2 weeks Ago By ABMN Staff
Vanguard Personalized Indexing Management LLC decreased its position in Cohen & Steers, Inc. ( NYSE:CNS – Free Report ) by 3.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 4,215 shares of the asset manager’s stock after selling 153 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Cohen & Steers were worth $306,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently modified their holdings of CNS.
GAMMA Investing LLC raised its stake in shares of Cohen & Steers by 115.1% in the 2nd quarter. GAMMA Investing LLC now owns 370 shares of the asset manager’s stock valued at $27,000 after purchasing an additional 198 shares during the period.
Garner Asset Management Corp acquired a new stake in shares of Cohen & Steers in the 4th quarter valued at about $84,000. Meeder Asset Management Inc. acquired a new stake in shares of Cohen & Steers in the 2nd quarter valued at about $161,000.
Central Pacific Bank Trust Division acquired a new stake in shares of Cohen & Steers in the 1st quarter valued at about $224,000. Finally, Principal Financial Group Inc. raised its stake in shares of Cohen & Steers by 17.
0% in the 1st quarter. Principal Financial Group Inc. now owns 3,498 shares of the asset manager’s stock valued at $269,000 after purchasing an additional 509 shares during the period.
Institutional investors and hedge funds own 51.47% of the company’s stock. Insider Buying and Selling In related news, CAO Elena Dulik sold 1,100 shares of Cohen & Steers stock in a transaction dated Friday, July 26th.
The stock was sold at an average price of $86.45, for a total transaction of $95,095.00.
Following the completion of the transaction, the chief accounting officer now owns 20,091 shares in the company, valued at $1,736,866.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website .
In other news, EVP Jon Cheigh sold 12,500 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $84.08, for a total transaction of $1,051,000.
00. Following the completion of the sale, the executive vice president now owns 155,311 shares in the company, valued at $13,058,548.88.
The sale was disclosed in a filing with the SEC, which is available at this hyperlink . Also, CAO Elena Dulik sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $86.
45, for a total value of $95,095.00. Following the sale, the chief accounting officer now owns 20,091 shares of the company’s stock, valued at approximately $1,736,866.
95. The disclosure for this sale can be found here . Over the last 90 days, insiders sold 20,600 shares of company stock worth $1,710,365.
Company insiders own 47.60% of the company’s stock. Analyst Ratings Changes Read Our Latest Research Report on CNS Cohen & Steers Stock Performance NYSE:CNS opened at $95.
70 on Friday. The stock’s 50-day simple moving average is $87.56 and its 200 day simple moving average is $77.
53. The company has a market cap of $4.84 billion, a P/E ratio of 37.
24 and a beta of 1.54. Cohen & Steers, Inc.
has a 52-week low of $50.05 and a 52-week high of $97.57.
Cohen & Steers ( NYSE:CNS – Get Free Report ) last posted its quarterly earnings results on Wednesday, July 17th. The asset manager reported $0.68 EPS for the quarter.
Cohen & Steers had a return on equity of 34.08% and a net margin of 26.21%.
The business had revenue of $121.70 million during the quarter, compared to analysts’ expectations of $121.48 million.
During the same quarter last year, the company posted $0.70 earnings per share. Cohen & Steers’s quarterly revenue was up .
9% on a year-over-year basis. Cohen & Steers Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Monday, August 12th were issued a dividend of $0.
59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.
47%. The ex-dividend date was Monday, August 12th. Cohen & Steers’s payout ratio is currently 91.
83%. Cohen & Steers Company Profile ( Free Report ) 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. See Also Receive News & Ratings for Cohen & Steers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers and related companies with MarketBeat.com's FREE daily email newsletter .
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