Atria Investments Inc Has $511,000 Stake in Cohen & Steers, Inc. (NYSE:CNS)

Atria Investments Inc decreased its holdings in shares of Cohen & Steers, Inc. (NYSE:CNS) by 16.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,538 shares of the asset manager’s stock after selling 1,062 shares during the period. Atria Investments Inc’s holdings in Cohen & Steers were worth $511,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in Cohen & Steers by 19.5% during the fourth quarter. GAMMA Investing LLC now owns 729 shares of the asset manager’s stock worth $67,000 after purchasing an additional 119 shares during the last quarter. Mendel Capital Management LLC boosted its holdings in Cohen & Steers by 3.3% during the third quarter. Mendel Capital Management LLC now owns 4,495 shares of the asset manager’s stock worth $431,000 after purchasing an additional 145 shares during the last quarter. Horizon Kinetics Asset Management LLC boosted its holdings in Cohen & Steers by 4.0% during the third quarter. Horizon Kinetics Asset Management LLC now owns 4,478 shares of the asset manager’s stock worth $430,000 after purchasing an additional 172 shares during the last quarter. Monument Capital Management lifted its stake in Cohen & Steers by 6.6% in the fourth quarter. Monument Capital Management now owns 2,998 shares of the asset manager’s stock valued at $277,000 after acquiring an additional 186 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in Cohen & Steers by 4.8% in the third quarter. MML Investors Services LLC now owns 5,045 shares of the asset manager’s stock valued at $484,000 after acquiring an additional 229 shares during the last quarter. Institutional investors and hedge funds own 51.47% of the company’s stock.

Cohen & Steers Price Performance

Shares of CNS stock opened at $77.84 on Friday. The stock has a market cap of $3.97 billion, a P/E ratio of 26.21 and a beta of 1.55. The company has a fifty day moving average price of $86.37 and a two-hundred day moving average price of $93.19. Cohen & Steers, Inc. has a one year low of $64.13 and a one year high of $110.67.

Cohen & Steers (NYSE:CNS) last announced its quarterly earnings results 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 net margin of 29.24% and a return on equity of 33.13%.

Cohen & Steers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Cohen & Steers’s previous quarterly dividend of $0.59. 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.