Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

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 $12.11 and traded as high as $12.80. Cohen & Steers Quality Income Realty Fund shares last traded at $12.80, with a volume of 671,653 shares traded.

Cohen & Steers Quality Income Realty Fund Price Performance

The company’s 50-day moving average price is $11.83 and its two-hundred day moving average price is $12.11.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be issued a $0.09 dividend. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, March 10th.

Institutional Investors Weigh In On Cohen & Steers Quality Income Realty Fund

Institutional investors have recently made changes to their positions in the company. J.Safra Asset Management Corp bought a new position in shares of Cohen & Steers Quality Income Realty Fund during the third quarter worth approximately $25,000. Atlantic Union Bankshares Corp grew 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 valued at $25,000 after buying an additional 1,500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth $36,000. Root Financial Partners LLC bought a new position in Cohen & Steers Quality Income Realty Fund during the 3rd quarter worth $37,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 75.3% during the fourth quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 1,414 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.