Cohen & Steers (CNS) Earns Daily News Impact Rating of 0.19

Press coverage about Cohen & Steers (NYSE:CNS) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cohen & Steers earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 45.849531024578 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of brokerages have weighed in on CNS. Bank of America upped their price objective on shares of Cohen & Steers from $35.00 to $38.00 and gave the stock an “underperform” rating in a research report on Friday, October 20th. Credit Suisse Group upped their price objective on shares of Cohen & Steers from $41.00 to $43.00 and gave the stock a “neutral” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Cohen & Steers from a “hold” rating to a “strong-buy” rating and set a $55.00 price objective for the company in a research report on Wednesday, January 10th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $45.00 target price on shares of Cohen & Steers in a research note on Friday, October 20th. Finally, Gabelli cut shares of Cohen & Steers from a “buy” rating to a “hold” rating and set a $54.00 target price for the company. in a research note on Thursday, January 11th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Cohen & Steers presently has an average rating of “Hold” and an average price target of $47.50.

Cohen & Steers (CNS) traded down $0.18 during mid-day trading on Friday, hitting $38.75. 74,695 shares of the stock were exchanged, compared to its average volume of 310,441. Cohen & Steers has a twelve month low of $34.49 and a twelve month high of $47.83. The stock has a market capitalization of $1,825.18, a PE ratio of 19.87, a P/E/G ratio of 1.17 and a beta of 1.42.

Cohen & Steers (NYSE:CNS) last announced its quarterly earnings data on Wednesday, January 24th. The asset manager reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.01. Cohen & Steers had a net margin of 24.31% and a return on equity of 33.38%. The company had revenue of $99.40 million during the quarter, compared to analysts’ expectations of $98.08 million. During the same quarter in the prior year, the company earned $0.48 EPS. Cohen & Steers’s revenue was up 11.2% compared to the same quarter last year. analysts predict that Cohen & Steers will post 2.57 earnings per share for the current year.

In related news, Director Peter L. Rhein sold 4,729 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $44.60, for a total transaction of $210,913.40. Following the completion of the sale, the director now owns 26,271 shares of the company’s stock, valued at approximately $1,171,686.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 52.90% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Cohen & Steers (NYSE:CNS)

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