Cohen & Steers (NYSE: CNS) recently received a number of ratings updates from brokerages and research firms:

  • 9/20/2016 – Cohen & Steers was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. They now have a $47.00 price target on the stock. According to Zacks, “Cohen & Steers, Inc. is a leading manager of income-oriented equity portfolios and specializes in common and preferred stocks of REITs and utilities, as well as other preferred securities. Based in New York City, the firm serves individual and institutional investors through a wide range of open-end funds, closed-end funds and separate accounts. “
  • 9/18/2016 – Cohen & Steers was given a new $42.00 price target on by analysts at Credit Suisse Group AG. They now have a “hold” rating on the stock.
  • 9/13/2016 – Cohen & Steers was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Cohen & Steers, Inc. is a leading manager of income-oriented equity portfolios and specializes in common and preferred stocks of REITs and utilities, as well as other preferred securities. Based in New York City, the firm serves individual and institutional investors through a wide range of open-end funds, closed-end funds and separate accounts. “
  • 9/1/2016 – Cohen & Steers had its “hold” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $42.00 price target on the stock.
  • 8/30/2016 – Cohen & Steers was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Cohen & Steers, Inc. is a leading manager of income-oriented equity portfolios and specializes in common and preferred stocks of REITs and utilities, as well as other preferred securities. Based in New York City, the firm serves individual and institutional investors through a wide range of open-end funds, closed-end funds and separate accounts. “
  • 7/26/2016 – Cohen & Steers was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Cohen & Steers, Inc. is a leading manager of income-oriented equity portfolios and specializes in common and preferred stocks of REITs and utilities, as well as other preferred securities. Based in New York City, the firm serves individual and institutional investors through a wide range of open-end funds, closed-end funds and separate accounts. “

Shares of Cohen & Steers Inc. (NYSE:CNS) opened at 42.15 on Thursday. Cohen & Steers Inc. has a 1-year low of $25.84 and a 1-year high of $43.83. The stock’s 50 day moving average price is $42.32 and its 200-day moving average price is $40.04. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 28.63 and a beta of 1.30.

Cohen & Steers (NYSE:CNS) last issued its earnings results on Wednesday, July 20th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.03. The business had revenue of $86.40 million for the quarter, compared to the consensus estimate of $86.12 million. Cohen & Steers had a net margin of 20.12% and a return on equity of 30.80%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the business posted $0.45 EPS. On average, equities research analysts forecast that Cohen & Steers Inc. will post $1.88 earnings per share for the current year.

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The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 22nd. Investors of record on Thursday, September 1st will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 2.47%. The ex-dividend date is Tuesday, August 30th. Cohen & Steers’s dividend payout ratio (DPR) is presently 73.24%.

Cohen & Steers, Inc is a holding company. The Company is an investment manager with a focus on liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. The Company serves institutional and individual investors around the world.

5 Day Chart for NYSE:CNS

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