Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.37 and traded as high as $13.44. Cohen & Steers Quality Income Realty Fund shares last traded at $13.3420, with a volume of 185,989 shares trading hands.

Cohen & Steers Quality Income Realty Fund Stock Performance

The stock has a 50-day moving average price of $12.81 and a two-hundred day moving average price of $12.37.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be given a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Tuesday, June 9th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp lifted its holdings in Cohen & Steers Quality Income Realty Fund by 290.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 2,017 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 1,500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Cohen & Steers Quality Income Realty Fund in the 4th quarter worth approximately $36,000. Root Financial Partners LLC purchased a new position in Cohen & Steers Quality Income Realty Fund in the 3rd quarter worth approximately $37,000. CoreCap Advisors LLC lifted its holdings in Cohen & Steers Quality Income Realty Fund by 75.3% in the 4th quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 1,414 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 2,331 shares in the last quarter.

About Cohen & Steers Quality Income Realty Fund

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.