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 6,809 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
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $2.31B [Q2] → $2.9B (+$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
3.12% less ownership
Funds ownership: 62.93% [Q2] → 59.81% (-3.12%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$102
10%
upside
Avg. target
$107
15%
upside
High target
$111
20%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Evercore ISI Group John Dunn 73% 1-year accuracy 11 / 15 met price target | 20%upside $111 | Outperform Maintained | 7 Nov 2024 |
UBS Brennan Hawken 74% 1-year accuracy 29 / 39 met price target | 10%upside $102 | Neutral Upgraded | 17 Oct 2024 |
Financial journalist opinion
Based on 15 articles about CNS published over the past 30 days
Neutral
PRNewsWire
2 days 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
3 days 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
3 days 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
3 days 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
3 days 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
3 days 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
4 days 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.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For November 2024
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $91.4 billion as of November 30, 2024, an increase of $1.7 billion from assets under management of $89.7 billion at October 31, 2024. The increase was due to market appreciation of $1.9 billion, partially offset by distributions of $151 million and net outflows of $98 million.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Named a "Best Place to Work in Money Management" by Pensions & Investments for Fifth Consecutive Year
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today that it has been named as one of the "Best Places to Work in Money Management" for the fifth consecutive year by Pensions & Investments, a global news source of money management. P&I's 13th annual recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
Positive
Seeking Alpha
3 weeks ago
RNP: Predictable Income From Cohen & Steers
Cohen & Steers REIT & Preferred Income Fund offers a consistent monthly dividend, is managed by a professional team, and is diversified across REITs, preferred stocks, and fixed income. The RNP closed-end fund's quality portfolio and management justify consideration, depending on individual yield requirements. RNP has outperformed the real estate sector over the past decade, making it a reliable choice for income-focused investors.
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