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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.37 and traded as high as $13.44. Cohen & Steers Quality Income Realty Fund shares last traded at $13.3420, with a volume of 185,989 shares traded.

Cohen & Steers Quality Income Realty Fund Price Performance

The firm has a 50-day simple moving average of $12.81 and a 200-day simple moving average of $12.37.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.09 dividend. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, June 9th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Morgan Stanley lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 0.3% during the 4th quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock valued at $59,028,000 after buying an additional 16,811 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 8.6% during the 1st quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock valued at $33,504,000 after buying an additional 219,521 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock valued at $25,586,000 after buying an additional 94,428 shares in the last quarter. Mission Hills Financial Advisory LLC lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 6.4% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock valued at $11,514,000 after buying an additional 60,528 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 9.6% during the 4th quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock valued at $9,852,000 after buying an additional 75,816 shares in the last quarter.

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.