Congress Asset Management Co. Raises Stock Holdings in Cohen & Steers, Inc. (NYSE:CNS)

Congress Asset Management Co. boosted its position in shares of Cohen & Steers, Inc. (NYSE:CNS) by 22.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 528,082 shares of the asset manager’s stock after acquiring an additional 95,185 shares during the quarter. Congress Asset Management Co.’s holdings in Cohen & Steers were worth $48,763,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in Cohen & Steers by 19.8% during the third quarter. Signaturefd LLC now owns 648 shares of the asset manager’s stock worth $62,000 after acquiring an additional 107 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Cohen & Steers by 16.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the asset manager’s stock worth $79,000 after purchasing an additional 119 shares during the period. GAMMA Investing LLC increased its holdings in shares of Cohen & Steers by 19.5% during the 4th quarter. GAMMA Investing LLC now owns 729 shares of the asset manager’s stock valued at $67,000 after purchasing an additional 119 shares in the last quarter. Mendel Capital Management LLC increased its holdings in shares of Cohen & Steers by 3.3% during the 3rd quarter. Mendel Capital Management LLC now owns 4,495 shares of the asset manager’s stock valued at $431,000 after purchasing an additional 145 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC lifted its stake in shares of Cohen & Steers by 4.0% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 4,478 shares of the asset manager’s stock valued at $430,000 after purchasing an additional 172 shares during the period. Hedge funds and other institutional investors own 51.47% of the company’s stock.

Analyst Ratings Changes

Separately, Evercore ISI raised their price target on shares of Cohen & Steers from $110.00 to $111.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th.

Cohen & Steers Trading Up 0.9 %

NYSE CNS opened at $85.18 on Friday. Cohen & Steers, Inc. has a twelve month low of $64.13 and a twelve month high of $110.67. The stock has a 50-day moving average of $90.64 and a 200 day moving average of $93.19. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 28.68 and a beta of 1.56.

Cohen & Steers (NYSE:CNS) last announced its earnings results on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.02). Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%.

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.