Cohen & Steers Stock Down 2.6 %
Shares of CNS opened at $64.99 on Friday. Cohen & Steers has a 12-month low of $52.34 and a 12-month high of $100.26. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of 15.81 and a beta of 1.29. The stock’s 50-day moving average price is $63.97 and its 200 day moving average price is $69.03.
Cohen & Steers (NYSE:CNS – Get Rating) last issued its quarterly earnings results on Thursday, October 20th. The asset manager reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.02). Cohen & Steers had a net margin of 33.77% and a return on equity of 73.43%. The firm had revenue of $139.95 million for the quarter, compared to the consensus estimate of $139.54 million. During the same quarter in the prior year, the firm earned $1.06 earnings per share. The company’s revenue was down 9.2% on a year-over-year basis.
Cohen & Steers Increases Dividend
Institutional Investors Weigh In On Cohen & Steers
Several large investors have recently modified their holdings of the stock. Parallel Advisors LLC grew its position in Cohen & Steers by 725.7% during the 1st quarter. Parallel Advisors LLC now owns 289 shares of the asset manager’s stock worth $25,000 after acquiring an additional 254 shares during the last quarter. Valley National Advisers Inc. bought a new stake in Cohen & Steers during the 1st quarter worth approximately $25,000. Signaturefd LLC grew its position in Cohen & Steers by 250.5% during the 1st quarter. Signaturefd LLC now owns 340 shares of the asset manager’s stock worth $29,000 after acquiring an additional 243 shares during the last quarter. Van ECK Associates Corp grew its position in Cohen & Steers by 67.0% during the 3rd quarter. Van ECK Associates Corp now owns 481 shares of the asset manager’s stock worth $30,000 after acquiring an additional 193 shares during the last quarter. Finally, Eagle Bay Advisors LLC grew its position in Cohen & Steers by 57.8% during the 2nd quarter. Eagle Bay Advisors LLC now owns 868 shares of the asset manager’s stock worth $55,000 after acquiring an additional 318 shares during the last quarter. 48.03% of the stock is currently owned by institutional investors.
About Cohen & Steers
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.
- Get a free copy of the StockNews.com research report on Cohen & Steers (CNS)
- Wayfair Still Has Its Fair Share of Issues
- Why did NIO take a $581.11 million loss last quarter?
- Take Two Interactive Software Stock is Taking One Step Back
- This Mid-Cap Tech Stock Embodies Diversified Growth
- Is It Time To Take A Ride With Joby Aviation’s EV Innovations?
Receive News & Ratings for Cohen & Steers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers and related companies with MarketBeat.com's FREE daily email newsletter.