Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $12.20 and traded as high as $13.32. Cohen & Steers Quality Income Realty Fund shares last traded at $13.24, with a volume of 625,306 shares trading hands.

Cohen & Steers Quality Income Realty Fund Stock Down 1.4%

The stock has a fifty day simple moving average of $12.37 and a two-hundred day simple moving average of $12.20.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be given a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Tuesday, March 10th.

Institutional Investors Weigh In On Cohen & Steers Quality Income Realty Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Morgan Stanley boosted its holdings in Cohen & Steers Quality Income Realty Fund by 0.3% in the fourth quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock worth $59,028,000 after acquiring an additional 16,811 shares in the last quarter. Bank of America Corp DE raised its position in shares of Cohen & Steers Quality Income Realty Fund by 0.6% during the third quarter. Bank of America Corp DE now owns 2,605,508 shares of the real estate investment trust’s stock worth $32,491,000 after purchasing an additional 16,196 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 4.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock worth $25,586,000 after purchasing an additional 94,428 shares in the last quarter. Mission Hills Financial Advisory LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 6.4% in the 4th 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 purchasing an additional 60,528 shares in the last quarter. Finally, LPL Financial LLC grew its position in Cohen & Steers Quality Income Realty Fund by 9.6% in 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 purchasing an additional 75,816 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.