Cohen & Steers (NYSE:CNS) was upgraded by equities researchers at Gabelli to a “buy” rating in a research note issued on Monday.

Other equities analysts have also issued research reports about the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $49.00 price target on shares of Cohen & Steers in a report on Friday, December 22nd. Zacks Investment Research lowered shares of Cohen & Steers from a “buy” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, Credit Suisse Group set a $43.00 price objective on shares of Cohen & Steers and gave the company a “hold” rating in a report on Thursday, April 5th. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $45.20.

Shares of NYSE:CNS traded up $0.78 during mid-day trading on Monday, reaching $39.54. 30,230 shares of the company’s stock were exchanged, compared to its average volume of 234,443. The firm has a market cap of $1,811.57, a PE ratio of 19.03, a price-to-earnings-growth ratio of 1.34 and a beta of 1.30. Cohen & Steers has a twelve month low of $36.29 and a twelve month high of $47.83.

Cohen & Steers (NYSE:CNS) last issued its quarterly earnings results on Wednesday, January 24th. The asset manager reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. The company had revenue of $99.40 million for the quarter, compared to analyst estimates of $98.08 million. Cohen & Steers had a net margin of 24.31% and a return on equity of 33.83%. Cohen & Steers’s revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 earnings per share. research analysts anticipate that Cohen & Steers will post 2.5 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. We Are One Seven LLC acquired a new position in shares of Cohen & Steers during the fourth quarter valued at about $159,000. Envestnet Asset Management Inc. raised its holdings in shares of Cohen & Steers by 61.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 3,706 shares of the asset manager’s stock valued at $175,000 after purchasing an additional 1,405 shares during the period. Koch Industries Inc. acquired a new position in shares of Cohen & Steers during the fourth quarter valued at about $287,000. JPMorgan Chase & Co. raised its holdings in shares of Cohen & Steers by 51.7% during the third quarter. JPMorgan Chase & Co. now owns 7,434 shares of the asset manager’s stock valued at $293,000 after purchasing an additional 2,534 shares during the period. Finally, Jefferies Group LLC acquired a new position in shares of Cohen & Steers during the fourth quarter valued at about $302,000. Hedge funds and other institutional investors own 47.39% of the company’s stock.

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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.

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