Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.22 and traded as high as $12.66. Cohen & Steers Quality Income Realty Fund shares last traded at $12.4750, with a volume of 328,683 shares.

Cohen & Steers Quality Income Realty Fund Price Performance

The stock has a fifty day moving average of $12.49 and a two-hundred day moving average of $12.22.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be paid a $0.09 dividend. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Tuesday, March 10th.

Institutional Trading of Cohen & Steers Quality Income Realty Fund

A number of institutional investors and hedge funds have recently bought and sold shares of RQI. Cornerstone Advisors LLC acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth $4,339,000. Wolverine Asset Management LLC purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at $3,208,000. Ameritas Advisory Services LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 823.8% during the 3rd quarter. Ameritas Advisory Services LLC now owns 204,042 shares of the real estate investment trust’s stock valued at $2,544,000 after acquiring an additional 181,955 shares in the last quarter. Rivernorth Capital Management LLC acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the 4th quarter valued at $1,886,000. Finally, Jane Street Group LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth $1,812,000.

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.