Steward Partners Investment Advisory LLC Has $347,000 Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Steward Partners Investment Advisory LLC lessened its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNPFree Report) by 13.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,218 shares of the investment management company’s stock after selling 2,573 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $347,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 1,678.5% during the 4th quarter. International Assets Investment Management LLC now owns 279,075 shares of the investment management company’s stock worth $5,626,000 after buying an additional 263,383 shares during the period. Ellis Investment Partners LLC lifted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 14.5% during the fourth quarter. Ellis Investment Partners LLC now owns 1,216,619 shares of the investment management company’s stock valued at $24,527,000 after acquiring an additional 153,967 shares during the period. Campbell Capital Management Inc. bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the fourth quarter valued at $1,241,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 18.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 264,157 shares of the investment management company’s stock valued at $5,325,000 after purchasing an additional 40,861 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 65.1% in the 4th quarter. Koshinski Asset Management Inc. now owns 86,614 shares of the investment management company’s stock worth $1,746,000 after purchasing an additional 34,141 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of RNP stock opened at $20.21 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12-month low of $15.52 and a 12-month high of $21.27. The firm has a 50-day moving average price of $20.06 and a 200 day moving average price of $20.04.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be paid a $0.136 dividend. This represents a $1.63 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend is Tuesday, June 11th.

Cohen & Steers REIT and Preferred Income Fund Company Profile

(Free Report)

Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.

Read More

Institutional Ownership by Quarter for Cohen & Steers REIT and Preferred Income Fund (NYSE:RNP)

Receive News & Ratings for Cohen & Steers REIT and Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers REIT and Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.