Versor Investments LP Buys Shares of 3,867 Cohen & Steers, Inc. (NYSE:CNS)

Versor Investments LP bought a new stake in Cohen & Steers, Inc. (NYSE:CNS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,867 shares of the asset manager's stock, valued at approximately $357,000.

A number of other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new stake in Cohen & Steers in the third quarter valued at approximately $31,000. Westside Investment Management Inc. acquired a new position in Cohen & Steers in the third quarter valued at $32,000. GAMMA Investing LLC raised its holdings in shares of Cohen & Steers by 19.5% in the fourth quarter. GAMMA Investing LLC now owns 729 shares of the asset manager's stock valued at $67,000 after buying an additional 119 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Cohen & Steers during the fourth quarter worth about $73,000. Finally, Farther Finance Advisors LLC increased its position in Cohen & Steers by 16.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the asset manager's stock valued at $79,000 after acquiring an additional 119 shares during the period. 51.47% of the stock is owned by institutional investors and hedge funds.

Cohen & Steers Trading Down 2.3 %

Shares of Cohen & Steers stock traded down $2.05 during trading hours on Monday, reaching $85.35. The stock had a trading volume of 208,007 shares, compared to its average volume of 193,750. Cohen & Steers, Inc. has a 1 year low of $64.13 and a 1 year high of $110.67. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 28.74 and a beta of 1.56. The firm has a 50 day simple moving average of $88.41 and a two-hundred day simple moving average of $93.51.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The asset manager reported $0.78 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 announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd will be paid a $0.62 dividend. The ex-dividend date of this dividend is Monday, March 3rd. 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 2.91%. Cohen & Steers's dividend payout ratio is 83.50%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI increased their price target on shares of Cohen & Steers from $110.00 to $111.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th.

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.