Cohen & Steers
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
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
578% more call options, than puts
Call options by funds: $393K | Put options by funds: $58K
127% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 22
26% more capital invested
Capital invested by funds: $2.32B [Q2] → $2.91B (+$595M) [Q3]
11% more funds holding
Funds holding: 231 [Q2] → 257 (+26) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 91
3.17% less ownership
Funds ownership: 63.15% [Q2] → 59.98% (-3.17%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$111
26%
upside
Avg. target
$111
26%
upside
High target
$111
26%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Evercore ISI Group John Dunn 63% 1-year accuracy 10 / 16 met price target | 26%upside $111 | Outperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 3 articles about CNS published over the past 30 days
Neutral
PRNewsWire
5 days ago
Cohen & Steers, Inc. to Release Fourth Quarter and Full Year 2024 Results on January 22, 2025
NEW YORK , Jan. 15, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release fourth quarter and full year 2024 results after the market closes on Wednesday, January 22, 2025. The earnings release and accompanying earnings presentation will be available on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For December 2024
NEW YORK , Jan. 9, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $85.8 billion as of December 31, 2024, a decrease of $5.6 billion from assets under management of $91.4 billion at November 30, 2024. The decrease was due to market depreciation of $5.7 billion and distributions of $396 million, partially offset by net inflows of $504 million.
Neutral
PRNewsWire
4 weeks ago
Cohen & Steers Income Opportunities REIT, Inc. Acquires Open-Air Shopping Center in San Mateo, CA with Sterling Organization
NEW YORK , Dec. 23, 2024 /PRNewswire/ -- Cohen & Steers Income Opportunities REIT, Inc. ("CNSREIT") announced today its acquisition of Bridgepointe Shopping Center, an open-air community shopping center in San Mateo, California. The acquisition was made through a programmatic joint venture with Sterling Organization ("Sterling"), a real estate investment firm with extensive expertise in shopping centers in the U.S. This is CNSREIT's third acquisition with Sterling Organization and fourth open-air shopping center acquisition in the portfolio.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Closed-End Funds Declare Distributions for January, February, and March 2025
NEW YORK , Dec. 18, 2024 /PRNewswire/ -- The Boards of Directors of the Cohen & Steers Closed-End Funds announced today the monthly distributions for January, February, and March 2025, as summarized in the charts below: Ticker Fund Name Monthly Dividend FOF Cohen & Steers Closed-End Opportunity Fund, Inc. $0.087 LDP Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $0.131 PSF Cohen & Steers Select Preferred and Income Fund, Inc. $0.126 PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund $0.134 RFI Cohen & Steers Total Return Realty Fund, Inc. $0.080 RLTY Cohen & Steers Real Estate Opportunities and Income Fund $0.110 RNP Cohen & Steers REIT and Preferred and Income Fund, Inc. $0.136 RQI Cohen & Steers Quality Income Realty Fund, Inc. $0.080 UTF Cohen & Steers Infrastructure Fund, Inc. $0.155 Distributions will be made on the following schedule: Month Ex-Dividend/ Record Date Payable Date January Jan. 14, 2025 Jan. 31, 2025 February Feb. 11, 2025 Feb. 28, 2025 March Mar. 11, 2025 Mar. 31, 2025 Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund, Cohen & Steers Real Estate Opportunities and Income Fund, Cohen & Steers Limited Duration Preferred and Income Fund, Inc., and Cohen & Steers Select Preferred and Income Fund, Inc. pay regular monthly cash distributions to common shareholders at a level rate that may be adjusted from time to time. Each of these fund's distributions reflect net investment income and may also include net realized capital gains and/or return of capital.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Dec. 17, 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 December 31, 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.
Neutral
PRNewsWire
1 month ago
Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Dec. 17, 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 December 31, 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.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Total Return Realty Fund, Inc. (RFI) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Dec. 17, 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 December 31, 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.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on December 31, 2024 and cumulative distributions paid fiscal year-to-date. In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Dec. 17, 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 December 31, 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.
Neutral
PRNewsWire
1 month ago
Cohen & Steers Appoints Jon Cheigh as President
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) has appointed Jon Cheigh as President, effective January 1, 2025. Mr. Cheigh remains Chief Investment Officer and will continue to focus the majority of his time on leading the investment department.
Charts implemented using Lightweight Charts™