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Meeder Asset Management Inc. and Central Pacific Bank Trust Division recently acquired new stakes in Cohen & Steers, valued at $161,000 and $224,000, respectively. AQR Capital Management increased its stake by 5.5%, now owning shares worth $238,000. Institutional investors hold 51.47% of the stock, while UBS Group upgraded its rating from "sell" to "neutral" with a price target of $102.00. Cohen & Steers reported a quarterly EPS of $0.77, exceeding estimates, with revenue of $133.20 million, up 7.7% year-over-year. Insider trading activity included significant sales by executives, with 47.60% of shares owned by insiders.
Cohen & Steers, Inc. holds a Neutral rating from UBS and specializes in global investment management, focusing on real assets and alternative income. The firm operates through a wealth channel, including various financial advisors and institutions, and an institutional channel serving sovereign wealth funds and corporate plans. It manages open-end funds, institutional accounts, and closed-end funds.
Cohen & Steers, Inc. is a global asset management holding company specializing in real estate and alternative income, including various investment vehicles such as open-end funds, institutional accounts, and closed-end funds. The firm operates through two distribution channels: Wealth, which serves registered investment advisors and broker-dealers, and Institutional, catering to sovereign wealth funds, corporate plans, and other financial institutions.
UBS has upgraded Cohen & Steers (NYSE: CNS) to Neutral from Sell, raising the price target to $102 from $63, citing improved fundamentals and a robust $1.3 billion inflow in Q3. Despite a positive outlook, caution is advised due to high stock valuation compared to historical averages. The firm also announced leadership changes and plans for new growth initiatives, including active ETFs.
Cohen & Steers, Inc. is a global asset management holding company specializing in real estate and alternative income, including various investment vehicles such as open-end funds, institutional accounts, and closed-end funds. Its distribution network operates through two main channels: Wealth, which serves registered investment advisors and broker-dealers, and Institutional, catering to sovereign wealth funds and corporate plans. Recently, UBS has lowered its sell rating on the firm.

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