Cohen & Steers Inc (CNS) Soars 4.11%

Cohen & Steers Inc (CNS) Soars 4.11%

Cohen & Steers Inc is a Cohen & Steers is a niche asset manager concentrating on real estate securities.

Cohen & Steers Inc (CNS) had a good day on the market for Tuesday November 24 as shares jumped 4.11% to close at $73.95. About 184,289 shares traded hands on 2,547 trades for the day, compared with an average daily volume of n/a shares out of a total float of 47.79 million. After opening the trading day at $72.08, shares of Cohen & Steers Inc stayed within a range of $74.81 to $71.27.

With today’s gains, Cohen & Steers Inc now has a market cap of $3.53 billion. Shares of Cohen & Steers Inc have been trading within a range of $78.24 and $33.53 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for 62% of its $70.5 billion in managed assets at the end of September 2020. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. It expects to balance distribution among its closed-end mutual funds, open-end mutual funds, and institutional accounts over time. During the third quarter of 2020, the firm garnered 43% (32%) of its assets under management (base management fees) from institutional clients, 45% (50%) from open-end funds, and 12% (18%) from closed-end funds.

Cohen & Steers Inc is based out of New York, NY and has some 328 employees. Its CEO is Robert H. Steers.

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