Cohen & Steers, Inc. (NYSE:CNS) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its holdings in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 42.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,065 shares of the asset manager's stock after selling 6,745 shares during the quarter. Jane Street Group LLC's holdings in Cohen & Steers were worth $837,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CNS. Barclays PLC increased its stake in Cohen & Steers by 286.1% in the third quarter. Barclays PLC now owns 50,765 shares of the asset manager's stock valued at $4,871,000 after purchasing an additional 37,616 shares during the period. KBC Group NV increased its position in Cohen & Steers by 27.4% in the 4th quarter. KBC Group NV now owns 1,412 shares of the asset manager's stock valued at $130,000 after acquiring an additional 304 shares during the period. R Squared Ltd acquired a new position in Cohen & Steers in the 4th quarter valued at about $73,000. Copeland Capital Management LLC raised its stake in Cohen & Steers by 0.5% during the 4th quarter. Copeland Capital Management LLC now owns 1,096,400 shares of the asset manager's stock valued at $101,242,000 after acquiring an additional 5,303 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Cohen & Steers by 21.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,391 shares of the asset manager's stock worth $1,810,000 after acquiring an additional 3,366 shares during the period. Institutional investors and hedge funds own 51.47% of the company's stock.

Analyst Ratings Changes

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

Cohen & Steers Trading Up 2.8%

Shares of NYSE:CNS traded up $2.15 during midday trading on Tuesday, hitting $77.90. The stock had a trading volume of 183,331 shares, compared to its average volume of 202,718. The company has a market capitalization of $3.97 billion, a PE ratio of 26.23 and a beta of 1.39. The stock has a 50 day moving average price of $77.42 and a two-hundred day moving average price of $86.54. Cohen & Steers, Inc. has a 1 year low of $67.09 and a 1 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 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $130.64 million. During the same period in the prior year, the firm posted $0.68 EPS.

Cohen & Steers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 12th were issued a $0.62 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $2.48 annualized dividend and a dividend yield of 3.18%. Cohen & Steers's dividend payout ratio is currently 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.