Gabelli \u0026 Co. Issues a Upgrade for Cohen \u0026 Steers (NYSE:CNS) from a Hold to Buy Rating

April 17, 2018 - By Richard Conner

Cohen & Steers, Inc. (NYSE:CNS) Logo

Investors sentiment decreased to 1.54 in Q4 2017. Its down 0.30, from 1.84 in 2017Q3. It dived, as 13 investors sold Cohen & Steers, Inc. shares while 35 reduced holdings. 30 funds opened positions while 44 raised stakes. 26.82 million shares or 31.45% more from 20.40 million shares in 2017Q3 were reported.

Midas Mgmt invested in 1.22% or 65,000 shares. Metropolitan Life holds 6,541 shares or 0% of its portfolio. Citadel Advsrs Ltd Liability Co, Illinois-based fund reported 7,418 shares. Horizon Kinetics Limited Liability holds 0.01% or 8,793 shares. 10,145 are held by Stone Ridge Asset Mngmt Ltd Liability Corp. 69,170 are owned by Millennium Lc. Strs Ohio invested in 0% or 19,200 shares. Bnp Paribas Arbitrage holds 0% in Cohen & Steers, Inc. (NYSE:CNS) or 4,832 shares. Bamco has invested 0.59% in Cohen & Steers, Inc. (NYSE:CNS). Rhumbline Advisers holds 33,178 shares. 35,750 are held by Price T Rowe Assocs Incorporated Md. 12,295 were accumulated by Fdx. Whittier Trust stated it has 151 shares or 0% of all its holdings. Cap Impact invested in 32,333 shares. Parametric Portfolio Assoc Ltd Liability Company invested in 45,115 shares or 0% of the stock.

Cohen \u0026 Steers (NYSE:CNS) Stock Upgrade

It will be interesting to watch today’s trading of shares of Cohen \u0026 Steers (NYSE:CNS) as Gabelli \u0026 Co. boosted the stock from a Hold to a respectable Buy.

Investors sentiment decreased to 1.54 in Q4 2017. Its down 0.30, from 1.84 in 2017Q3. It dived, as 13 investors sold Cohen & Steers, Inc. shares while 35 reduced holdings. 30 funds opened positions while 44 raised stakes. 26.82 million shares or 31.45% more from 20.40 million shares in 2017Q3 were reported.

Midas Mgmt invested in 1.22% or 65,000 shares. Metropolitan Life holds 6,541 shares or 0% of its portfolio. Citadel Advsrs Ltd Liability Co, Illinois-based fund reported 7,418 shares. Horizon Kinetics Limited Liability holds 0.01% or 8,793 shares. 10,145 are held by Stone Ridge Asset Mngmt Ltd Liability Corp. 69,170 are owned by Millennium Lc. Strs Ohio invested in 0% or 19,200 shares. Bnp Paribas Arbitrage holds 0% in Cohen & Steers, Inc. (NYSE:CNS) or 4,832 shares. Bamco has invested 0.59% in Cohen & Steers, Inc. (NYSE:CNS). Rhumbline Advisers holds 33,178 shares. 35,750 are held by Price T Rowe Assocs Incorporated Md. 12,295 were accumulated by Fdx. Whittier Trust stated it has 151 shares or 0% of all its holdings. Cap Impact invested in 32,333 shares. Parametric Portfolio Assoc Ltd Liability Company invested in 45,115 shares or 0% of the stock.

Cohen & Steers, Inc. (NYSE:CNS) Ratings Coverage

Among 5 analysts covering Cohen \u0026 Steers (NYSE:CNS), 1 have Buy rating, 3 Sell and 1 Hold. Therefore 20% are positive. Cohen \u0026 Steers has $49.0 highest and $3600 lowest target. $39’s average target is -1.89% below currents $39.75 stock price. Cohen \u0026 Steers had 10 analyst reports since October 20, 2017 according to SRatingsIntel. On Thursday, April 5 the stock rating was maintained by Credit Suisse with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $49.0 target in Thursday, December 21 report. The stock of Cohen & Steers, Inc. (NYSE:CNS) has “Sell” rating given on Tuesday, April 10 by Keefe Bruyette & Woods. The rating was maintained by Credit Suisse with “Neutral” on Friday, October 20. The firm earned “Hold” rating on Thursday, October 19 by Keefe Bruyette & Woods. Bank of America maintained the shares of CNS in report on Friday, October 20 with “Underperform” rating. The stock has “Underperform” rating by Wood on Friday, January 26. The company was upgraded on Monday, April 16 by Gabelli. The rating was downgraded by Keefe Bruyette & Woods to “Sell” on Thursday, January 25. The rating was downgraded by Gabelli on Thursday, January 11 to “Hold”.

The stock increased 1.51% or $0.59 during the last trading session, reaching $39.75. About 113,515 shares traded. Cohen & Steers, Inc. (NYSE:CNS) has risen 10.58% since April 17, 2017 and is uptrending. It has underperformed by 0.97% the S&P500.

Analysts await Cohen & Steers, Inc. (NYSE:CNS) to report earnings on April, 18. They expect $0.63 EPS, up 34.04 % or $0.16 from last year’s $0.47 per share. CNS’s profit will be $29.45M for 15.77 P/E if the $0.63 EPS becomes a reality. After $0.55 actual EPS reported by Cohen & Steers, Inc. for the previous quarter, Wall Street now forecasts 14.55 % EPS growth.

Cohen & Steers, Inc. is a publicly owned asset management holding company. The company has market cap of $1.86 billion. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It has a 20.28 P/E ratio. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

Cohen & Steers, Inc. (NYSE:CNS) Institutional Positions Chart

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