Cohen & Steers, a prominent real estate securities asset manager, is set to release its quarterly earnings report on October 16th. This article delves into the key factors investors should consider before the announcement, analyzing past performance, analyst opinions, and key financial metrics. We also compare Cohen & Steers to its peers in the industry, highlighting their respective performance expectations and market positioning.
Results for: Asset Management
ELP Luxury Vacations, a leading asset management firm specializing in luxury vacation rentals, celebrates 3.5 years of success, surpassing $420 million in assets and becoming the first Airbnb Luxe partner in the Florida Panhandle. Their commitment to excellence and bespoke service has earned them recognition in publications like the Wall Street Journal and Forbes, attracting affluent guests and celebrities.
Sun Life Financial (SLF) is a Canadian life insurance company with a strong focus on Asia and North America. The company is benefiting from its growth in asset management and its integration of U.S. operations. SLF’s focus on emerging Asian markets and its capital-light business model are key drivers of its long-term growth strategy. The company is also seeing strong returns from its investments in private fixed-income mortgages and real estate.
Global Asset Solutions, a leading provider of asset management services for luxury hotels, has appointed Juan Manuel Gea as corporate business manager and Jordi Izquierdo as hotel asset manager. These strategic hires bring a wealth of experience and expertise to the company, further bolstering its ability to deliver exceptional results for its clients.
Starlight Investments, a leading global real estate investment and asset management firm, has acquired 84 Kirkstall Road, a 111-suite Build-to-Rent (BTR) community in Leeds, UK. The residence features a range of suite layouts, including one-bedroom, two-bedroom, and three-bedroom suites, many with balconies or terraces. Amenities include a co-working space, media room, and resident lounge. The building incorporates sustainable design elements such as renewable energy systems and high-efficiency lighting.
GF Hotels & Resorts has announced the appointment of Brian Goodman as its Director of Development. With over a decade of experience in the hospitality industry, Goodman brings a wealth of knowledge and a proven track record of success to the company. In his new role, Goodman will be responsible for developing and executing strategies to grow GF Hotels & Resorts’ third-party management portfolio. He will also work closely with the senior leadership team to develop and implement initiatives aimed at increasing asset value for current and future clients.
PakEnergy, a leading provider of software solutions for the energy industry, has unveiled PakEnergy Renewables, a purpose-built system designed to address the unique challenges faced by renewable energy professionals. The software offers targeted features and capabilities directly applicable to project management in solar, wind, geothermal, and carbon capture sectors, enabling seamless portfolio management and streamlined operations.
Despite interest rate hikes and market turmoil, Bank of New York Mellon Corporation (BK) has proven its resilience. The bank’s diverse offerings and strong financial performance support an upgrade from hold to buy. Analysts forecast solid earnings growth and dividend increases, while the stock’s technical outlook has improved. Despite potential cyclical risks, BK’s growth trajectory and attractive valuation make it an appealing investment.
Ameriprise Financial (AMP) delivered strong first-quarter results, exceeding analyst estimates and reporting a 9.6% dividend increase. The investment firm’s adjusted operating EPS reached $8.39, topping expectations of $8.20, and assets under management surged to $1.42 trillion. Ameriprise’s Advice & Wealth Management segment drove earnings growth, while the Asset Management and Retirement & Protection Solutions segments also reported notable improvements.