Campbell & CO Investment Adviser LLC Acquires 7,379 Shares of Cohen & Steers Inc $CNS

Campbell & CO Investment Adviser LLC increased its holdings in Cohen & Steers Inc (NYSE:CNS) by 188.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,299 shares of the asset manager’s stock after purchasing an additional 7,379 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Cohen & Steers were worth $741,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in shares of Cohen & Steers by 0.9% during the second quarter. Thrivent Financial for Lutherans now owns 19,867 shares of the asset manager’s stock valued at $1,497,000 after buying an additional 185 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Cohen & Steers by 0.8% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 30,194 shares of the asset manager’s stock valued at $2,276,000 after acquiring an additional 229 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in Cohen & Steers by 345.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 383 shares of the asset manager’s stock valued at $31,000 after acquiring an additional 297 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in Cohen & Steers by 5.2% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 6,100 shares of the asset manager’s stock worth $460,000 after purchasing an additional 300 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of Cohen & Steers by 6.0% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 6,209 shares of the asset manager’s stock valued at $468,000 after purchasing an additional 353 shares during the last quarter. 51.47% of the stock is owned by hedge funds and other institutional investors.

Cohen & Steers Stock Performance

NYSE CNS opened at $68.78 on Wednesday. The company has a market cap of $3.51 billion, a P/E ratio of 21.56, a P/E/G ratio of 2.09 and a beta of 1.29. The business’s 50 day moving average price is $63.87 and its 200-day moving average price is $68.76. Cohen & Steers Inc has a fifty-two week low of $58.39 and a fifty-two week high of $91.07.

Cohen & Steers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Monday, November 10th were paid a $0.62 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $2.48 annualized dividend and a dividend yield of 3.6%. Cohen & Steers’s dividend payout ratio is currently 77.74%.

Analyst Ratings Changes

Several brokerages have recently issued reports on CNS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cohen & Steers in a report on Wednesday, October 8th. Zacks Research cut Cohen & Steers from a “hold” rating to a “strong sell” rating in a report on Thursday, January 15th. Bank of America upped their price objective on Cohen & Steers from $66.00 to $68.00 and gave the stock an “underperform” rating in a report on Thursday, October 2nd. Finally, Evercore ISI increased their target price on Cohen & Steers from $74.00 to $77.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $72.50.

Insider Buying and Selling at Cohen & Steers

In other news, Director Martin Cohen bought 12,708 shares of the stock in a transaction dated Thursday, November 20th. The stock was purchased at an average price of $60.83 per share, for a total transaction of $773,027.64. Following the acquisition, the director owned 949,205 shares of the company’s stock, valued at $57,740,140.15. The trade was a 1.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have acquired a total of 100,000 shares of company stock valued at $5,982,368 over the last quarter. Corporate insiders own 45.60% of the company’s stock.

Cohen & Steers Profile

Cohen & Steers, Inc is a publicly traded investment management firm specializing in real estate securities and alternative income strategies. Founded in 1986 by Martin Cohen and Robert Steers, the company has built a reputation for expertise in listed real estate investment trusts (REITs) and related equities. Headquartered in New York City, Cohen & Steers applies a research-driven approach to identify value and income opportunities across global property markets.

The firm offers a diverse range of investment products, including mutual funds, closed-end funds, and exchange-traded funds (ETFs).