Nicholas Company Inc. reduced its stake in shares of Cohen & Steers, Inc. (NYSE:CNS – Free Report) by 7.0% in the 4th quarter, Holdings Channel reports. The fund owned 164,593 shares of the asset manager’s stock after selling 12,307 shares during the period. Nicholas Company Inc.’s holdings in Cohen & Steers were worth $15,199,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Westside Investment Management Inc. purchased a new position in Cohen & Steers during the third quarter valued at approximately $32,000. GAMMA Investing LLC increased its position 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 purchased a new stake in shares of Cohen & Steers in the fourth quarter valued at approximately $73,000. KBC Group NV purchased a new stake in shares of Cohen & Steers in the third quarter valued at approximately $106,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Cohen & Steers in the third quarter valued at approximately $211,000. 51.47% of the stock is currently owned by hedge funds and other institutional investors.
Cohen & Steers Price Performance
Cohen & Steers stock opened at $77.84 on Friday. The stock has a market capitalization of $3.97 billion, a PE ratio of 26.21 and a beta of 1.55. Cohen & Steers, Inc. has a 12 month low of $64.13 and a 12 month high of $110.67. The business has a 50 day simple moving average of $86.37 and a 200-day simple moving average of $93.19.
Cohen & Steers Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Monday, March 3rd were given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 3.19%. This is a boost from Cohen & Steers’s previous quarterly dividend of $0.59. The ex-dividend date was Monday, March 3rd. Cohen & Steers’s payout ratio is presently 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.
Featured Stories
- Five stocks we like better than Cohen & Steers
- Where to Find Earnings Call Transcripts
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Which Wall Street Analysts are the Most Accurate?
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- What Do S&P 500 Stocks Tell Investors About the Market?
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding CNS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohen & Steers, Inc. (NYSE:CNS – Free Report).
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.