Dimensional Fund Advisors LP Purchases 1,329 Shares of Cohen & Steers, Inc. (NYSE:CNS)

Dimensional Fund Advisors LP raised its position in shares of Cohen & Steers, Inc. (NYSE:CNSGet Rating) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,003,071 shares of the asset manager’s stock after purchasing an additional 1,329 shares during the period. Dimensional Fund Advisors LP’s holdings in Cohen & Steers were worth $92,792,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Janus Henderson Group PLC acquired a new position in Cohen & Steers during the third quarter valued at approximately $202,000. Jupiter Asset Management Ltd. acquired a new position in Cohen & Steers during the third quarter valued at approximately $222,000. Captrust Financial Advisors raised its position in Cohen & Steers by 4.7% during the third quarter. Captrust Financial Advisors now owns 2,687 shares of the asset manager’s stock valued at $225,000 after purchasing an additional 121 shares in the last quarter. Inspire Investing LLC bought a new position in Cohen & Steers in the third quarter valued at about $227,000. Finally, Convergence Investment Partners LLC bought a new position in Cohen & Steers in the fourth quarter valued at about $261,000. Institutional investors and hedge funds own 47.26% of the company’s stock.

Shares of Cohen & Steers stock opened at $72.87 on Friday. Cohen & Steers, Inc. has a fifty-two week low of $69.37 and a fifty-two week high of $101.22. The firm has a market capitalization of $3.55 billion, a P/E ratio of 17.56 and a beta of 1.32. The company’s 50 day moving average price is $81.22 and its two-hundred day moving average price is $86.21.

Cohen & Steers (NYSE:CNSGet Rating) last issued its earnings results on Wednesday, April 20th. The asset manager reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.02. The firm had revenue of $154.19 million for the quarter, compared to analyst estimates of $148.56 million. Cohen & Steers had a net margin of 33.41% and a return on equity of 84.11%. The company’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter last year, the business posted $0.79 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 26th. Shareholders of record on Monday, May 16th will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, May 13th. This represents a $2.20 annualized dividend and a yield of 3.02%. Cohen & Steers’s dividend payout ratio is presently 53.01%.

Separately, StockNews.com began coverage on Cohen & Steers in a research report on Thursday, March 31st. They issued a “buy” rating on the stock.

About Cohen & Steers (Get Rating)

Cohen & Steers, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

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Institutional Ownership by Quarter for Cohen & Steers (NYSE:CNS)

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