Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Passes Above 200-Day Moving Average – Should You Sell?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.23 and traded as high as $13.04. Cohen & Steers Quality Income Realty Fund shares last traded at $13.0150, with a volume of 277,008 shares trading hands.

Cohen & Steers Quality Income Realty Fund Stock Performance

The company’s 50 day moving average price is $12.73 and its two-hundred day moving average price is $12.23.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

Large investors have recently bought and sold shares of the business. Osaic Holdings Inc. raised its stake in Cohen & Steers Quality Income Realty Fund by 19.9% in the second quarter. Osaic Holdings Inc. now owns 261,071 shares of the real estate investment trust’s stock worth $3,251,000 after buying an additional 43,268 shares in the last quarter. Wealth Advisory Solutions LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 27.5% in the third quarter. Wealth Advisory Solutions LLC now owns 450,629 shares of the real estate investment trust’s stock worth $5,619,000 after buying an additional 97,065 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 823.8% in the third quarter. Ameritas Advisory Services LLC now owns 204,042 shares of the real estate investment trust’s stock worth $2,544,000 after buying an additional 181,955 shares in the last quarter. Mission Hills Financial Advisory LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 18.5% in the third quarter. Mission Hills Financial Advisory LLC now owns 947,719 shares of the real estate investment trust’s stock worth $11,818,000 after buying an additional 148,034 shares in the last quarter. Finally, Lake Street Private Wealth LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 10.9% in the third quarter. Lake Street Private Wealth LLC now owns 473,400 shares of the real estate investment trust’s stock worth $5,903,000 after buying an additional 46,375 shares in 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.