Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.31 and traded as high as $13.32. Cohen & Steers Quality Income Realty Fund shares last traded at $13.2210, with a volume of 278,870 shares.

Cohen & Steers Quality Income Realty Fund Stock Performance

The business’s fifty day moving average price is $12.75 and its 200 day moving average price is $12.31.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, June 9th.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Wolverine Asset Management LLC bought a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at $3,208,000. Independent Financial Group LLC bought a new stake in Cohen & Steers Quality Income Realty Fund in the first quarter valued at $3,342,000. Ameritas Advisory Services LLC increased its stake in Cohen & Steers Quality Income Realty Fund by 823.8% in the third quarter. Ameritas Advisory Services LLC now owns 204,042 shares of the real estate investment trust’s stock valued at $2,544,000 after purchasing an additional 181,955 shares in the last quarter. Rivernorth Capital Management LLC bought a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at $1,886,000. Finally, Jane Street Group LLC bought a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at $1,812,000.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.