Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) Director Nolan Allan Watson bought 100,000 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was bought at an average price of $1.01 per share, for a total transaction of $101,000.00.

Nolan Allan Watson also recently made the following trade(s):

  • On Thursday, September 28th, Nolan Allan Watson bought 24,500 shares of Cohen & Steers REIT/Pfd Inc Fd stock. The stock was bought at an average price of $0.13 per share, for a total transaction of $3,185.00.
  • On Wednesday, September 27th, Nolan Allan Watson bought 163,000 shares of Cohen & Steers REIT/Pfd Inc Fd stock. The stock was bought at an average price of $0.13 per share, for a total transaction of $21,190.00.
  • On Tuesday, September 26th, Nolan Allan Watson bought 139,500 shares of Cohen & Steers REIT/Pfd Inc Fd stock. The stock was bought at an average price of $0.13 per share, for a total transaction of $18,135.00.
  • On Monday, September 11th, Nolan Allan Watson bought 173,000 shares of Cohen & Steers REIT/Pfd Inc Fd stock. The stock was bought at an average price of $0.13 per share, for a total transaction of $22,490.00.

Cohen & Steers REIT/Pfd Inc Fd (RNP) traded down $0.12 on Wednesday, reaching $20.81. 50,486 shares of the company traded hands, compared to its average volume of 95,741. Cohen & Steers REIT/Pfd Inc Fd has a 52-week low of $18.52 and a 52-week high of $21.98.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were paid a dividend of $0.124 per share. The ex-dividend date was Tuesday, November 14th. This represents a $1.49 annualized dividend and a yield of 7.15%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Stratos Wealth Partners LTD. acquired a new stake in Cohen & Steers REIT/Pfd Inc Fd during the second quarter worth about $216,000. Cetera Investment Advisers acquired a new stake in Cohen & Steers REIT/Pfd Inc Fd during the second quarter worth about $245,000. Ameriprise Financial Inc. raised its stake in Cohen & Steers REIT/Pfd Inc Fd by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 11,935 shares of the investment management company’s stock worth $240,000 after acquiring an additional 518 shares during the period. Sheaff Brock Investment Advisors LLC acquired a new stake in Cohen & Steers REIT/Pfd Inc Fd during the second quarter worth about $265,000. Finally, Advisor Group Inc. raised its stake in Cohen & Steers REIT/Pfd Inc Fd by 2.7% during the second quarter. Advisor Group Inc. now owns 15,005 shares of the investment management company’s stock worth $311,000 after acquiring an additional 389 shares during the period.

ILLEGAL ACTIVITY NOTICE: This report was first reported by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/12/06/cohen-steers-reitpfd-inc-fd-rnp-director-nolan-allan-watson-purchases-100000-shares.html.

About Cohen & Steers REIT/Pfd Inc Fd

Cohen & Steers REIT and Preferred Income Fund, Inc (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objective is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation.

Insider Buying and Selling by Quarter for Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP)

Receive News & Ratings for Cohen & Steers REIT/Pfd Inc Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers REIT/Pfd Inc Fd and related companies with MarketBeat.com's FREE daily email newsletter.