BTIM Corp. cut its position in shares of Cohen & Steers Inc. (NYSE:CNS) by 0.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 840,110 shares of the company’s stock after selling 511 shares during the period. BTIM Corp. owned approximately 1.83% of Cohen & Steers worth $35,915,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CNS. Emerald Acquisition Ltd. bought a new stake in Cohen & Steers during the second quarter worth $13,173,000. Dimensional Fund Advisors LP boosted its stake in shares of Cohen & Steers by 41.8% in the second quarter. Dimensional Fund Advisors LP now owns 446,497 shares of the company’s stock worth $18,055,000 after buying an additional 131,703 shares during the period. Palisade Capital Management LLC NJ purchased a new stake in shares of Cohen & Steers during the second quarter worth approximately $4,075,000. New Amsterdam Partners LLC NY boosted its stake in shares of Cohen & Steers by 117.2% in the second quarter. New Amsterdam Partners LLC NY now owns 166,367 shares of the company’s stock worth $6,728,000 after buying an additional 89,767 shares during the period. Finally, FMR LLC boosted its stake in shares of Cohen & Steers by 52.7% in the second quarter. FMR LLC now owns 232,600 shares of the company’s stock worth $9,406,000 after buying an additional 80,300 shares during the period. Institutional investors and hedge funds own 44.53% of the company’s stock.

Institutional Ownership by Quarter for Cohen & Steers (NYSE:CNS)

Cohen & Steers Inc. (NYSE:CNS) traded down 0.31% during trading on Wednesday, hitting $35.59. 18,186 shares of the stock were exchanged. The stock has a 50 day moving average of $36.70 and a 200-day moving average of $40.03. The stock has a market cap of $1.63 billion, a P/E ratio of 20.79 and a beta of 1.51. Cohen & Steers Inc. has a 52 week low of $26.72 and a 52 week high of $43.83.

Cohen & Steers (NYSE:CNS) last issued its earnings results on Wednesday, October 19th. The company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. The company had revenue of $94.39 million for the quarter, compared to analysts’ expectations of $1.02 million. Cohen & Steers had a net margin of 21.24% and a return on equity of 32.61%. The firm’s revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 EPS. Equities analysts expect that Cohen & Steers Inc. will post $1.89 EPS for the current fiscal year.

The firm also recently announced a dividend, which will be paid on Wednesday, December 14th. Investors of record on Wednesday, November 23rd will be given a $0.76 dividend. The ex-dividend date of this dividend is Monday, November 21st. This is a boost from Cohen & Steers’s previous dividend of $0.25. Cohen & Steers’s dividend payout ratio (DPR) is presently 66.67%.

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A number of analysts have commented on CNS shares. Credit Suisse Group AG set a $42.00 price target on shares of Cohen & Steers and gave the company a “hold” rating in a research report on Sunday, September 18th. Zacks Investment Research cut shares of Cohen & Steers from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 25th. Finally, Keefe, Bruyette & Woods set a $45.00 price target on shares of Cohen & Steers and gave the company a “hold” rating in a research report on Friday, October 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $44.40.

Cohen & Steers Company Profile

Cohen & Steers, Inc is a holding company. The Company is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Company serves institutional and individual investors around the world.

5 Day Chart for NYSE:CNS

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