Cohen & Steers, Inc. (NYSE:CNS) Holdings Decreased by Tidal Investments LLC

Tidal Investments LLC lowered its position in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 68.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,044 shares of the asset manager's stock after selling 17,072 shares during the quarter. Tidal Investments LLC's holdings in Cohen & Steers were worth $743,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. State of Wyoming boosted its holdings in Cohen & Steers by 32.3% during the fourth quarter. State of Wyoming now owns 2,138 shares of the asset manager's stock worth $197,000 after buying an additional 522 shares in the last quarter. Snowden Capital Advisors LLC raised its holdings in Cohen & Steers by 5.4% in the 4th quarter. Snowden Capital Advisors LLC now owns 6,771 shares of the asset manager's stock valued at $625,000 after acquiring an additional 348 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Cohen & Steers during the 4th quarter worth about $60,000. Point72 Asset Management L.P. acquired a new position in Cohen & Steers in the fourth quarter valued at $1,219,000. Finally, Quantinno Capital Management LP increased its position in Cohen & Steers by 36.1% during the 4th quarter. Quantinno Capital Management LP now owns 3,390 shares of the asset manager's stock worth $313,000 after purchasing an additional 899 shares in the last quarter. 51.47% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Cohen & Steers Stock Performance

Shares of NYSE CNS traded down $0.57 during midday trading on Friday, reaching $76.89. 155,314 shares of the company's stock were exchanged, compared to its average volume of 202,361. The stock has a market capitalization of $3.92 billion, a PE ratio of 25.89 and a beta of 1.39. Cohen & Steers, Inc. has a 52-week low of $67.96 and a 52-week high of $110.67. The business's fifty day moving average price is $77.23 and its two-hundred day moving average price is $85.85.

Cohen & Steers (NYSE:CNS - Get Free Report) last announced its earnings results 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 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 analyst estimates of $130.64 million. During the same period in the previous year, the company earned $0.68 earnings per share.

Cohen & Steers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Monday, May 12th were issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend was Monday, May 12th. 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.