Cohen & Steers, Inc. (NYSE:CNS)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $35.23 and last traded at $35.95, with a volume of 1274 shares. The stock had previously closed at $38.49.

A number of equities analysts have commented on CNS shares. ValuEngine raised shares of Cohen & Steers from a “sell” rating to a “hold” rating in a research note on Thursday, July 26th. Zacks Investment Research cut shares of Cohen & Steers from a “buy” rating to a “hold” rating in a research note on Tuesday, September 25th. Finally, Credit Suisse Group cut their price target on shares of Cohen & Steers from $42.00 to $41.00 and set a “neutral” rating for the company in a research note on Friday, July 20th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Cohen & Steers currently has a consensus rating of “Hold” and a consensus price target of $44.50.

The company has a market cap of $1.75 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.72 and a beta of 1.09.

Cohen & Steers (NYSE:CNS) last announced its quarterly earnings data on Wednesday, October 17th. The asset manager reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.02. Cohen & Steers had a net margin of 28.13% and a return on equity of 38.16%. The company had revenue of $98.30 million during the quarter, compared to analysts’ expectations of $99.05 million. During the same quarter in the prior year, the company earned $0.55 EPS. The firm’s revenue was up 1.5% on a year-over-year basis. Analysts anticipate that Cohen & Steers, Inc. will post 2.45 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Monday, November 19th will be paid a $0.33 dividend. The ex-dividend date is Friday, November 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.69%. Cohen & Steers’s dividend payout ratio (DPR) is 63.77%.

Several institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Cohen & Steers by 33.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,499 shares of the asset manager’s stock valued at $229,000 after purchasing an additional 1,391 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Cohen & Steers by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 19,869 shares of the asset manager’s stock valued at $808,000 after purchasing an additional 1,841 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Cohen & Steers by 14.8% in the 3rd quarter. Brown Advisory Inc. now owns 17,550 shares of the asset manager’s stock valued at $713,000 after purchasing an additional 2,269 shares in the last quarter. Carillon Tower Advisers Inc. boosted its stake in shares of Cohen & Steers by 2.0% in the 3rd quarter. Carillon Tower Advisers Inc. now owns 116,834 shares of the asset manager’s stock valued at $4,745,000 after purchasing an additional 2,271 shares in the last quarter. Finally, Capital Impact Advisors LLC boosted its stake in shares of Cohen & Steers by 5.7% in the 3rd quarter. Capital Impact Advisors LLC now owns 46,332 shares of the asset manager’s stock valued at $1,891,000 after purchasing an additional 2,491 shares in the last quarter. 49.16% of the stock is owned by institutional investors.

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Cohen & Steers Company Profile (NYSE:CNS)

Cohen & Steers, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

See Also: Initial Public Offering (IPO)

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