Cohen & Steers, Inc. (NYSE:CNS) announced a quarterly dividend on Thursday, November 7th, Fidelity reports. Stockholders of record on Monday, November 18th will be paid a dividend of 2.00 per share by the asset manager on Tuesday, December 3rd. This represents a $8.00 annualized dividend and a dividend yield of 12.18%. The ex-dividend date is Friday, November 15th. This is a positive change from Cohen & Steers’s previous quarterly dividend of $0.76.

Shares of NYSE CNS opened at $65.69 on Thursday. The firm’s 50-day moving average price is $60.19 and its 200-day moving average price is $53.87. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of 27.37, a P/E/G ratio of 3.21 and a beta of 0.90. Cohen & Steers has a 12-month low of $32.95 and a 12-month high of $68.01.

Cohen & Steers (NYSE:CNS) last issued its quarterly earnings results on Wednesday, October 16th. The asset manager reported $0.65 EPS for the quarter, beating the consensus estimate of $0.63 by $0.02. The company had revenue of $104.97 million for the quarter, compared to the consensus estimate of $102.42 million. Cohen & Steers had a net margin of 31.26% and a return on equity of 48.33%. The firm’s revenue was up 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.64 EPS. On average, equities analysts forecast that Cohen & Steers will post 2.51 EPS for the current fiscal year.

Several equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of Cohen & Steers from a “sell” rating to a “hold” rating and set a $57.00 price target on the stock in a report on Tuesday, August 27th. ValuEngine downgraded shares of Cohen & Steers from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, Evercore ISI reiterated a “buy” rating and set a $65.00 price target on shares of Cohen & Steers in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. Cohen & Steers has a consensus rating of “Hold” and an average target price of $50.00.

In related news, CAO Elena Dulik sold 1,000 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $54.54, for a total transaction of $54,540.00. Following the transaction, the chief accounting officer now directly owns 18,478 shares in the company, valued at approximately $1,007,790.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 50.63% of the company’s stock.

Cohen & Steers Company Profile

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.

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Dividend History for Cohen & Steers (NYSE:CNS)

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