Royal Bank of Canada Trims Stake in COHEN & STEERS (RFI)
Royal Bank of Canada reduced its position in COHEN & STEERS (NYSE:RFI) by 0.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 40,095 shares of the real estate investment trust’s stock after selling 136 shares during the period. Royal Bank of Canada’s holdings in COHEN & STEERS were worth $505,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC lifted its holdings in shares of COHEN & STEERS by 11.1% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,205 shares of the real estate investment trust’s stock valued at $116,000 after purchasing an additional 920 shares during the last quarter. Blair William & Co. IL acquired a new position in COHEN & STEERS in the 2nd quarter valued at about $130,000. Oppenheimer & Co. Inc. acquired a new position in COHEN & STEERS in the 2nd quarter valued at about $130,000. Doliver Capital Advisors LP acquired a new position in COHEN & STEERS in the 2nd quarter valued at about $139,000. Finally, Institute for Wealth Management LLC. acquired a new position in COHEN & STEERS in the 2nd quarter valued at about $151,000. 9.49% of the stock is owned by institutional investors and hedge funds.
COHEN & STEERS (NYSE:RFI) opened at $12.63 on Monday. COHEN & STEERS has a 52-week low of $11.63 and a 52-week high of $13.03.
The business also recently declared a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 20th will be given a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 7.60%. The ex-dividend date is Tuesday, December 19th.
About COHEN & STEERS
Cohen & Steers Total Return Realty Fund, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to achieve a high total return through investment in real estate securities. Real estate securities include common stocks, preferred stocks and other equity securities of any market capitalization issued by real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities.
Receive News & Stock Ratings for COHEN & STEERS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COHEN & STEERS and related stocks with our FREE daily email newsletter.