Fox Run Management L.L.C. Invests $356,000 in Cohen & Steers, Inc. (NYSE:CNS)

Fox Run Management L.L.C. bought a new stake in shares of Cohen & Steers, Inc. (NYSE:CNS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,857 shares of the asset manager's stock, valued at approximately $356,000.

Other large investors have also modified their holdings of the company. Westside Investment Management Inc. bought a new position in Cohen & Steers in the third quarter worth approximately $32,000. GAMMA Investing LLC grew its holdings in Cohen & Steers by 19.5% in the fourth quarter. GAMMA Investing LLC now owns 729 shares of the asset manager's stock worth $67,000 after purchasing an additional 119 shares during the last quarter. R Squared Ltd acquired a new position in shares of Cohen & Steers during the fourth quarter worth $73,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Cohen & Steers during the 4th quarter valued at $101,000. Finally, KBC Group NV boosted its position in shares of Cohen & Steers by 27.4% in the 4th quarter. KBC Group NV now owns 1,412 shares of the asset manager's stock worth $130,000 after purchasing an additional 304 shares in the last quarter. Institutional investors own 51.47% of the company's stock.

Cohen & Steers Stock Performance

NYSE:CNS traded down $1.33 during mid-day trading on Friday, hitting $78.65. 129,518 shares of the company's stock traded hands, compared to its average volume of 229,921. The company has a fifty day moving average of $84.72 and a 200 day moving average of $92.63. Cohen & Steers, Inc. has a twelve month low of $64.13 and a twelve month high of $110.67. The company has a market capitalization of $4.01 billion, a P/E ratio of 26.48 and a beta of 1.55.

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Cohen & Steers (NYSE:CNS - Get Free Report) last posted its quarterly earnings data 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.62 per share. This is an increase from Cohen & Steers's previous quarterly dividend of $0.59. This represents a $2.48 annualized dividend and a dividend yield of 3.15%. The ex-dividend date was Monday, March 3rd. Cohen & Steers's payout ratio is presently 83.50%.

Cohen & Steers 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.