Copeland Capital Management LLC Has $101.24 Million Position in Cohen & Steers, Inc. (NYSE:CNS)

Copeland Capital Management LLC grew its holdings in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 0.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,096,400 shares of the asset manager's stock after purchasing an additional 5,303 shares during the quarter. Cohen & Steers comprises 1.9% of Copeland Capital Management LLC's portfolio, making the stock its 6th biggest holding. Copeland Capital Management LLC owned approximately 2.17% of Cohen & Steers worth $101,242,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in Cohen & Steers during the 3rd quarter valued at $31,000. Westside Investment Management Inc. bought a new stake in shares of Cohen & Steers in the 3rd quarter worth approximately $32,000. GAMMA Investing LLC grew its holdings in shares of Cohen & Steers by 64.9% during the 3rd quarter. GAMMA Investing LLC now owns 610 shares of the asset manager's stock worth $59,000 after purchasing an additional 240 shares in the last quarter. Signaturefd LLC raised its stake in shares of Cohen & Steers by 19.8% in the third quarter. Signaturefd LLC now owns 648 shares of the asset manager's stock valued at $62,000 after purchasing an additional 107 shares in the last quarter. Finally, R Squared Ltd bought a new position in shares of Cohen & Steers during the 4th quarter worth about $73,000. Institutional investors own 51.47% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. UBS Group upgraded Cohen & Steers from a "sell" rating to a "neutral" rating and increased their price objective for the stock from $63.00 to $102.00 in a research note on Thursday, October 17th. Evercore ISI lifted their target price on shares of Cohen & Steers from $110.00 to $111.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th.

Cohen & Steers Stock Performance

CNS traded up $0.54 during midday trading on Wednesday, hitting $87.66. The company had a trading volume of 139,188 shares, compared to its average volume of 203,784. Cohen & Steers, Inc. has a twelve month low of $64.13 and a twelve month high of $110.67. The firm's 50-day simple moving average is $93.26 and its 200-day simple moving average is $93.10. The company has a market capitalization of $4.43 billion, a PE ratio of 29.51 and a beta of 1.56.

Cohen & Steers (NYSE:CNS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share (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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Monday, November 18th were given a $0.59 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $2.36 annualized dividend and a dividend yield of 2.69%. Cohen & Steers's dividend payout ratio is currently 79.46%.

Cohen & Steers 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.