Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.55 and traded as low as $11.49. Cohen & Steers Total Return Realty Fund shares last traded at $11.6750, with a volume of 139,480 shares.

Cohen & Steers Total Return Realty Fund Trading Up 0.9%

The stock has a fifty day simple moving average of $11.10 and a 200-day simple moving average of $11.55.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be issued a $0.08 dividend. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, March 10th.

Institutional Trading of Cohen & Steers Total Return Realty Fund

Large investors have recently bought and sold shares of the business. Allworth Financial LP purchased a new stake in shares of Cohen & Steers Total Return Realty Fund during the 2nd quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Cohen & Steers Total Return Realty Fund by 36.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 979 shares during the last quarter. Eastern Bank purchased a new stake in shares of Cohen & Steers Total Return Realty Fund in the third quarter valued at $46,000. Newbridge Financial Services Group Inc. purchased a new stake in Cohen & Steers Total Return Realty Fund during the 2nd quarter worth about $108,000. Finally, CoreCap Advisors LLC raised its stake in Cohen & Steers Total Return Realty Fund by 17.7% in the 4th quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock valued at $110,000 after purchasing an additional 1,500 shares during the last quarter. Institutional investors and hedge funds 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.