Welcome to our dedicated page for Cohen & Steers news (Ticker: CNS), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers stock.
About Cohen & Steers Inc. (NYSE: CNS)
Cohen & Steers Inc. is a globally recognized investment manager specializing in liquid real assets and alternative income solutions. Founded in 1986 and headquartered in New York City, the firm has established itself as a pioneer in real estate securities and related investment strategies. With additional offices in London, Dublin, Hong Kong, Tokyo, and Singapore, Cohen & Steers serves a diverse, global client base, including institutional investors, financial intermediaries, and individual investors.
Core Business Areas
The company’s investment expertise spans a range of asset classes, including:
- Real Estate Securities: Focused on equity shares of Real Estate Investment Trusts (REITs) and other real estate-related securities, both domestically and internationally.
- Listed Infrastructure: Investments in essential infrastructure assets such as utilities, transportation, and communication networks.
- Commodities and Natural Resource Equities: Exposure to global commodity markets and natural resources.
- Preferred Securities: High-yield investment options designed to provide stable income.
- Multi-Strategy and Income Solutions: Tailored portfolios combining various asset classes to meet specific income and diversification goals.
Cohen & Steers is particularly known for its focus on real assets, which are tangible, income-generating investments that provide stability and inflation protection. This specialization positions the firm as a trusted partner for clients seeking alternatives to traditional equity and fixed-income investments.
Revenue Model and Distribution Channels
The company generates revenue primarily through management fees, which are tied to assets under management (AUM). Its distribution is balanced across three primary channels:
- Institutional Accounts: Representing a significant portion of its AUM, these include pension funds, endowments, and sovereign wealth funds.
- Open-End Funds: Mutual funds available to retail and institutional investors, offering liquidity and diversification.
- Closed-End Funds: Publicly traded funds that provide access to specialized investment strategies.
This diversified revenue structure ensures a stable income stream and reduces dependency on any single client segment.
Market Position and Competitive Landscape
Cohen & Steers operates in the competitive asset management industry, with a niche focus on liquid real assets. Its key competitors likely include other specialized asset managers and larger firms with diversified offerings. However, the company differentiates itself through:
- Specialized Expertise: Decades of experience in real assets and alternative income solutions.
- Global Reach: A presence in major financial hubs worldwide, enabling access to diverse markets.
- Innovative Strategies: Tailored investment solutions designed to meet evolving client needs.
These strengths, combined with a commitment to research-driven investment processes, solidify its reputation as a leader in its niche.
Challenges and Opportunities
While Cohen & Steers benefits from its specialization, it faces challenges such as market volatility, regulatory changes, and competition from passive investment products. However, its focus on real assets positions it well to capitalize on trends like urbanization, infrastructure development, and the growing demand for income-generating investments.
Conclusion
Cohen & Steers Inc. is a distinguished player in the asset management industry, offering unique investment opportunities in liquid real assets and alternative income solutions. Its expertise, global presence, and diversified revenue model make it a compelling choice for investors seeking stability, income, and diversification. By continuously adapting to market dynamics and client needs, the firm remains well-positioned to deliver value over the long term.
The Cohen & Steers Infrastructure Fund (UTF) announced its monthly distribution details for March 31, 2021. The total distribution per share is estimated at $0.1550, comprising net investment income, short-term capital gains, and a return of capital. Year-to-date, the cumulative distribution is $0.4650. The Fund's managed distribution policy allows for greater flexibility to distribute long-term capital gains, though it may vary based on market conditions. As of February 28, 2021, the Fund's year-to-date cumulative total return stands at -2.32%.
Cohen & Steers, Inc. (NYSE: CNS) announced preliminary assets under management of $83.1 billion as of February 28, 2021, reflecting an increase of $1.9 billion since January 31, 2021. This growth resulted from $229 million in net inflows and $1.9 billion in market appreciation, slightly countered by $202 million in distributions. The company manages various investment vehicles, specializing in liquid real assets and income solutions, and operates globally with multiple offices.
The Board of Directors of Cohen & Steers (NYSE:CNS) has declared a cash dividend of $0.45 per share for Q1 2021, payable on March 18, 2021. This represents a 15.4% increase from the previous dividend of $0.39 per share. Stockholders of record as of March 8, 2021 will receive the dividend. Founded in 1986, Cohen & Steers is a leading global investment manager focusing on liquid real assets, including real estate securities, infrastructure, and natural resources.
The Cohen & Steers Limited Duration Preferred and Income Fund (LDP) announced its monthly distribution of $0.1430 per share, payable on February 26, 2021. The distribution comprises 72.87% net investment income ($0.1042), 27.13% long-term capital gains ($0.0388), and no return of capital. The Fund's year-to-date cumulative total return stands at 0.05%, with an average annual total return of 8.90% over five years. The managed distribution policy offers flexibility for regular monthly distributions, but the Board may amend this policy, potentially impacting the Fund's market price.
The Cohen & Steers REIT and Preferred and Income Fund (NYSE: RNP) announced its distribution details for February 26, 2021. The Fund employs a managed distribution policy, initiated in December 2017, to maximize long-term total returns through regular monthly distributions. For February, the estimated distribution is $0.1240 per share, solely from long-term capital gains. The cumulative total return for 2021 as of January 31 is -1.03%, with a cumulative distribution rate of 1.07%. Shareholders will receive a Form 1099-DIV for tax reporting after the year-end.
Cohen & Steers Total Return Realty Fund (RFI) announced its February 2021 distribution, set at $0.08 per share, derived entirely from long-term capital gains. The Fund's managed distribution policy, initiated in December 2011, aims to provide regular monthly payouts, allowing flexibility in realizing capital gains. Current total return year-to-date is -1.00%, with a cumulative distribution rate of 1.24%. The Fund's average annual total return over five years is 7.49%, and the current annualized distribution rate is 7.45%. Shareholders should await Form 1099-DIV for tax reporting.
Cohen & Steers Select Preferred and Income Fund (PSF) announced the source details of its upcoming distribution scheduled for February 26, 2021. The Fund adopts a managed distribution policy to provide consistent monthly distributions, which may include long-term capital gains, short-term capital gains, net investment income, and return of capital. For February, the total distribution is $0.1570 per share, with net investment income accounting for $0.1200 (76.43%). The fiscal year-to-date cumulative total return is estimated at -0.16%, while average annual total return over the last five years is 8.67%. The Fund's current annualized distribution rate is 7.08%.
On February 24, 2021, Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced the sources of its monthly distribution of $0.08 per share, scheduled for February 26, 2021. The Fund follows a managed distribution policy, allowing regular capital gains distributions. As of January 31, 2021, the Fund's Year-to-Date Cumulative Total Return was -1.51%, while the Average Annual Total Return over five years stood at 7.93%. Shareholders should note that the distribution amounts are estimates and may change based on the Fund's investment performance.
Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) has announced its monthly distribution of $0.1550 per share, payable on February 26, 2021. The distribution's sources include net investment income, net realized long-term capital gains, and a return of capital. The managed distribution policy allows the Fund to optimize long-term returns through regular monthly payments. The Year-to-date Cumulative Total Return is -1.19%, while the Average Annual Total Return over five years stands at 10.89%. Shareholders will receive a Form 1099-DIV for tax reporting.
Cohen & Steers reported preliminary assets under management (AUM) of $81.2 billion as of January 31, 2021, marking an increase of $1.3 billion from December 31, 2020. This rise was attributed to net inflows totaling $2.1 billion, although partially offset by market depreciation of $586 million and distributions of $207 million.
The firm specializes in liquid real assets, including real estate securities and natural resource equities.
FAQ
What is the current stock price of Cohen & Steers (CNS)?
What is the market cap of Cohen & Steers (CNS)?
What does Cohen & Steers specialize in?
How does Cohen & Steers generate revenue?
Who are Cohen & Steers' main clients?
What differentiates Cohen & Steers from competitors?
What are liquid real assets?
Where is Cohen & Steers headquartered?
What are the company's primary distribution channels?
What challenges does Cohen & Steers face?
What opportunities exist for Cohen & Steers?
What are preferred securities?
