Quantbot Technologies LP Acquires New Shares in Cohen & Steers, Inc. (NYSE:CNS)

Quantbot Technologies LP bought a new stake in Cohen & Steers, Inc. (NYSE:CNS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,214 shares of the asset manager's stock, valued at approximately $2,421,000. Quantbot Technologies LP owned 0.05% of Cohen & Steers as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CNS. Westside Investment Management Inc. bought a new position in shares of Cohen & Steers during the 3rd quarter worth about $32,000. GAMMA Investing LLC boosted 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 acquiring an additional 119 shares in the last quarter. R Squared Ltd bought a new position in Cohen & Steers in the fourth quarter worth approximately $73,000. Harvest Fund Management Co. Ltd acquired a new stake in Cohen & Steers in the fourth quarter valued at approximately $101,000. Finally, KBC Group NV increased its holdings in shares of Cohen & Steers by 27.4% during the fourth quarter. KBC Group NV now owns 1,412 shares of the asset manager's stock valued at $130,000 after acquiring an additional 304 shares in the last quarter. Institutional investors own 51.47% of the company's stock.

Cohen & Steers Stock Down 0.9 %

CNS traded down $0.74 during trading on Thursday, hitting $79.95. 135,804 shares of the company's stock were exchanged, compared to its average volume of 221,817. Cohen & Steers, Inc. has a fifty-two week low of $64.13 and a fifty-two week high of $110.67. The stock has a market cap of $4.08 billion, a P/E ratio of 26.92 and a beta of 1.55. The business's 50 day moving average is $85.07 and its two-hundred day moving average is $92.73.

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Cohen & Steers (NYSE:CNS - Get Free Report) last announced its 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 Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.48 annualized dividend and a dividend yield of 3.10%. Cohen & Steers's dividend payout ratio is presently 83.50%.

About Cohen & Steers

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.