Peter Albanese an Insider in Tri-Continental (TY) Sold 5,500 Shares of the Company; Cohen & Steers (CNS) Shorts Lowered By 1.17%

June 13, 2018 - By Annabelle Johnson

Cohen & Steers, Inc. (NYSE:CNS) Logo

Cohen & Steers Inc (NYSE:CNS) had a decrease of 1.17% in short interest. CNS’s SI was 3.35M shares in June as released by FINRA. Its down 1.17% from 3.39M shares previously. With 160,300 avg volume, 21 days are for Cohen & Steers Inc (NYSE:CNS)’s short sellers to cover CNS’s short positions. The stock decreased 0.50% or $0.21 during the last trading session, reaching $41.79. About 171,071 shares traded or 2.35% up from the average. Cohen & Steers, Inc. (NYSE:CNS) has risen 3.08% since June 13, 2017 and is uptrending. It has underperformed by 9.49% the S&P500. Some Historical CNS News: ; 04/05/2018 – Cohen & Steers Presenting at Conference May 17; 21/03/2018 – PRESS RELEASE – COHEN & STEERS’ GLOBAL REAL ESTATE FUNDS TO MERGE; 18/04/2018 – COHEN & STEERS INC – QTRLY REVENUE $94.5 MLN VS $89.7 MLN; 26/03/2018 – Cohen & Steers Total Return Realty Fund, Inc. (RFI) Notification of Sources of Distribution Under Section 19(a); 26/03/2018 – Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) Notification of Sources of Distribution Under Section 19(a); 26/03/2018 – Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) Notification of Sources of Distribution Under Section 19(; 03/05/2018 – Cohen & Steers, Inc. Declares Quarterly Dividend; 26/03/2018 – Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP) Notification of Sources of Distribution Under Section 19(a); 26/03/2018 – Cohen & Steers Infrastructure Fund, Inc. (UTF) Notification of Sources of Distribution Under Section 19(a); 26/03/2018 – Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a)

Investors sentiment decreased to 1.23 in Q1 2018. Its down 0.31, from 1.54 in 2017Q4. It is negative, as 19 investors sold Cohen & Steers, Inc. shares while 41 reduced holdings. 28 funds opened positions while 46 raised stakes. 21.69 million shares or 19.14% less from 26.82 million shares in 2017Q4 were reported. Bancshares Of Montreal Can owns 0% invested in Cohen & Steers, Inc. (NYSE:CNS) for 485 shares. Us State Bank De has 394 shares. Geode Mgmt Limited Liability has 0% invested in Cohen & Steers, Inc. (NYSE:CNS) for 179,745 shares. Alpha Windward Limited Com reported 0.31% in Cohen & Steers, Inc. (NYSE:CNS). Impact Lc stated it has 0.66% in Cohen & Steers, Inc. (NYSE:CNS). Candlewood Invest Grp Inc Lp has 11,807 shares for 1.73% of their portfolio. Midas Mngmt owns 65,000 shares or 1.24% of their US portfolio. Renaissance Tech holds 405,100 shares or 0.02% of its portfolio. Leavell Inv Mngmt has 9,500 shares for 0.04% of their portfolio. Tower Rech Capital Lc (Trc) owns 4,165 shares for 0.01% of their portfolio. Guggenheim Cap Limited Co has invested 0% in Cohen & Steers, Inc. (NYSE:CNS). 313 are owned by Northwestern Mutual Wealth Com. Stratos Wealth Prtn Ltd stated it has 180 shares. Virginia Retirement System Et Al has invested 0.01% of its portfolio in Cohen & Steers, Inc. (NYSE:CNS). Parametric Portfolio Assocs Limited Liability Company has invested 0% in Cohen & Steers, Inc. (NYSE:CNS).

Among 6 analysts covering Cohen & Steers (NYSE:CNS), 2 have Buy rating, 3 Sell and 1 Hold. Therefore 33% are positive. Cohen & Steers had 20 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Keefe Bruyette & Woods to “Sell” on Thursday, January 25. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The firm earned “Mkt Perform” rating on Wednesday, October 7 by Keefe Bruyette & Woods. The stock has “Buy” rating by Sidoti on Friday, March 3. As per Monday, April 11, the company rating was initiated by Sidoti. Wood maintained Cohen & Steers, Inc. (NYSE:CNS) rating on Friday, October 14. Wood has “Market Perform” rating and $45 target. As per Monday, April 16, the company rating was upgraded by Gabelli. The rating was maintained by Keefe Bruyette & Woods with “Sell” on Tuesday, April 10. The rating was maintained by Keefe Bruyette & Woods on Thursday, October 19 with “Hold”. The firm has “Buy” rating by Bank of America given on Tuesday, March 15.

Cohen & Steers, Inc. is a publicly owned asset management holding company. The company has market cap of $1.95 billion. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It has a 20.29 P/E ratio. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries.

Another recent and important Cohen & Steers, Inc. (NYSE:CNS) news was published by Streetinsider.com which published an article titled: “Cohen & Steers (CNS) Reports May AUM of $59.3B” on June 11, 2018.

An insider of the company Tri-Continental Corp, Peter Albanese also its shareholder, disclosed his insider trading activities with the (SEC) on 13/06/2018. As discovered in the document, Peter had unloaded 5,500 shares of the public firm. The total sale was worth $151,272 U.S Dollars. At the time of the transaction the price of a share was $27.5. Peter Albanese now has in hand 0.01% of Tri-Continental Corp’s market cap with ownership of 5,068 shares. 

Another recent and important Tri-Continental Corporation (NYSE:TY) news was published by Businesswire.com which published an article titled: “Tri-Continental Corporation Declares Second Quarter Distribution” on May 25, 2018.

The stock increased 0.36% or $0.1 during the last trading session, reaching $27.62. About 71,271 shares traded or 4.33% up from the average. Tri-Continental Corporation (NYSE:TY) has risen 13.06% since June 13, 2017 and is uptrending. It has outperformed by 0.49% the S&P500.

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. The company has market cap of $1.51 billion. It primarily invests in the public equity markets of the United States. It has a 6.28 P/E ratio. The fund invests in stocks of companies that operate across diversified sectors.

Cohen & Steers, Inc. (NYSE:CNS) Institutional Positions Chart