Boston Trust Walden Corp Has $73.14 Million Position in Cohen & Steers Inc (NYSE:CNS)

Boston Trust Walden Corp cut its holdings in shares of Cohen & Steers Inc (NYSE:CNS - Free Report) by 1.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 911,431 shares of the asset manager's stock after selling 9,152 shares during the quarter. Boston Trust Walden Corp owned 1.79% of Cohen & Steers worth $73,142,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CNS. Principal Financial Group Inc. boosted its position in Cohen & Steers by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 130,825 shares of the asset manager's stock worth $12,080,000 after acquiring an additional 3,835 shares during the period. Venturi Wealth Management LLC boosted its position in Cohen & Steers by 23.4% during the 4th quarter. Venturi Wealth Management LLC now owns 4,559 shares of the asset manager's stock worth $421,000 after acquiring an additional 866 shares during the period. Los Angeles Capital Management LLC acquired a new stake in Cohen & Steers during the 4th quarter worth about $1,187,000. Illinois Municipal Retirement Fund boosted its position in Cohen & Steers by 7.8% during the 4th quarter. Illinois Municipal Retirement Fund now owns 14,757 shares of the asset manager's stock worth $1,363,000 after acquiring an additional 1,074 shares during the period. Finally, Versor Investments LP acquired a new stake in Cohen & Steers during the 4th quarter worth about $357,000. 51.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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 research report on Friday, April 11th.

Cohen & Steers Stock Performance

Shares of Cohen & Steers stock traded up $0.29 during trading on Friday, hitting $74.80. 248,923 shares of the stock traded hands, compared to its average volume of 202,297. The stock has a market cap of $3.81 billion, a P/E ratio of 24.44 and a beta of 1.35. Cohen & Steers Inc has a twelve month low of $68.99 and a twelve month high of $110.67. The company has a fifty day moving average price of $76.96 and a two-hundred day moving average price of $83.14.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The asset manager reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.01). The firm had revenue of $133.79 million for the quarter, compared to analyst estimates of $130.64 million. Cohen & Steers had a net margin of 29.68% and a return on equity of 30.46%. During the same quarter in the prior year, the firm earned $0.68 earnings per share.

Cohen & Steers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 12th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $2.48 annualized dividend and a dividend yield of 3.32%. Cohen & Steers's dividend payout ratio is 81.05%.

About Cohen & Steers

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.