Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.41 and traded as high as $13.15. Cohen & Steers Quality Income Realty Fund shares last traded at $13.0890, with a volume of 433,687 shares changing hands.

Cohen & Steers Quality Income Realty Fund Stock Up 0.1%

The stock’s fifty day simple moving average is $12.88 and its 200-day simple moving average is $12.41.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm 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 $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%.

Institutional Trading of Cohen & Steers Quality Income Realty Fund

A number of institutional investors have recently bought and sold shares of RQI. Atlantic Union Bankshares Corp boosted its holdings in Cohen & Steers Quality Income Realty Fund by 290.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 2,017 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at about $36,000. CoreCap Advisors LLC boosted its holdings in Cohen & Steers Quality Income Realty Fund by 75.3% in the 4th quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 1,414 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,331 shares during the period. Finally, Triumph Capital Management bought a new stake in Cohen & Steers Quality Income Realty Fund in the 3rd quarter valued at about $59,000.

About Cohen & Steers Quality Income Realty Fund

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.