Cohen & Steers, Inc. (NYSE:CNS) Holdings Raised by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Cohen & Steers, Inc. (NYSE:CNS) by 15.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,500 shares of the asset manager’s stock after acquiring an additional 1,293 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cohen & Steers were worth $877,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC increased its position in Cohen & Steers by 19.5% in the 4th 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. Horizon Kinetics Asset Management LLC increased its holdings in Cohen & Steers by 4.0% in the third quarter. Horizon Kinetics Asset Management LLC now owns 4,478 shares of the asset manager’s stock worth $430,000 after buying an additional 172 shares during the last quarter. Monument Capital Management raised its position in Cohen & Steers by 6.6% during 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 in the last quarter. 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. Finally, Harbor Capital Advisors Inc. grew its position in Cohen & Steers by 0.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 26,353 shares of the asset manager’s stock worth $2,433,000 after acquiring an additional 245 shares in the last quarter. 51.47% of the stock is owned by institutional investors and hedge funds.

Cohen & Steers Trading Down 0.7 %

Cohen & Steers stock opened at $78.89 on Friday. The company has a market capitalization of $4.02 billion, a P/E ratio of 26.56 and a beta of 1.55. Cohen & Steers, Inc. has a 1-year low of $64.13 and a 1-year high of $110.67. The firm’s fifty day simple moving average is $85.52 and its 200-day simple moving average is $92.91.

Cohen & Steers (NYSE:CNS) last released its quarterly earnings results on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.14%. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from Cohen & Steers’s previous quarterly dividend of $0.59. Cohen & Steers’s dividend payout ratio (DPR) is 83.50%.

Cohen & Steers 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.