Media coverage about Cohen & Steers (NYSE:CNS) has trended positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cohen & Steers earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.4087814064369 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Cohen & Steers (CNS) traded up $0.13 on Friday, hitting $43.70. The company’s stock had a trading volume of 49,619 shares, compared to its average volume of 107,294. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 22.08, a price-to-earnings-growth ratio of 2.58 and a beta of 1.61.
Cohen & Steers (NYSE:CNS) last issued its quarterly earnings results on Wednesday, October 18th. The asset manager reported $0.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. Cohen & Steers had a return on equity of 33.78% and a net margin of 26.53%. The business had revenue of $96.40 million during the quarter, compared to the consensus estimate of $95.76 million. During the same period in the previous year, the business earned $0.51 EPS. The business’s quarterly revenue was up 2.1% on a year-over-year basis. equities research analysts predict that Cohen & Steers will post 2.06 earnings per share for the current fiscal year.
CNS has been the topic of a number of recent analyst reports. BidaskClub raised Cohen & Steers from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 12th. Zacks Investment Research lowered Cohen & Steers from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Credit Suisse Group upped their target price on Cohen & Steers from $41.00 to $43.00 and gave the company a “neutral” rating in a research report on Friday, October 20th. Bank of America Corporation upped their target price on Cohen & Steers from $35.00 to $38.00 and gave the company an “underperform” rating in a research report on Friday, October 20th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $45.00 target price on shares of Cohen & Steers in a research report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $43.60.
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In other news, insider John Todd Glickson sold 6,700 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $39.72, for a total value of $266,124.00. Following the completion of the sale, the insider now directly owns 36,738 shares in the company, valued at approximately $1,459,233.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 52.90% of the stock is currently owned by insiders.
Cohen & Steers Company Profile
Cohen & Steers, Inc (CNS) 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.
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