Eye Catching Stock: Cohen & Steers (NYSE:CNS)

Cohen & Steers (NYSE:CNS) changed -1.66% to recent value of $51.5. The stock transacted 224993 shares during most recent day however it has an average volume of 180.61K shares. It spotted trading -3.77% off 52-week high price. On the other end, the stock has been noted 56.30% away from the low price over the last 52-weeks.

On Aug. 1, 2019, Cohen & Steers (NYSE:CNS) has announced that Joseph Harvey, President and Chief Investment Officer, has joined the company’s Board of Directors, effective August 1, 2019.

Robert Steers, Chief Executive Officer, commented on behalf of the Board of Directors, Joe’s extensive experience and knowledge of our business, culture, investment process and our unique approach to active management will be an invaluable asset to the Board.

Over his 27-year tenure with Cohen & Steers, Mr. Harvey has been instrumental in sharpening the company’s investment process and business strategy. He joined Cohen & Steers in 1992 as a REIT analyst, was elevated to portfolio manager in 1998, and has served as the firm’s President and Chief Investment Officer since 2003. During that time, he has been a leading contributor to the company’s consistent investment performance, delivering value to shareholders and clients.

Since its inception in 1986 as a specialist manager of U.S. REITs, Cohen & Steers has expanded its investment capabilities to include additional liquid real assets, including listed infrastructure, midstream energy and natural resource equities, as well as preferred securities and other income solutions. These strategies offer the potential for attractive total returns and stable income, while delivering portfolio diversification benefits. Employing 300+ people in four offices across the U.S., Europe and Asia, Cohen & Steers has more than $62 billion in assets under management as of June 30, 2019.

CNS has a gross margin of 86.70% and an operating margin of 37.90% while its profit margin remained 29.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained 36.90% for this year while earning per share for the next 5-years is expected to reach at 6.10%.

The company has 46.92M of outstanding shares and 22.17M shares were floated in the market.  The price moved ahead of -1.33% from the mean of 20 days, 0.46% from mean of 50 days SMA and performed 20.87% from mean of 200 days price. Company’s performance for the week was -0.96%, -0.98% for month and YTD performance remained 50.06%.

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