Landscape Capital Management L.L.C. Buys Shares of 86,044 Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

Landscape Capital Management L.L.C. bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 86,044 shares of the investment management company’s stock, valued at approximately $1,709,000.

Other large investors have also recently modified their holdings of the company. Heritage Wealth Advisors purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at approximately $35,000. Murphy Middleton Hinkle & Parker Inc. purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at approximately $59,000. US Bancorp DE boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 182.1% in the third quarter. US Bancorp DE now owns 3,557 shares of the investment management company’s stock valued at $80,000 after purchasing an additional 2,296 shares during the period. Triumph Capital Management purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at approximately $109,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 10.1% in the third quarter. Fifth Third Bancorp now owns 9,913 shares of the investment management company’s stock valued at $223,000 after purchasing an additional 913 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Trading Down 0.3%

Shares of NYSE RNP opened at $20.44 on Tuesday. The stock has a 50 day moving average price of $20.77 and a 200 day moving average price of $20.54. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52-week low of $19.27 and a 52-week high of $22.99.

Cohen & Steers REIT and Preferred Income 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 $0.136 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 8.0%.

Cohen & Steers REIT and Preferred Income Fund Company Profile

Cohen & Steers® REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end management investment company that seeks to provide current income and, to a lesser extent, capital appreciation. The Fund pursues its objectives by investing primarily in equity real estate investment trusts (REITs) and preferred securities issued by U.S. and non-U.S. real estate companies. It employs a research-driven, bottom-up selection process to identify securities that offer attractive income yields while seeking to manage downside risk through diversification across sectors and geographies.

In its equity portfolio, the Fund typically holds shares of publicly traded REITs spanning property types such as industrial, office, retail, residential and specialty real estate.