Latest news with #Cohen&Steers
Business Insider
20 hours ago
- Business
- Business Insider
Evercore ISI Remains a Buy on Cohen & Steers (CNS)
Evercore ISI analyst John Dunn maintained a Buy rating on Cohen & Steers on July 3 and set a price target of $81.00. The company's shares closed last Thursday at $78.01. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dunn is a 4-star analyst with an average return of 14.0% and a 56.10% success rate. The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cohen & Steers with a $67.00 average price target. Based on Cohen & Steers' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $139.84 million and a net profit of $39.78 million. In comparison, last year the company earned a revenue of $120.48 million and had a net profit of $34 million Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNS in relation to earlier this year. Most recently, in May 2025, Jon Cheigh, the President and CIO of CNS sold 25,500.00 shares for a total of $2,040,255.00.
Business Insider
10-06-2025
- Business
- Business Insider
Cohen & Steers reports preliminary AUM of $88.6B as of May 31
Cohen & Steers reported preliminary assets under management of $88.6B as of May 31, an increase of $1.1B from assets under management of $87.5B at April 30. The increase was due to market appreciation of $1.3B, partially offset by distributions of $150M and net outflows of $88M. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
09-06-2025
- Business
- Yahoo
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for May 2025
NEW YORK, June 9, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $88.6 billion as of May 31, 2025, an increase of $1.1 billion from assets under management of $87.5 billion at April 30, 2025. The increase was due to market appreciation of $1.3 billion, partially offset by distributions of $150 million and net outflows of $88 million. Assets Under Management (unaudited) ($ in millions) AUM Net MarketAUM By investment vehicle: 4/30/2025 Flows App/(Dep) Distributions 5/31/2025 Institutional Accounts: Advisory $19,937 $10 $352 - $20,299 Subadvisory 14,091 (19) 306 (57) 14,321 Total Institutional Accounts 34,028 (9) 658 (57) 34,620 Open-end Funds 42,210 (80) 510 (42) 42,598 Closed-end Funds 11,271 1 176 (51) 11,397 Total AUM $87,509 ($88) $1,344 ($150) $88,615 About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore. View original content: SOURCE Cohen & Steers, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-04-2025
- Business
- Yahoo
Cohen & Steers, Inc. to Release First Quarter 2025 Results on April 16, 2025
NEW YORK, April 9, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release first quarter 2025 results after the market closes on Wednesday, April 16, 2025. The earnings release and accompanying earnings presentation will be available on the company's website at under "Company—Investor Relations—Earnings Archive." The company will host a conference call on Thursday, April 17, 2025 at 10:00 a.m. (ET) with access available via webcast and telephone. Chief executive officer, Joseph Harvey, chief financial officer, Raja Dakkuri, and president and chief investment officer, Jon Cheigh, will review the company's operating results and outlook and be available for questions. Investors and analysts can access the live conference call by dialing 800-715-9871 (U.S.) or +1-646-307-1963 (international); passcode: 8494569. Participants should plan to register at least 10 minutes before the conference call begins. A replay of the call will be available for two weeks starting approximately two hours after the conference call concludes and can be accessed at 800-770-2030 (U.S.) or +1-609-800-9909 (international); passcode: 8494569. Internet access to the webcast, which includes audio (listen-only), will be available on the company's website at under "Company—Investor Relations" under "Financials." The webcast will be archived on the website for one month. About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore. View original content: SOURCE Cohen & Steers, Inc. Sign in to access your portfolio
Yahoo
04-04-2025
- Business
- Yahoo
Shell-shocked markets brace for more tariff tumult
By Lewis Krauskopf NEW YORK (Reuters) -Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump's sweeping import levies keeping investors on edge after the worst week for U.S. stocks since the onset of the coronavirus crisis five years ago. Investors will look for signs the stock market may be close to at least a short-term bottom after Trump's tariffs rocked global asset prices this week. The benchmark S&P 500 lodged its biggest weekly drop since March 2020 and the Nasdaq Composite on Friday ended down more than 20% from its December record high, confirming the tech heavy index is in a bear market. The Dow Jones Industrial Average finished the week down well over 10% from its December record high, marking a correction for the blue-chip index. More volatility could be in store ahead of the April 9 deadline Trump set for his reciprocal global tariffs to take effect, after his Wednesday announcement of the levies sent markets into a tailspin, raising fears of a global recession. "The playbook on this is very, very unclear for everybody," said Jeffrey Palma, head of multi-asset solutions at Cohen & Steers. "There is all the questions about tariffs, retaliatory tariffs, where this ends and where it shakes out." With the steep slide at the end of the week, the S&P 500 was down over 17% from its February 19 all-time closing high. In the two days following Trump's tariff announcement, S&P 500 companies lost about $5 trillion in market value, the largest amount ever in a two-day stretch, according to LSEG data. "The markets could be their own worst enemy," said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management. "This kind of drawdown ... could shake confidence and it could actually lead to weaker economic activity." Trump's tariffs would amount to the highest trade barriersin more than a century, including a 10% baseline tariff on all imports and higher targeted duties on dozens of countries. The trade battle escalated on Friday when China hit back with additional tariffs of 34% on U.S. goods. Investors downgraded their economic and earnings forecasts, with JPMorgan analysts raising the risk of a global recession this year to 60% from 40% before. Some investors held out hope that Trump would negotiate deals in coming days with some countries that would roll back some of the tariffs. Others were dubious that Trump would make any concessions. Despite Trump's opportunity to pivot, "it is not lost on us that the window is shrinking and some damage to consumer and business confidence may have been done already regardless of the negotiated ending point to follow," Citi strategist Scott Chronert said in a note on Friday. One sign of gloom: The Cboe Volatility Index, an options-based measure of investor anxiety, registered its highest closing level since April 2020. Bearish sentiment in the American Association of Individual Investors survey reached 61.9%, its highest reading since 2009 during the financial crisis. With tariffs clouding the outlook, investors are wary of dour financial forecasts as U.S. companies kick off quarterly reports in earnest in the coming week. S&P 500 earnings are expected to have climbed 7.8% in the first quarter from the year ago period, according to LSEG IBES. Companies set to report next week include major banks JPMorgan and Wells Fargo due on April 11. "We see a lot of uncertainty in the earnings outlook at the moment," said RBC Capital Markets strategists in a Friday note, in which they cut their 2025 earnings forecast for the S&P 500. The market selloff and increasing pessimism could mean the bar is lower for news that would buoy stocks, said Keith Lerner, co-chief investment officer with Truist Advisory Services. "If you had anything that was even remotely positive right now, you could see a short-term spark because people are braced for the negative outcome," Lerner said. Also in the coming week, the monthly consumer price index report on Thursday could help set a baseline for U.S. inflation ahead of the impact from tariffs, which are widely expected to add to pricing pressures. Investors have been factoring in more Federal Reserve interest rate cuts this year in the wake of the tariff announcement, with Fed fund futures accounting for 100 basis points of easing this year, according to LSEG data. Fed Chair Jerome Powell said on Friday that the tariffs are "larger than expected" and the economic fallout, including higher inflation and slower growth, likely will be as well. Palma, of Cohen & Steers, said it was critical for markets to show some stability in the coming days. "We've had two really, really big days in terms of sharp market moves," Palma said. "What we really don't want to see is that starts to create some vicious cycle that itself destabilizes the financial system."
