Kaydon The performance-critical products maker's Chief Financial Officer, Peter DeChants, announced earlier this month that he will retire next year. Timothy Heasley, former corporate controller of Gibraltar Industries, was named finance chief. "While KDN's higher margin legacy businesses should generate ample cash to pay down its debt levels, absent accretive acquisitions, we see few immediate revenue and earnings catalysts," KeyBanc Capital Markets analysts wrote in a Feb. 27 report. "While we believe KDN retains plenty of balance sheet firepower to fund acquisitions should they become available, we think the special dividend decision was driven by the lack of attractive candidates, a situation that could persist for the time being." Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin decreased from the previous year. Kaydon is extremely liquid. Its Quick Ratio is 6.14, which shows the company can meet its short-term cash needs. In the fourth quarter, stockholders' net worth decreased 3.45% from the prior year. TheStreet Ratings' price target is $43.43.
Cohen & Steers The investment management services company announced earlier this month that it started the Cohen & Steers Real Assets fund, which tries to maximize real returns in inflationary times. "US real estate strategies, advisory separate accounts and mutual funds had net inflows in 4Q, and gross redemptions were flat sequentially, suggesting that CNS has robust products and channels to drive future organic growth," Bank of America Merrill Lynch analysts wrote in a Jan. 30 report. "Still, we did reduce our forecast 2012 inflows to $4.6bn, an 11% organic growth rate." Forward Annual Dividend Yield: 2.3% Rated "B (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin increased from the previous year. TheStreet Ratings' price target is $36.86.