Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Passes Below Two Hundred Day Moving Average of $11.35

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.35 and traded as low as $10.77. Cohen & Steers Total Return Realty Fund shares last traded at $10.85, with a volume of 88,453 shares changing hands.

Cohen & Steers Total Return Realty Fund Stock Up 1.5 %

The company’s fifty day simple moving average is $11.65 and its 200-day simple moving average is $11.35.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 8.85%. The ex-dividend date is Tuesday, June 11th.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

A number of hedge funds have recently added to or reduced their stakes in RFI. Commonwealth Equity Services LLC grew its holdings in Cohen & Steers Total Return Realty Fund by 7.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 866,826 shares of the real estate investment trust’s stock worth $9,084,000 after acquiring an additional 57,387 shares during the last quarter. Cornerstone Advisors LLC lifted its position in Cohen & Steers Total Return Realty Fund by 51.9% during the 3rd quarter. Cornerstone Advisors LLC now owns 138,181 shares of the real estate investment trust’s stock valued at $1,448,000 after purchasing an additional 47,183 shares during the period. Morgan Stanley raised its position in shares of Cohen & Steers Total Return Realty Fund by 2.8% in the 4th quarter. Morgan Stanley now owns 1,352,657 shares of the real estate investment trust’s stock valued at $16,543,000 after acquiring an additional 36,350 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Cohen & Steers Total Return Realty Fund in the 4th quarter valued at approximately $331,000. Finally, Waterloo Capital L.P. acquired a new stake in Cohen & Steers Total Return Realty Fund during the 4th quarter worth approximately $254,000. Institutional investors own 20.42% of the company’s stock.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.