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Cohen & Steers Inc. - CNS STOCK NEWS

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.

Cohen & Steers Inc. (NYSE: CNS) is a premier global investment manager specializing in liquid real assets such as real estate securities, listed infrastructure, commodities, and natural resource equities. Founded in 1986, this New York City-headquartered firm also focuses on preferred securities and other income solutions. With additional offices in London, Hong Kong, Tokyo, and Seattle, Cohen & Steers operates a diversified, international portfolio.

The company's core business revolves around the management of equity shares of real estate investment trusts (REITs), both domestically and internationally. As of January 2024, real estate and related securities constitute nearly two-thirds of its total $79.3 billion in managed assets. The firm also offers dedicated portfolios for preferred securities, utilities stocks, and other high-yield investments.

Cohen & Steers maintains a balanced distribution of its managed assets across closed-end funds, open-end funds, and institutional accounts. In the past year, they have seen that 42% of their managed assets and 27% of base management fees come from institutional clients. Open-end funds account for 45% of managed assets and 52% of base management fees. Closed-end funds contribute 13% of managed assets and 21% of base management fees.

Recent Achievements and Current Projects

Recent quarterly earnings reports reflect positive growth and robust financial performance. The company consistently updates its stakeholders through earnings releases, conference calls, and detailed presentations available on their official website. Significant events include:

  • Quarterly earnings reports with comprehensive financial analyses.
  • Regular conference calls hosted by top executives including CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh.
  • Strategic initiatives such as 'at-the-market' equity offerings, recently adding over a million shares at an average price of $69.60, raising approximately $68.4 million for corporate purposes.

Partnerships and Market Position

The firm's collaborations with major financial institutions and investment platforms underscore its market leadership. For instance, Cohen & Steers recently ranked among the top companies in the S&P SmallCap 600 index, highlighting its growing influence and solid market reputation.

Investors can expect ongoing updates and opportunities through the firm’s comprehensive communication channels, including a wealth of resources and archival financial data available on their website.

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Cohen & Steers Quality Income Realty Fund, Inc. (RQI) has announced the sources of the distribution to be paid on January 31, 2024, and cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2012, seeking to deliver long-term total return potential through regular monthly distributions declared at a fixed rate per common share. The policy gives the Fund greater flexibility to realize long-term capital gains throughout the year. The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes. The table provided in the press release indicates the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from various sources.
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Cohen & Steers Infrastructure Fund, Inc. (CNS) released information about the distribution to be paid on January 31, 2024, and cumulative distributions paid fiscal year-to-date. The fund's managed distribution policy allows for regular monthly distributions to shareholders, seeking long-term total return potential. It may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital. The final tax characteristics of the distributions will be provided on Form 1099-DIV after the close of the calendar year.
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Cohen & Steers Total Return Realty Fund, Inc. (CNS) has released a press release detailing the sources of its distribution to be paid on January 31, 2024, and the cumulative distributions paid fiscal year-to-date. The Fund implemented a managed distribution policy in December 2011 to deliver long-term total return potential through regular monthly distributions. The policy provides flexibility to realize long-term capital gains and distribute them monthly, but the Board of Directors may amend, terminate, or suspend the policy at any time. The distributions may include various sources such as long-term capital gains, short-term capital gains, net investment income, and return of capital. The tax characteristics of the distributions cannot be determined with certainty until after the end of the calendar year. The estimated amounts of the current distribution and cumulative distributions paid this fiscal year-to-date are also provided.
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Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) is providing shareholders with information on the sources of the distribution to be paid on January 31, 2024, and cumulative distributions paid fiscal year-to-date. The managed distribution policy implemented in December 2021 aims to deliver long-term total return potential through regular monthly distributions. The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes. Shareholders are advised to monitor cohenandsteers.com and Form 1099-DIV for final tax characteristics. The estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date have been detailed in the press release.
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Cohen & Steers, Inc. (CNS) reported its Q4 and year-end results for 2023. The company will host a conference call on January 25, 2024, to discuss the results. The call will be led by CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh. Investors and analysts can access the live conference call via webcast and telephone. A replay of the call will be available for two weeks, and the webcast will be archived on the company's website for one month.
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Cohen & Steers Income Opportunities REIT, Inc. (CNSREIT) announced its acquisition of the Marketplace at Highland Village, an open-air community shopping center in Dallas, TX, through a joint venture partnership with Sterling Organization. The property is an approximately 451,000 square foot shopping center with a Walmart-owned Supercenter and tenants including TJ Maxx, HomeGoods, LA Fitness, DSW, and Petco. The acquisition marks CNSREIT's entry into well-anchored, necessity-driven shopping centers, in line with the current high occupancy levels of open-air shopping centers. The property's location in the rapidly growing Dallas Fort-Worth metro, with its strong tenant lineup and high foot traffic, presents an attractive investment opportunity for CNSREIT.
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Cohen & Steers, Inc. (CNS) will release its Q4 and full year 2023 results on January 24, 2024. The company will host a conference call on January 25, 2024, with CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh reviewing the operating results and outlook. The call will be accessible via webcast and telephone. Investors and analysts can access the live conference call and a replay of the call through the company's website and phone numbers provided in the press release.
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Cohen & Steers, Inc. (NYSE: CNS) launches Real Assets Compass™ to help improve portfolio risk-return profiles by comparing historical and expected returns and volatility of traditional portfolios with those of a more diversified portfolio of stocks, bonds, and listed and private real estate.
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Cohen & Steers, Inc. (NYSE: CNS) reported preliminary assets under management of $83.1 billion as of December 31, 2023, showing an increase of $4.4 billion from the previous month. The increase was due to net inflows of $61 million and market appreciation of $4.8 billion, partially offset by distributions of $408 million. The total assets under management for the company stood at $83.1 billion, with a breakdown by investment vehicle.
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Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE: FOF) provides information on distribution sources and fiscal year-to-date cumulative distributions. The managed distribution policy aims to deliver long-term total return potential through regular monthly distributions. The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes.
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FAQ

What is the current stock price of Cohen & Steers (CNS)?

The current stock price of Cohen & Steers (CNS) is $100.47 as of November 15, 2024.

What is the market cap of Cohen & Steers (CNS)?

The market cap of Cohen & Steers (CNS) is approximately 5.1B.

What does Cohen & Steers specialize in?

Cohen & Steers specializes in liquid real assets, including real estate securities, listed infrastructure, commodities, and natural resource equities.

Where is Cohen & Steers headquartered?

Cohen & Steers is headquartered in New York City, with additional offices in London, Hong Kong, Tokyo, and Seattle.

What are the primary assets managed by Cohen & Steers?

The primary assets managed by Cohen & Steers include real estate investment trusts (REITs), preferred securities, utilities stocks, and other high-yield offerings.

How is Cohen & Steers' asset distribution balanced?

Cohen & Steers’ asset distribution is balanced among closed-end funds, open-end funds, and institutional accounts.

What were the recent financial highlights?

Recent financial highlights include quarterly earnings reports, strategic equity offerings, and consistent growth in managed assets and base management fees.

How can investors access Cohen & Steers' earnings reports?

Investors can access earnings reports on the company's website under 'Company—Investor Relations—Earnings Archive'.

Who are the key executives at Cohen & Steers?

Key executives include CEO Joseph Harvey, CFO Matthew Stadler, and CIO Jon Cheigh.

What recent strategic initiatives has Cohen & Steers undertaken?

Recent strategic initiatives include an 'at-the-market' equity offering program that raised approximately $68.4 million.

Which index recently included Cohen & Steers?

Cohen & Steers was recently included in the S&P SmallCap 600 index.

How can one participate in Cohen & Steers’ conference calls?

Participants can join the conference calls via webcast and telephone, with details provided on the company’s official website.

Cohen & Steers Inc.

NYSE:CNS

CNS Rankings

CNS Stock Data

5.08B
50.56M
46.74%
61.71%
3.67%
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