2 weeks Ago By Defense World Staff
Bank of Montreal Can lifted its position in Cohen & Steers, Inc. ( NYSE:CNS – Free Report ) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 3,528 shares of the asset manager’s stock after buying an additional 310 shares during the quarter. Bank of Montreal Can’s holdings in Cohen & Steers were worth $326,000 as of its most recent SEC filing. Other large investors have also recently added to or reduced their stakes in the company.
Westside Investment Management Inc. bought a new position in shares of Cohen & Steers during the 3rd quarter worth approximately $32,000. GAMMA Investing LLC lifted its position in Cohen & Steers by 19.
5% during the fourth quarter. GAMMA Investing LLC now owns 729 shares of the asset manager’s stock worth $67,000 after acquiring an additional 119 shares during the last quarter. R Squared Ltd acquired a new stake in Cohen & Steers during the fourth quarter worth approximately $73,000.
Harvest Fund Management Co. Ltd bought a new stake in shares of Cohen & Steers during the fourth quarter worth approximately $101,000. Finally, KBC Group NV boosted its stake in Cohen & Steers by 27.
4% in the 4th quarter. KBC Group NV now owns 1,412 shares of the asset manager’s stock valued at $130,000 after purchasing an additional 304 shares during the period. Institutional investors and hedge funds own 51.
47% of the company’s stock. Analyst Ratings Changes Separately, Evercore ISI dropped their target price on Cohen & Steers from $94.00 to $78.
00 and set an “outperform” rating for the company in a report on Friday, April 11th. Cohen & Steers Stock Up 0.1 % Shares of Cohen & Steers stock opened at $74.
37 on Thursday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 25.
04 and a beta of 1.46. The firm’s 50-day moving average price is $79.
65 and its two-hundred day moving average price is $89.99. Cohen & Steers, Inc.
has a 12-month low of $67.09 and a 12-month high of $110.67.
Cohen & Steers ( NYSE:CNS – Get Free Report ) last issued its earnings results on Wednesday, April 16th. The asset manager reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.
76 by ($0.01). Cohen & Steers had a return on equity of 33.
13% and a net margin of 29.24%. The firm had revenue of $133.
79 million for the quarter, compared to analyst estimates of $130.64 million. During the same period in the previous year, the company earned $0.
68 earnings per share. Cohen & Steers Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Monday, March 3rd were issued a dividend of $0.
62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.
33%. The ex-dividend date was Monday, March 3rd. This is an increase from Cohen & Steers’s previous quarterly dividend of $0.
59. Cohen & Steers’s dividend payout ratio (DPR) is 81.05%.
Cohen & Steers Profile ( Free Report ) Cohen & Steers, Inc is a holding company, which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds and closed-end funds. Featured Articles Five stocks we like better than Cohen & Steers Growth Stocks: What They Are, Examples and How to Invest Can IBM’s Q1 Earnings Spark a Breakout for the Stock? What Does a Stock Split Mean? S&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry? 3 Healthcare Dividend Stocks to Buy Fundamentally Sound, These 5 Stocks Sold Off Anyway Want to see what other hedge funds are holding CNS? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Cohen & Steers, Inc. ( NYSE:CNS – Free Report ). Receive News & Ratings for Cohen & Steers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers and related companies with MarketBeat.
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