Cohen & Steers, Inc. (NYSE:CNS) Shares Sold by Hunter Perkins Capital Management LLC

Hunter Perkins Capital Management LLC reduced its stake in shares of Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 31.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,287 shares of the asset manager's stock after selling 7,531 shares during the period. Hunter Perkins Capital Management LLC's holdings in Cohen & Steers were worth $1,504,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in Cohen & Steers during the 3rd quarter worth about $31,000. Westside Investment Management Inc. acquired a new stake in Cohen & Steers during the 3rd quarter worth about $32,000. GAMMA Investing LLC lifted its holdings in shares of Cohen & Steers by 64.9% during the third quarter. GAMMA Investing LLC now owns 610 shares of the asset manager's stock worth $59,000 after purchasing an additional 240 shares during the period. Signaturefd LLC boosted its position in 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 buying an additional 107 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Cohen & Steers by 16.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the asset manager's stock worth $79,000 after buying an additional 119 shares during the period. 51.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Cohen & Steers Stock Up 1.5 %

Shares of CNS stock traded up $1.30 on Monday, hitting $90.12. The company had a trading volume of 207,200 shares, compared to its average volume of 219,063. The firm has a market cap of $4.56 billion, a P/E ratio of 30.34 and a beta of 1.55. The company has a 50-day moving average price of $95.00 and a 200-day moving average price of $92.74. Cohen & Steers, Inc. has a twelve month low of $64.13 and a twelve month high of $110.67.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.62%. Cohen & Steers's dividend payout ratio (DPR) is currently 79.46%.

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.