Cohen & Steers
About: Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.
Employees: 405
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
578% more call options, than puts
Call options by funds: $393K | Put options by funds: $58K
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $2.31B [Q2] → $2.9B (+$595M) [Q3]
11% more funds holding
Funds holding: 231 [Q2] → 257 (+26) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
10% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 91
3.12% less ownership
Funds ownership: 62.93% [Q2] → 59.81% (-3.12%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$92
9%
downside
Avg. target
$100
1%
downside
High target
$111
9%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Evercore ISI Group John Dunn 93% 1-year accuracy 14 / 15 met price target | 9%upside $111 | Outperform Maintained | 7 Nov 2024 |
UBS Brennan Hawken 54% 1-year accuracy 14 / 26 met price target | 1%upside $102 | Neutral Upgraded | 17 Oct 2024 |
Evercore ISI Group John Dunn 93% 1-year accuracy 14 / 15 met price target | 5%downside $96 | Outperform Maintained | 4 Oct 2024 |
Evercore ISI Group John Dunn 93% 1-year accuracy 14 / 15 met price target | 9%downside $92 | Outperform Maintained | 5 Sept 2024 |
Financial journalist opinion
Based on 10 articles about CNS published over the past 30 days
Positive
Seeking Alpha
1 week ago
RNP: Predictable Income From Cohen & Steers
Cohen & Steers REIT & Preferred Income Fund offers a consistent monthly dividend, is managed by a professional team, and is diversified across REITs, preferred stocks, and fixed income. The RNP closed-end fund's quality portfolio and management justify consideration, depending on individual yield requirements. RNP has outperformed the real estate sector over the past decade, making it a reliable choice for income-focused investors.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In December 2021, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Total Return Realty Fund, Inc. (RFI) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Total Return Realty Fund, Inc. (NYSE: RFI) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In December 2011, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
1 week ago
Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In December 2017, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In December 2012, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
1 week ago
Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a)
NEW YORK , Nov. 26, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) (the "Fund") with information regarding the sources of the distribution to be paid on November 29, 2024 and cumulative distributions paid fiscal year-to-date. In March 2015, the Fund implemented a managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission.
Neutral
PRNewsWire
3 weeks ago
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For October 2024
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $89.7 billion as of October 31, 2024, a decrease of $2.0 billion from assets under management of $91.8 billion at September 30, 2024. The decrease was due to market depreciation of $2.3 billion and distributions of $150 million, partially offset by net inflows of $454 million.
Neutral
PRNewsWire
3 weeks ago
Cohen & Steers Announces Changes to Realty Indexes
NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced today pending changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective as of the close of business on November 15, 2024. Cohen & Steers Global Realty Majors Portfolio Index (GRM) Added component (symbol) Removed component (symbol) Charter Hall Group (CHC.AU) Daiwa House REIT Investment Corp. (8984.JP) Cohen & Steers International Realty Majors Portfolio Index (IRP) Added component (symbol) Removed component (symbol) Charter Hall Group (CHC.AU) Daiwa House REIT Investment Corp. (8984.JP) Big Yellow Group Plc (BYG.LN) Cofinimmo SA (COFB.BB) These free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities are quoted intraday on a real-time basis by the Chicago Mercantile Exchange.
Neutral
PRNewsWire
3 weeks ago
Cohen & Steers Appoints Karen Wilson Thissen to Board of Directors
NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Cohen & Steers, Inc.'s (NYSE: CNS) Board of Directors has appointed Karen Wilson Thissen as a director of the company. Ms. Thissen has also been appointed as a member of the Board's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
Neutral
PRNewsWire
3 weeks ago
Cohen & Steers, Inc. Declares Quarterly Dividend
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- The Board of Directors of Cohen & Steers, Inc. (NYSE: CNS) declared a cash dividend for the fourth quarter of 2024 in the amount of $0.59 per share of common stock payable on December 2, 2024 to stockholders of record as of the close of business on November 18, 2024. About Cohen & Steers.
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