November 30, 2016 - By Vivian Park · 0 Comments
The stock of Cohen & Steers Incorporated (NYSE:CNS) registered an increase of 7.59% in short interest. CNS’s total short interest was 1.23 million shares in November as published by FINRA. Its up 7.59% from 1.14M shares, reported previously. With 113,300 shares average volume, it will take short sellers 11 days to cover their CNS’s short positions. The short interest to Cohen & Steers Incorporated’s float is 6.03%. The stock increased 1.22% or $0.43 during the last trading session, hitting $35.7. Cohen & Steers, Inc. (NYSE:CNS) has declined 13.85% since April 27, 2016 and is downtrending. It has underperformed by 19.08% the S&P500.
Cohen & Steers, Inc. is a holding company. The company has a market cap of $1.63 billion. The Firm 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. It has a 22.78 P/E ratio. The Firm serves institutional and individual investors around the world.
Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.10, from 1.19 in 2016Q1. The ratio dived, as 10 funds sold all Cohen & Steers, Inc. shares owned while 38 reduced positions. 17 funds bought stakes while 40 increased positions. They now own 18.39 million shares or 7.70% less from 19.92 million shares in 2016Q1.
Blackrock Grp Ltd has invested 0% of its portfolio in Cohen & Steers, Inc. (NYSE:CNS). The Wisconsin-based Johnson Inc has invested 0% in Cohen & Steers, Inc. (NYSE:CNS). Ameriprise Fincl last reported 0% of its portfolio in the stock. Boston Advsrs Lc last reported 7,350 shares in the company. Perkins Mngmt Limited Company has 624,721 shares for 0.38% of their US portfolio. Legal General Grp Incorporated Plc accumulated 4,078 shares or 0% of the stock. Pnc Grp Inc reported 245 shares or 0% of all its holdings. The Pennsylvania-based Nationwide Fund Advsr has invested 0.01% in Cohen & Steers, Inc. (NYSE:CNS). Morgan Stanley last reported 0% of its portfolio in the stock. Moreover, Deutsche State Bank Ag has 0% invested in Cohen & Steers, Inc. (NYSE:CNS) for 28,412 shares. Teachers Advisors Inc, a New York-based fund reported 40,061 shares. Clearbridge Invests Limited Company last reported 1.59 million shares in the company. Ftb Advsrs accumulated 0% or 425 shares. Impact Advsr Ltd Liability Company last reported 0.48% of its portfolio in the stock. Palisade Cap Management Ltd Co Nj last reported 100,777 shares in the company.
Out of 5 analysts covering Cohen & Steers (NYSE:CNS), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Cohen & Steers has been the topic of 6 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Wood maintained it with “Market Perform” rating and $45 target price in Friday, October 14 report. The stock has “Mkt Perform” rating given by Keefe Bruyette & Woods on Wednesday, October 7. Bank of America upgraded Cohen & Steers, Inc. (NYSE:CNS) on Tuesday, March 15 to “Buy” rating. On Friday, August 7 the stock rating was downgraded by TheStreet to “Buy”. The firm has “Buy” rating given on Monday, April 11 by Sidoti. The firm has “Neutral” rating given on Friday, July 15 by Credit Suisse.
Cohen & Steers, Inc. (CNS), incorporated on March 17, 2004, is a holding company. The Firm 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 Firm serves institutional and individual investors around the world. The Firm manages three types of investment vehicles: institutional accounts, open-end funds and closed-end funds. The Firm also provides services in connection with model strategies (MBS) accounts. In addition, the Company provides several services in connection with assets held by unit investment trusts (UITs). As a portfolio consultant to a number of UITs, the Company constructs a portfolio of securities that suit the investment objective of the UIT. The Firm also provides ongoing portfolio monitoring services and provides a license to certain firms to use its name in connection with certain of their investment products.
Another recent and important Cohen & Steers, Inc. (NYSE:CNS) news was published by Prnewswire.com which published an article titled: “Cohen & Steers, Inc. Appoints New Director to Board” on November 02, 2016.
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By Vivian Park