Winslow Asset Management Inc. Has $9.70 Million Stock Holdings in Cohen & Steers, Inc. (NYSE:CNS)

Winslow Asset Management Inc. trimmed its holdings in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 105,018 shares of the asset manager's stock after selling 4,817 shares during the quarter. Cohen & Steers accounts for about 1.9% of Winslow Asset Management Inc.'s portfolio, making the stock its 15th biggest holding. Winslow Asset Management Inc. owned 0.21% of Cohen & Steers worth $9,697,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new stake in shares of Cohen & Steers in the 3rd quarter worth approximately $31,000. Westside Investment Management Inc. bought a new position in shares of Cohen & Steers in the third quarter valued at $32,000. GAMMA Investing LLC increased 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 in the last quarter. R Squared Ltd acquired a new stake in shares of Cohen & Steers during the 4th quarter valued at $73,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Cohen & Steers by 16.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the asset manager's stock worth $79,000 after acquiring an additional 119 shares in the last quarter. Institutional investors own 51.47% of the company's stock.

Wall Street Analysts Forecast Growth

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

Cohen & Steers Trading Down 2.3 %

Shares of CNS traded down $2.05 during midday trading on Monday, hitting $85.35. The stock had a trading volume of 208,007 shares, compared to its average volume of 193,750. The business has a 50-day simple moving average of $88.41 and a two-hundred day simple moving average of $93.51. The firm has a market cap of $4.35 billion, a P/E ratio of 28.74 and a beta of 1.56. Cohen & Steers, Inc. has a fifty-two week low of $64.13 and a fifty-two week high of $110.67.

Cohen & Steers (NYSE:CNS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The asset manager reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.80 by ($0.02). Cohen & Steers had a return on equity of 33.13% and a net margin of 29.24%.

Cohen & Steers Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd will be 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 of this dividend is Monday, March 3rd. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.91%. Cohen & Steers's payout ratio 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.