Cohen & Steers, Inc. (NYSE:CNS) Shares Bought by Susquehanna International Group LLP

Susquehanna International Group LLP boosted its position in Cohen & Steers, Inc. (NYSE:CNS - Free Report) by 616.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,622 shares of the asset manager's stock after purchasing an additional 14,301 shares during the quarter. Susquehanna International Group LLP's holdings in Cohen & Steers were worth $1,535,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CNS. GAMMA Investing LLC grew its holdings in shares of Cohen & Steers by 19.5% during the fourth quarter. GAMMA Investing LLC now owns 729 shares of the asset manager's stock valued at $67,000 after buying an additional 119 shares during the last quarter. R Squared Ltd purchased a new stake in Cohen & Steers during the 4th quarter valued at about $73,000. Harvest Fund Management Co. Ltd acquired a new position in shares of Cohen & Steers in the fourth quarter valued at about $101,000. KBC Group NV raised its stake in shares of Cohen & Steers by 27.4% in the fourth quarter. KBC Group NV now owns 1,412 shares of the asset manager's stock worth $130,000 after purchasing an additional 304 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd raised its stake in shares of Cohen & Steers by 755.2% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,471 shares of the asset manager's stock worth $136,000 after purchasing an additional 1,299 shares during the last quarter. 51.47% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Stock Performance

NYSE CNS traded down $0.58 on Friday, reaching $82.93. 189,968 shares of the company's stock traded hands, compared to its average volume of 202,839. Cohen & Steers, Inc. has a fifty-two week low of $67.09 and a fifty-two week high of $110.67. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 27.92 and a beta of 1.39. The stock has a 50 day moving average price of $77.36 and a 200-day moving average price of $87.79.

Cohen & Steers (NYSE:CNS - Get Free Report) last released 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). The company had revenue of $133.79 million for the quarter, compared to analysts' expectations of $130.64 million. Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%. During the same quarter in the previous year, the business posted $0.68 EPS.

Cohen & Steers Dividend Announcement

The company also recently announced 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 annualized dividend and a dividend yield of 2.99%. The ex-dividend date is Monday, May 12th. Cohen & Steers's dividend payout ratio is currently 81.05%.

Analysts Set New Price Targets

Separately, Evercore ISI cut their price target on shares of 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 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.