Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Holdings Cut by Stifel Financial Corp

Stifel Financial Corp lessened its position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,102 shares of the company’s stock after selling 726 shares during the period. Stifel Financial Corp’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $305,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in LDP. Shaker Financial Services LLC boosted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 10.1% during the 4th quarter. Shaker Financial Services LLC now owns 70,608 shares of the company’s stock valued at $1,426,000 after purchasing an additional 6,486 shares in the last quarter. Oder Investment Management LLC grew its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% during the 4th quarter. Oder Investment Management LLC now owns 65,649 shares of the company’s stock valued at $1,326,000 after acquiring an additional 1,326 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at about $8,092,000. Wells Fargo & Company MN increased its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 29.8% during the 4th quarter. Wells Fargo & Company MN now owns 60,952 shares of the company’s stock worth $1,231,000 after purchasing an additional 13,992 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 11.8% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 186,703 shares of the company’s stock valued at $3,771,000 after buying an additional 19,743 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.4%

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.15 on Thursday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12-month low of $18.38 and a 12-month high of $21.87. The stock has a 50 day moving average price of $19.82 and a two-hundred day moving average price of $20.45.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 14th will be issued a dividend of $0.131 per share. The ex-dividend date is Tuesday, May 13th. This represents a dividend yield of 7.87%.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.