactive capital management amid market fluctuations.
- Remaining Buyback Capacity: With the new authorization, the company has $410 million remaining for stock repurchases, demonstrating ample financial resources to support future buyback activities and further boosting market confidence in its stock.
- Flexibility in Repurchases: The buyback program has no expiration date, allowing the company to adjust the timing, method, and size of repurchases based on market conditions, which maximizes shareholder value through strategic capital allocation.
See More
