Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.20 and traded as high as $13.32. Cohen & Steers Quality Income Realty Fund shares last traded at $13.24, with a volume of 625,306 shares traded.

Cohen & Steers Quality Income Realty Fund Stock Performance

The stock has a 50 day moving average price of $12.34 and a 200 day moving average price of $12.20.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be given a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a c) annualized dividend and a yield of 8.2%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RQI. Morgan Stanley grew its holdings in Cohen & Steers Quality Income Realty Fund by 0.3% during the fourth quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock valued at $59,028,000 after purchasing an additional 16,811 shares during the period. Bank of America Corp DE lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 2,605,508 shares of the real estate investment trust’s stock valued at $32,491,000 after buying an additional 16,196 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock worth $25,586,000 after acquiring an additional 94,428 shares during the period. Mission Hills Financial Advisory LLC grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 6.4% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the period. Finally, LPL Financial LLC increased its holdings in Cohen & Steers Quality Income Realty Fund by 9.6% in the 4th quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock worth $9,852,000 after acquiring an additional 75,816 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Company Profile

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.