This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

A REIT and Fund Company With a Low Profile

Yet, the three-month average daily volume is just slightly more than 24,000 shares traded per day, and the fund's net assets as of the end of November 2012 were less than $100 million. GRI seeks to replicate the performance of an index called the Cohen & Steers Global Realty Majors Index.

This index consists of the largest and most liquid securities within the global real estate universe that Cohen & Steers Capital Management believes are likely to lead the global securitization of real estate.

GRI includes some big-name U.S. companies including Simon Property Group (SPG) and HCP (HCP).

Its top holding is "The Mitsubishi Estate," which boasts the leading position in the Japanese market, operating a spectrum of businesses in diverse fields related to real estate, including an office building business centered on the Marunouchi district in central Tokyo, a retail property business, a residential business and a hotel business.

CNS announced on April 3 the addition of a leading commodities research and investment team to its New York headquarters. The four-member commodities team joined the firm effective April 8 to further expand Cohen & Steers' capabilities in real assets investing.

"The expansion of our capabilities in commodities speaks to Cohen & Steers' long-term commitment to investment leadership in real assets strategies," said Martin Cohen, co-chairman and co-chief executive officer of Cohen & Steers. "Along with our market-leading real estate and listed infrastructure capabilities, we believe commodities are an important component of well-diversified investment portfolios."

As you look at a five-year chart of CNS you can see how the shares rose from the ashes of the real estate debacle of 2007-2009 and have soared prosperously. Its free cash flow took a nosedive in early 2012 but has since skyrocketed. CNS Chart CNS data by YCharts

The estimated EPS from five analysts on average is looking for the same 41 cents per share for this quarter as the year-ago quarter. When it comes to sales growth and revenue the analysts have an average consensus estimate of $73.65 million, which would be a 15.6% increase over the year-ago quarter.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CNS $38.53 0.00%
AAPL $93.24 0.00%
FB $117.81 0.00%
GOOG $701.43 0.00%
TSLA $211.53 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs