Grantham Mayo Van Otterloo & Co. LLC Has $22.18 Million Holdings in Cohen & Steers, Inc. (NYSE:CNS)

Grantham Mayo Van Otterloo & Co. LLC decreased its position in Cohen & Steers, Inc. (NYSE:CNS) by 18.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 240,145 shares of the asset manager’s stock after selling 55,709 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned about 0.47% of Cohen & Steers worth $22,175,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CNS. FMR LLC increased its position in Cohen & Steers by 11.1% during the 3rd quarter. FMR LLC now owns 2,504 shares of the asset manager’s stock worth $240,000 after buying an additional 250 shares during the period. BNP Paribas Financial Markets raised its stake in Cohen & Steers by 26.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,563 shares of the asset manager’s stock worth $1,397,000 after purchasing an additional 3,046 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Cohen & Steers by 17.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,207 shares of the asset manager’s stock valued at $787,000 after purchasing an additional 1,232 shares during the period. Verition Fund Management LLC grew its position in shares of Cohen & Steers by 15.4% during the 3rd quarter. Verition Fund Management LLC now owns 3,363 shares of the asset manager’s stock worth $323,000 after purchasing an additional 448 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Cohen & Steers during the third quarter worth approximately $820,000. Institutional investors own 51.47% of the company’s stock.

Cohen & Steers Trading Down 1.8 %

NYSE CNS opened at $75.71 on Friday. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 25.49 and a beta of 1.55. Cohen & Steers, Inc. has a 1-year low of $64.13 and a 1-year high of $110.67. The company has a 50 day moving average of $83.79 and a 200-day moving average of $92.15.

Cohen & Steers (NYSE:CNS) last released its earnings results on Wednesday, January 22nd. The asset manager reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.02). Cohen & Steers had a net margin of 29.24% and a return on equity of 33.13%.

Cohen & Steers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Monday, March 3rd were issued a $0.62 dividend. This is a positive change from Cohen & Steers’s previous quarterly dividend of $0.59. This represents a $2.48 annualized dividend and a yield of 3.28%. The ex-dividend date was Monday, March 3rd. Cohen & Steers’s dividend payout ratio (DPR) is currently 83.50%.

Cohen & Steers Profile

Cohen & Steers, Inc is a holding company which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds and closed-end funds.