First Trust Advisors LP Has $3.88 Million Stock Holdings in Cohen & Steers, Inc. (NYSE:CNS)

First Trust Advisors LP increased its holdings in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 426.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,960 shares of the asset manager's stock after purchasing an additional 33,983 shares during the period. First Trust Advisors LP owned approximately 0.08% of Cohen & Steers worth $3,875,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CNS. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Cohen & Steers by 21.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,391 shares of the asset manager's stock valued at $1,810,000 after purchasing an additional 3,366 shares during the period. Principal Financial Group Inc. boosted its holdings in Cohen & Steers by 3.0% in the fourth quarter. Principal Financial Group Inc. now owns 130,825 shares of the asset manager's stock valued at $12,080,000 after acquiring an additional 3,835 shares during the last quarter. Norges Bank acquired a new stake in shares of Cohen & Steers in the 4th quarter valued at approximately $34,166,000. Pillar Financial Advisors LLC bought a new position in shares of Cohen & Steers during the 4th quarter valued at about $575,000. Finally, Barclays PLC raised its holdings in shares of Cohen & Steers by 286.1% during the third quarter. Barclays PLC now owns 50,765 shares of the asset manager's stock worth $4,871,000 after acquiring an additional 37,616 shares during the period. 51.47% of the stock is currently owned by institutional investors.

Cohen & Steers Trading Up 0.6 %

Shares of NYSE CNS traded up $0.48 during mid-day trading on Thursday, hitting $78.16. The company had a trading volume of 18,708 shares, compared to its average volume of 201,992. Cohen & Steers, Inc. has a one year low of $67.09 and a one year high of $110.67. The company has a market capitalization of $3.98 billion, a PE ratio of 26.32 and a beta of 1.39. The firm has a 50-day simple moving average of $77.74 and a two-hundred day simple moving average of $88.62.

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

Cohen & Steers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 12th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date is Monday, May 12th. Cohen & Steers's dividend payout ratio (DPR) is presently 81.05%.

Analyst Upgrades and Downgrades

Separately, Evercore ISI decreased their price objective on Cohen & Steers from $94.00 to $78.00 and set an "outperform" rating for the company in a 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.