Comerica Bank Decreases Stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Comerica Bank lowered its stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,890 shares of the real estate investment trust’s stock after selling 1,992 shares during the period. Comerica Bank’s holdings in Cohen & Steers Quality Income Realty Fund were worth $378,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in RQI. Geneos Wealth Management Inc. acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the fourth quarter worth $28,000. Golden State Wealth Management LLC acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the fourth quarter worth $61,000. Rialto Wealth Management LLC acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the fourth quarter worth $63,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the fourth quarter worth $64,000. Finally, Harbour Investments Inc. increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 18.6% in the fourth quarter. Harbour Investments Inc. now owns 6,221 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 977 shares during the period.

Cohen & Steers Quality Income Realty Fund Trading Up 2.2%

NYSE:RQI opened at $12.54 on Friday. Cohen & Steers Quality Income Realty Fund, Inc. has a 1-year low of $10.39 and a 1-year high of $14.41. The company’s fifty day moving average price is $12.09 and its 200-day moving average price is $12.63.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a dividend yield of 7.81%.

About Cohen & Steers Quality Income Realty Fund

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