Sei Investments Co. Has $14.53 Million Holdings in Cohen & Steers, Inc. (NYSE:CNS)

Sei Investments Co. decreased its stake in Cohen & Steers, Inc. (NYSE:CNS) by 33.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,365 shares of the asset manager’s stock after selling 79,007 shares during the quarter. Sei Investments Co. owned approximately 0.31% of Cohen & Steers worth $14,532,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Intech Investment Management LLC acquired a new stake in shares of Cohen & Steers in the 3rd quarter valued at $629,000. Fisher Asset Management LLC acquired a new position in Cohen & Steers in the third quarter valued at about $615,000. FMR LLC grew its stake in Cohen & Steers by 11.1% during the third quarter. FMR LLC now owns 2,504 shares of the asset manager’s stock worth $240,000 after buying an additional 250 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Cohen & Steers by 26.4% during the third quarter. BNP Paribas Financial Markets now owns 14,563 shares of the asset manager’s stock worth $1,397,000 after buying an additional 3,046 shares in the last quarter. Finally, Townsquare Capital LLC raised its stake in shares of Cohen & Steers by 8.9% in the third quarter. Townsquare Capital LLC now owns 27,702 shares of the asset manager’s stock valued at $2,658,000 after acquiring an additional 2,257 shares during the last quarter. 51.47% of the stock is currently owned by institutional investors.

Cohen & Steers Price Performance

NYSE CNS opened at $78.65 on Friday. The stock’s 50 day simple moving average is $84.72 and its 200 day simple moving average is $92.58. Cohen & Steers, Inc. has a one year low of $64.13 and a one year high of $110.67. The firm has a market cap of $4.01 billion, a PE ratio of 26.48 and a beta of 1.55.

Cohen & Steers (NYSE:CNS) last announced its 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 return on equity of 33.13% and a net margin of 29.24%.

Cohen & Steers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were given a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 3.15%. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Cohen & Steers’s previous quarterly dividend of $0.59. Cohen & Steers’s dividend payout ratio (DPR) is presently 83.50%.

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.