Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Crosses Above 200-Day Moving Average – What’s Next?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.51 and traded as high as $12.92. Cohen & Steers Quality Income Realty Fund shares last traded at $12.7750, with a volume of 939,829 shares trading hands.

Cohen & Steers Quality Income Realty Fund Stock Down 0.4%

The business’s 50 day simple moving average is $13.10 and its 200 day simple moving average is $12.51.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a $0.09 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.5%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the fourth quarter worth about $3,208,000. Lake Street Private Wealth LLC increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 10.9% during the third quarter. Lake Street Private Wealth LLC now owns 473,400 shares of the real estate investment trust’s stock worth $5,903,000 after acquiring an additional 46,375 shares during the period. Indivisible Partners acquired a new position in shares of Cohen & Steers Quality Income Realty Fund during the fourth quarter worth about $1,228,000. Mission Hills Financial Advisory LLC increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 6.4% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the period. Finally, Cornerstone Advisors LLC increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 6.3% during the third quarter. Cornerstone Advisors LLC now owns 370,536 shares of the real estate investment trust’s stock worth $4,621,000 after acquiring an additional 21,989 shares during the period.

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.