Cohen & Steers, Inc. (NYSE:CNS) Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC trimmed its position in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 55.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,402 shares of the asset manager's stock after selling 57,039 shares during the period. Aristotle Capital Boston LLC owned about 0.09% of Cohen & Steers worth $4,192,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Cohen & Steers by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 3,319,673 shares of the asset manager's stock valued at $306,539,000 after buying an additional 22,012 shares in the last quarter. Copeland Capital Management LLC boosted its stake in shares of Cohen & Steers by 0.5% in the fourth quarter. Copeland Capital Management LLC now owns 1,096,400 shares of the asset manager's stock worth $101,242,000 after acquiring an additional 5,303 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Cohen & Steers by 5.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,004,433 shares of the asset manager's stock worth $92,749,000 after purchasing an additional 52,846 shares in the last quarter. Invesco Ltd. raised its stake in Cohen & Steers by 5.8% during the 4th quarter. Invesco Ltd. now owns 883,805 shares of the asset manager's stock valued at $81,611,000 after purchasing an additional 48,683 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Cohen & Steers by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 724,849 shares of the asset manager's stock worth $66,946,000 after purchasing an additional 15,526 shares in the last quarter. Hedge funds and other institutional investors own 51.47% of the company's stock.

Cohen & Steers Price Performance

Shares of NYSE:CNS traded down $0.05 during trading on Friday, hitting $79.91. The company had a trading volume of 101,687 shares, compared to its average volume of 202,535. The company has a fifty day simple moving average of $77.63 and a two-hundred day simple moving average of $88.45. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 26.91 and a beta of 1.39. Cohen & Steers, Inc. has a one year low of $67.09 and a one year high of $110.67.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The asset manager reported $0.75 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.01). Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%. The business had revenue of $133.79 million during the quarter, compared to the consensus estimate of $130.64 million. During the same period last year, the company earned $0.68 EPS.

Cohen & Steers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Monday, May 12th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Monday, May 12th. Cohen & Steers's dividend payout ratio (DPR) is 81.05%.

Wall Street Analyst Weigh In

Separately, Evercore ISI reduced their price objective on shares of Cohen & Steers from $94.00 to $78.00 and set an "outperform" rating on the stock in a research report on Friday, April 11th.

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.