Cohen & Steers
CNS

$87.42

0.58%

Market Cap: $4.42B

About: Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.

Employees: 405

Financials Investment Advice

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

924% more call options, than puts

Call options by funds: $297K | Put options by funds: $29K

95% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 22

21% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 73

10% more funds holding

Funds holding: 209 [Q1] → 230 (+21) [Q2]

4.46% more ownership

Funds ownership: 56.1% [Q1] → 60.56% (+4.46%) [Q2]

4% more capital invested

Capital invested by funds: $2.13B [Q1] → $2.22B (+$85.4M) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$63

28%

downside

Avg. target

$78

11%

downside

High target

$92

5%

upside

2 analyst ratings

1 positive

50%

0 neutral

0%

1 negative

50%

Evercore ISI Group John Dunn 50% 1-year accuracy 4 / 8 met price target	5%upside $92	Outperform Maintained	5 Sept 2024
UBS Adam Beatty 30% 1-year accuracy 3 / 10 met price target	28%downside $63	Sell Maintained	10 Jul 2024

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Financial journalist opinion

Based on 8 articles about CNS published over the past 30 days

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio fell by 0.27% in August, underperforming the S&P 500 by 2.69%. Since its inception, the portfolio has generated a CAGR of 24.79%, and is outperforming SCHD by 13.10%.

4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2024 and cumulative distributions paid fiscal year-to-date. In December 2021, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)

Cohen & Steers Total Return Realty Fund, Inc. (RFI) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Total Return Realty Fund, Inc. (RFI) Notification of Sources of Distribution Under Section 19(a)

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2024 and cumulative distributions paid fiscal year-to-date. In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , Aug. 28, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on August 30, 2024 and cumulative distributions paid fiscal year-to-date. In March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.

Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)

Cohen & Steers Appoints Lisa Dolly to Board of Directors

NEW YORK , Aug. 19, 2024 /PRNewswire/ -- Cohen & Steers, Inc.'s (NYSE: CNS) Board of Directors has appointed Lisa Dolly as a director of the company. Ms. Dolly has also been appointed as a member of the Board's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.

Cohen & Steers Appoints Lisa Dolly to Board of Directors

Cohen & Steers Announces Changes to Realty Indexes

NEW YORK , Aug. 9, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective as of the close of business on August 16, 2024. Cohen & Steers Global Realty Majors Portfolio Index (GRM) Added component (symbol) Removed component (symbol) Stockland Corporation Ltd.

Cohen & Steers Announces Changes to Realty Indexes

Zacks Investment Research

Cohen & Steers (CNS) July AUM Jumps 4.8% on Upbeat Markets

Cohen & Steers (CNS) witnesses a 4.8% rise in July AUM balance, driven by solid market appreciation.

Cohen & Steers (CNS) July AUM Jumps 4.8% on Upbeat Markets

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2024

NEW YORK , Aug. 8, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $84.6 billion as of July 31, 2024, an increase of $3.9 billion from assets under management of $80.7 billion at June 30, 2024. The increase was due to market appreciation of $4.1 billion, partially offset by distributions of $153 million and net outflows of $45 million.

Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2024

Cohen & Steers, Inc. Declares Quarterly Dividend

NEW YORK , Aug. 1, 2024 /PRNewswire/ -- The Board of Directors of Cohen & Steers, Inc. (NYSE: CNS) declared a cash dividend for the third quarter of 2024 in the amount of $0.59 per share of common stock payable on August 22, 2024 to stockholders of record as of the close of business on August 12, 2024. About Cohen & Steers Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions.

Cohen & Steers, Inc. Declares Quarterly Dividend

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