Consolidated Planning Corp Acquires Shares of 5,601 Cohen & Steers, Inc. (NYSE:CNS)

Consolidated Planning Corp acquired a new stake in shares of Cohen & Steers, Inc. (NYSE:CNS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 5,601 shares of the asset manager's stock, valued at approximately $517,000.

A number of other hedge funds have also added to or reduced their stakes in CNS. Ashton Thomas Securities LLC purchased a new position in Cohen & Steers during the 3rd quarter valued at $31,000. Westside Investment Management Inc. purchased a new stake in shares of Cohen & Steers in the 3rd quarter worth about $32,000. GAMMA Investing LLC grew its position in shares of Cohen & Steers by 64.9% in the 3rd quarter. GAMMA Investing LLC now owns 610 shares of the asset manager's stock worth $59,000 after buying an additional 240 shares during the period. Signaturefd LLC grew its position in shares of Cohen & Steers by 19.8% in the 3rd quarter. Signaturefd LLC now owns 648 shares of the asset manager's stock worth $62,000 after buying an additional 107 shares during the period. Finally, R Squared Ltd purchased a new stake in shares of Cohen & Steers in the 4th quarter worth about $73,000. 51.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Evercore ISI upped their target price on shares of Cohen & Steers from $110.00 to $111.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th.

Cohen & Steers Stock Up 0.9 %

Shares of NYSE:CNS traded up $0.78 during midday trading on Friday, reaching $85.18. The company's stock had a trading volume of 82,018 shares, compared to its average volume of 215,597. The firm has a 50 day moving average of $90.64 and a 200-day moving average of $93.19. The firm has a market capitalization of $4.31 billion, a P/E ratio of 28.68 and a beta of 1.56. Cohen & Steers, Inc. has a 12-month low of $64.13 and a 12-month high of $110.67.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The asset manager reported $0.78 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.02). Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%.

Cohen & Steers Company Profile

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.