Cohen & Steers Inc. (NYSE:CNS) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $42.65 and last traded at $42.54, with a volume of 28,250 shares. The stock had previously closed at $42.00.

A number of equities research analysts have issued reports on the company. Zacks Investment Research lowered Cohen & Steers from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 17th. Sidoti assumed coverage on Cohen & Steers in a research note on Monday, April 11th. They issued a “buy” rating and a $51.00 price target for the company. Credit Suisse Group AG assumed coverage on Cohen & Steers in a research note on Thursday. They issued a “neutral” rating and a $42.00 price target for the company. Finally, TheStreet upgraded Cohen & Steers from a “hold” rating to a “buy” rating in a research note on Thursday, April 14th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $43.75.

The company’s 50-day moving average is $39.68 and its 200-day moving average is $35.70. The company has a market capitalization of $1.97 billion and a price-to-earnings ratio of 31.90.

Cohen & Steers (NYSE:CNS) last posted its earnings results on Wednesday, April 20th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by $0.03. During the same quarter last year, the firm earned $0.45 EPS. The business had revenue of $79.70 million for the quarter, compared to the consensus estimate of $81.58 million. Cohen & Steers’s revenue was down 4.9% compared to the same quarter last year. On average, analysts forecast that Cohen & Steers Inc. will post $1.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 23rd. Stockholders of record on Thursday, June 2nd were issued a $0.26 dividend. The ex-dividend date of this dividend was Tuesday, May 31st. This represents a $1.04 annualized dividend and a dividend yield of 2.42%.

Several institutional investors recently modified their holdings of CNS. Dimensional Fund Advisors LP raised its position in shares of Cohen & Steers by 51.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 209,210 shares of the company’s stock valued at $6,378,000 after buying an additional 71,353 shares in the last quarter. Century Capital Management LLC raised its position in shares of Cohen & Steers by 54.5% in the fourth quarter. Century Capital Management LLC now owns 814,439 shares of the company’s stock valued at $24,824,000 after buying an additional 287,359 shares in the last quarter. Gabelli Funds LLC raised its position in shares of Cohen & Steers by 5.6% in the fourth quarter. Gabelli Funds LLC now owns 162,800 shares of the company’s stock valued at $4,962,000 after buying an additional 8,600 shares in the last quarter. Comerica Bank bought a new position in shares of Cohen & Steers during the fourth quarter valued at approximately $1,537,000. Finally, Rhumbline Advisers raised its position in shares of Cohen & Steers by 3.5% in the fourth quarter. Rhumbline Advisers now owns 37,420 shares of the company’s stock valued at $1,141,000 after buying an additional 1,270 shares in the last quarter.

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.

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