Cohen & Steers(CNS)

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ICF: Not As Attractive As The CEFs From Cohen & Steers
Seeking Alpha· 2024-04-24 03:31
pcess609 Thesis The iShares Cohen & Steers REIT ETF (BATS:ICF) is a fixed income exchange-traded fund. The vehicle focuses on REIT equity, and has a passive investment approach. The fund comes from BlackRock, but via its build benefits from the Cohen & Steers expertise in the space, aiming to follow the Cohen & Steers Realty Majors Index. We find ICF very interesting because it brings to light the difference between active and passive investing. We have covered the Cohen & Steers Total Return Realty Fund (R ...
Cohen & Steers Raises $70 Million in Gross Proceeds from At-the-Market Equity Offering
Prnewswire· 2024-04-22 22:33
NEW YORK, April 22, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) has offered and sold 1,007,057 shares of its common stock (the "Shares") through its "at-the-market" equity offering program (the "ATM Program"). The Shares were offered and sold through BofA Securities, as sales agent, at an average price per share of $69.60. The expected net proceeds to Cohen & Steers, after deducting commissions and estimated offering expenses, are approximately $68.4 million. The sales of the Shares are expected t ...
RFI: Similar Yield To Other Cohen & Steers REIT CEFs, Yet At Lower Risk
Seeking Alpha· 2024-04-21 10:48
Richard Drury/DigitalVision via Getty Images Cohen & Steers Total Return Realty (NYSE:RFI) is one of the oldest real estate focused closed end funds, which is managed by the Cohen & Steers group. At its core, RFI seeks to deliver strong total returns by investing in various real estate securities, with a clear focus on equity REITs. Besides the investments in REITs, RFI has circa 19% of its asset base placed in preferred shares and fixed income securities that nicely enhance the yield profile of this CE ...
Cohen & Steers Set to Join S&P SmallCap 600
Prnewswire· 2024-04-18 21:57
NEW YORK, April 18, 2024 /PRNewswire/ -- Cohen & Steers Inc. (NYSE:CNS) will replace Kaman Corp. (NYSE:KAMN) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, April 23. Arcline Investment Management LP is acquiring Kaman in a deal expected to close on April 19, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sect ...
Cohen & Steers(CNS) - 2024 Q1 - Earnings Call Transcript
2024-04-18 21:40
Cohen & Steers, Inc. (NYSE:CNS) Q1 2024 Earnings Conference Call April 18, 2024 10:00 AM ET Company Participants Brian Heller - SVP & Corporate Counsel Matthew Stadler - CFO Joseph Harvey - CEO & President Jon Cheigh - Chief Investment Officer Conference Call Participants John Dunn - Evercore ISI Adam Beatty - UBS Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers First Quarter 2024 Earnings Conference Call. During the presentation, all participants will be in a listen-o ...
Cohen & Steers(CNS) - 2024 Q1 - Quarterly Results
2024-04-17 20:23
Contact: Matthew S. Stadler Executive Vice President Chief Financial Officer Cohen & Steers, Inc. Tel (212) 446-9168 • Operating margin of 32.8%; 35.5%, as adjusted NEW YORK, NY, April 17, 2024—Cohen & Steers, Inc. (NYSE: CNS) today reported its results for the quarter ended March 31, 2024. Revenue • Employee compensation and benefits increased $2.4 million from the fourth quarter of 2023, primarily due to increases in payroll taxes and the company's 401(k) match; Financial Highlights • Diluted EPS of $0.68 ...
COHEN & STEERS REPORTS RESULTS FOR FIRST QUARTER 2024
Prnewswire· 2024-04-17 20:16
NEW YORK, April 17, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported its results for the quarter ended March 31, 2024. The earnings release along with the accompanying earnings presentation can be viewed at Cohen & Steers Reports Results for First Quarter 2024 and on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive." Conference Call The company will host a conference call tomorrow, April 18, 2024, at 10:00 a.m. (ET) to discuss these resul ...
Cohen & Steers Total Return Realty Fund: The Fund's Lack Of Leverage Is Paying Off
Seeking Alpha· 2024-04-16 19:17
Klaus Vedfelt Over the past decade, REITs operated in a low interest rate environment where cheap capital and declining yields fueled a long-term rally for commercial real estate assets. Long-term falling yields of income-producing assets supported elevated REIT valuations and declining capitalization rates in the open market. For real estate investors, this was an easy street with year after year of strong returns. REITs excelled over this era where investors found themselves in a "cannot lose" environment ...
Cohen & Steers, Inc. to Release First Quarter 2024 Results on April 17, 2024
PRNewsWire· 2024-04-10 20:20
NEW YORK, April 10, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) announced that it expects to release first quarter 2024 results after the market closes on Wednesday, April 17, 2024. The earnings release and accompanying earnings presentation will be available on the company's website at www.cohenandsteers.com under "Company—Investor Relations—Earnings Archive."The company will host a conference call on Thursday, April 18, 2024 at 10:00 a.m. (ET) with access available via webcast and telephone. Chi ...
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For March 2024
Prnewswire· 2024-04-08 20:44
NEW YORK, April 8, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $81.2 billion as of March 31, 2024, an increase of $1.6 billion from assets under management of $79.6 billion at February 29, 2024. The increase was due to net inflows of $183 million and market appreciation of $1.7 billion, partially offset by distributions of $298 million. Assets Under Management (unaudited) ($ in millions) AUM Net Market AUM By investment vehic ...