Shares of Cousins Properties Incorporated (CUZ) Sees Large Inflow of Net Money Flow

Cousins Properties Incorporated (CUZ) : $6.95 million worth of transactions were on upticks in Cousins Properties Incorporated (CUZ), compared to $2.59 million on downticks. The ratio between the two was 2.68, whereas, the net money flow stood at a healthy $4.36 million on Mondays session.The block trades show a bullish bias with only $0.61 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $5.06million worth of trades. The up-down ratio between the uptick and downtick was 8.3, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $4.45 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.36%. The stock was trading at $11, with a drop of $0.04 over the previous days close. The stock recorded 4.27% for the week.


Cousins Properties Incorporated is up 7.07% in the last 3-month period. Year-to-Date the stock performance stands at 18.65%. Shares of Cousins Properties Incorporated rose by 3.87% in the last five trading days and 6.8% for the last 4 weeks. In a related news, Gellerstedt Lawrence L Iii, CEO of Cousins Properties Inc, had purchased 11,750 shares on February 17, 2016. The total value of the transaction was $99,640. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Cousins Properties Incorporated (NYSE:CUZ): On Mondays trading session , Opening price of the stock was $11.03 with an intraday high of $11.06. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $10.9. However, the stock managed to close at $11, a loss of 0.36% for the day. On the previous day, the stock had closed at $11.04. The total traded volume of the day was 2,163,975 shares.

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 Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 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.

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