Cohen & Steers, Inc. (NYSE:CNS) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC lifted its holdings in Cohen & Steers, Inc. (NYSE:CNS) by 23.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,559 shares of the asset manager’s stock after acquiring an additional 866 shares during the quarter. Venturi Wealth Management LLC’s holdings in Cohen & Steers were worth $421,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CNS. Lord Abbett & CO. LLC acquired a new stake in shares of Cohen & Steers in the third quarter worth $23,988,000. Congress Asset Management Co. increased its stake in shares of Cohen & Steers by 22.0% in the fourth quarter. Congress Asset Management Co. now owns 528,082 shares of the asset manager’s stock worth $48,763,000 after acquiring an additional 95,185 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Cohen & Steers during the third quarter valued at $5,025,000. Charles Schwab Investment Management Inc. grew its position in Cohen & Steers by 5.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 951,587 shares of the asset manager’s stock valued at $91,305,000 after buying an additional 52,103 shares during the period. Finally, Edgestream Partners L.P. acquired a new stake in Cohen & Steers during the third quarter valued at $4,052,000. Institutional investors and hedge funds own 51.47% of the company’s stock.

Cohen & Steers Stock Performance

CNS stock opened at $86.56 on Thursday. The firm has a market cap of $4.38 billion, a PE ratio of 29.14 and a beta of 1.56. The firm’s fifty day moving average is $89.79 and its 200 day moving average is $93.23. Cohen & Steers, Inc. has a one year low of $64.13 and a one year high of $110.67.

Cohen & Steers (NYSE:CNS) last released its quarterly earnings results on Wednesday, January 22nd. The asset manager reported $0.78 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.02). Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI raised their price target on shares of Cohen & Steers from $110.00 to $111.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th.

Cohen & Steers Profile

Cohen & Steers, Inc is a holding company which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds and closed-end funds.