A Director at Cohen & Steers Inc (NYSE: CNS) is Selling Shares

By Carrie Williams

Today, a Director at Cohen & Steers Inc (NYSE: CNS), Peter Rhein, sold shares of CNS for $210.9K.

Following Peter Rhein’s last CNS Sell transaction on June 05, 2014, the stock climbed by 9.3%. This is Rhein’s first transaction since reporting a Sell transaction on HCP back in December 2015

Based on Cohen & Steers Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $97.18 million and quarterly net profit of $25.08 million. In comparison, last year the company earned revenue of $94.96 million and had a net profit of $23.88 million. The company has a one-year high of $47.29 and a one-year low of $32.46. CNS’s market cap is $2.07B and the company has a P/E ratio of 21.47.

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Cohen & Steers, Inc. is a holding company which operates as an investment manager specializing in liquid real assets, which include real estate securities, listed infrastructure, commodities, natural resource equities, preferred securities, and other income solutions. It manages investment vehicles, such as institutional accounts, open-end funds, and closed-end funds. The company was founded by Martin Cohen and Robert Hamilton Steers in 1986 and is headquartered in New York, NY.