Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.61 and traded as low as $11.04. Cohen & Steers Total Return Realty Fund shares last traded at $11.1150, with a volume of 98,343 shares trading hands.

Cohen & Steers Total Return Realty Fund Trading Up 0.3%

The company has a fifty day simple moving average of $11.11 and a two-hundred day simple moving average of $11.61.

Cohen & Steers Total Return Realty Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be paid a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Tuesday, March 10th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cresset Asset Management LLC grew its position in shares of Cohen & Steers Total Return Realty Fund by 7.4% in the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock valued at $160,000 after buying an additional 905 shares during the last quarter. AdvisorNet Financial Inc boosted its stake in Cohen & Steers Total Return Realty Fund by 65.2% in the second quarter. AdvisorNet Financial Inc now owns 2,610 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 1,030 shares in the last quarter. Samalin Investment Counsel LLC grew its holdings in shares of Cohen & Steers Total Return Realty Fund by 1.4% during the second quarter. Samalin Investment Counsel LLC now owns 78,241 shares of the real estate investment trust’s stock worth $944,000 after purchasing an additional 1,068 shares during the last quarter. WealthBridge Capital Management LLC increased its position in shares of Cohen & Steers Total Return Realty Fund by 1.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 68,187 shares of the real estate investment trust’s stock worth $753,000 after purchasing an additional 1,150 shares in the last quarter. Finally, Consolidated Portfolio Review Corp increased its position in shares of Cohen & Steers Total Return Realty Fund by 3.8% during the second quarter. Consolidated Portfolio Review Corp now owns 36,275 shares of the real estate investment trust’s stock worth $437,000 after purchasing an additional 1,337 shares in the last quarter. Hedge funds and other institutional investors 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.