Vanguard Group Inc. Buys 22,012 Shares of Cohen & Steers, Inc. (NYSE:CNS)

Vanguard Group Inc. lifted its stake in shares of Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,319,673 shares of the asset manager's stock after acquiring an additional 22,012 shares during the period. Vanguard Group Inc. owned approximately 6.57% of Cohen & Steers worth $306,539,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. State Street Corp boosted its holdings in shares of Cohen & Steers by 0.8% in the 3rd quarter. State Street Corp now owns 1,098,165 shares of the asset manager's stock valued at $105,369,000 after buying an additional 8,774 shares during the last quarter. Copeland Capital Management LLC raised its position in Cohen & Steers by 0.5% during the fourth quarter. Copeland Capital Management LLC now owns 1,096,400 shares of the asset manager's stock worth $101,242,000 after acquiring an additional 5,303 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Cohen & Steers by 5.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,004,433 shares of the asset manager's stock valued at $92,749,000 after acquiring an additional 52,846 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Cohen & Steers by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 709,323 shares of the asset manager's stock valued at $68,071,000 after acquiring an additional 33,414 shares during the period. Finally, Congress Asset Management Co. increased its stake in shares of Cohen & Steers by 22.0% during the 4th quarter. Congress Asset Management Co. now owns 528,082 shares of the asset manager's stock worth $48,763,000 after purchasing an additional 95,185 shares during the last quarter. 51.47% of the stock is currently owned by institutional investors.

Cohen & Steers Stock Down 4.4 %

Shares of CNS stock traded down $3.23 on Tuesday, reaching $70.07. The stock had a trading volume of 223,167 shares, compared to its average volume of 233,755. Cohen & Steers, Inc. has a 12 month low of $64.13 and a 12 month high of $110.67. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 23.59 and a beta of 1.46. The firm's 50-day moving average is $82.68 and its two-hundred day moving average is $91.64.

Cohen & Steers (NYSE:CNS - Get Free Report) last released 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 firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were issued 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 was Monday, March 3rd. This represents a $2.48 annualized dividend and a yield of 3.54%. Cohen & Steers's dividend payout ratio (DPR) is currently 83.50%.

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.