Cohen & Steers Total Return Realty Fund (NYSE:RFI) Shares Pass Below 200 Day Moving Average – Should You Sell?

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.67 and traded as low as $11.04. Cohen & Steers Total Return Realty Fund shares last traded at $11.0750, with a volume of 90,138 shares traded.

Cohen & Steers Total Return Realty Fund Stock Performance

The firm has a fifty day moving average price of $11.17 and a two-hundred day moving average price of $11.67.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

Several hedge funds and other institutional investors have recently made changes to their positions in RFI. Royal Bank of Canada lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 5.8% in the 1st quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust’s stock worth $2,021,000 after purchasing an additional 9,093 shares during the period. AdvisorNet Financial Inc increased its holdings in Cohen & Steers Total Return Realty Fund by 65.2% during the second quarter. AdvisorNet Financial Inc now owns 2,610 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 1,030 shares during the last quarter. Consolidated Portfolio Review Corp increased its holdings in Cohen & Steers Total Return Realty Fund by 3.8% during the second quarter. Consolidated Portfolio Review Corp now owns 36,275 shares of the real estate investment trust’s stock valued at $437,000 after buying an additional 1,337 shares during the last quarter. Allworth Financial LP bought a new position in Cohen & Steers Total Return Realty Fund in the second quarter worth approximately $25,000. Finally, Samalin Investment Counsel LLC raised its position in Cohen & Steers Total Return Realty Fund by 1.4% in the second quarter. Samalin Investment Counsel LLC now owns 78,241 shares of the real estate investment trust’s stock worth $944,000 after acquiring an additional 1,068 shares during the period. Hedge funds and other institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.