Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.34 and traded as high as $11.47. Cohen & Steers Total Return Realty Fund shares last traded at $11.33, with a volume of 149,221 shares changing hands.

Cohen & Steers Total Return Realty Fund Stock Down 0.6%

The company’s fifty day simple moving average is $11.34 and its two-hundred day simple moving average is $11.32.

Cohen & Steers Total Return Realty Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 8.5%.

Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund

Large investors have recently made changes to their positions in the company. NWF Advisory Services Inc. boosted its stake in Cohen & Steers Total Return Realty Fund by 2.8% in the 1st quarter. NWF Advisory Services Inc. now owns 33,425 shares of the real estate investment trust’s stock valued at $372,000 after purchasing an additional 900 shares during the period. Cresset Asset Management LLC increased its position in Cohen & Steers Total Return Realty Fund by 7.4% during the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock worth $160,000 after buying an additional 905 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Cohen & Steers Total Return Realty Fund by 36.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 979 shares during the period. Comerica Bank increased its position in Cohen & Steers Total Return Realty Fund by 3.9% during the 4th quarter. Comerica Bank now owns 27,778 shares of the real estate investment trust’s stock worth $307,000 after buying an additional 1,043 shares during the period. Finally, WealthBridge Capital Management LLC lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 1.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 68,187 shares of the real estate investment trust’s stock worth $753,000 after buying an additional 1,150 shares in the last quarter. Institutional investors own 20.42% of the company’s stock.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.