Shares of Cohen & Steers, Inc. (NYSE:CNS) have been assigned an average rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $38.33.

Several research firms have recently commented on CNS. ValuEngine cut Cohen & Steers from a “hold” rating to a “sell” rating in a report on Friday, July 20th. Zacks Investment Research raised Cohen & Steers from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a report on Tuesday, September 18th. Finally, Credit Suisse Group reduced their price objective on Cohen & Steers from $42.00 to $41.00 and set a “neutral” rating for the company in a report on Friday, July 20th.

Shares of CNS traded down $0.55 during mid-day trading on Friday, hitting $36.06. The company’s stock had a trading volume of 208,700 shares, compared to its average volume of 175,792. The stock has a market capitalization of $1.90 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.75 and a beta of 1.16. Cohen & Steers has a 1-year low of $35.50 and a 1-year high of $47.83.

Cohen & Steers (NYSE:CNS) last posted its quarterly earnings results on Wednesday, July 18th. The asset manager reported $0.59 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.02). The business had revenue of $94.40 million during the quarter, compared to analyst estimates of $94.66 million. Cohen & Steers had a net margin of 26.79% and a return on equity of 37.09%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.50 earnings per share. As a group, sell-side analysts expect that Cohen & Steers will post 2.47 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of CNS. Pwmco LLC acquired a new position in Cohen & Steers during the second quarter worth $16,941,000. Eagle Asset Management Inc. acquired a new position in Cohen & Steers during the second quarter worth $8,178,000. BlackRock Inc. raised its holdings in Cohen & Steers by 13.7% during the second quarter. BlackRock Inc. now owns 1,599,612 shares of the asset manager’s stock worth $66,721,000 after purchasing an additional 192,512 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Cohen & Steers by 12.9% during the second quarter. Janus Henderson Group PLC now owns 1,359,808 shares of the asset manager’s stock worth $56,718,000 after purchasing an additional 155,103 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Cohen & Steers by 15.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,003,358 shares of the asset manager’s stock worth $41,848,000 after purchasing an additional 131,016 shares during the last quarter. 49.15% of the stock is owned by hedge funds and other institutional investors.

About Cohen & Steers

Cohen & Steers, Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

Read More: How to interpret a stock’s beta number

Receive News & Ratings for Cohen & Steers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers and related companies with MarketBeat.com's FREE daily email newsletter.