Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.18 and traded as high as $12.93. Cohen & Steers Quality Income Realty Fund shares last traded at $12.84, with a volume of 247,993 shares.

Cohen & Steers Quality Income Realty Fund Stock Up 1.6%

The firm has a fifty day moving average price of $12.63 and a two-hundred day moving average price of $12.18.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a dividend of $0.09 per share. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Tuesday, June 9th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Morgan Stanley increased its holdings in Cohen & Steers Quality Income Realty Fund by 0.3% during the 4th quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock worth $59,028,000 after purchasing an additional 16,811 shares during the period. Bank of America Corp DE increased its holdings in 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 worth $32,491,000 after purchasing an additional 16,196 shares during the period. Raymond James Financial Inc. increased its holdings in 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 purchasing an additional 94,428 shares during the period. Mission Hills Financial Advisory LLC increased its holdings in 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 purchasing 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% during the 4th quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock worth $9,852,000 after purchasing an additional 75,816 shares during the period.

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.