Punch & Associates Investment Management Inc. Takes Position in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Punch & Associates Investment Management Inc. bought a new stake in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 240,160 shares of the real estate investment trust’s stock, valued at approximately $18,286,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gables Capital Management Inc. acquired a new stake in Cohen & Steers Quality Income Realty Fund in the 2nd quarter valued at about $32,000. Geneos Wealth Management Inc. grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 2,331 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Cohen & Steers Quality Income Realty Fund in the 3rd quarter worth approximately $59,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Cohen & Steers Quality Income Realty Fund in the 1st quarter worth approximately $107,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth approximately $107,000.

Cohen & Steers Quality Income Realty Fund Price Performance

RQI stock opened at $12.43 on Thursday. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $11.30 and a 12 month high of $13.57. The firm has a 50 day simple moving average of $12.41 and a 200 day simple moving average of $12.73.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 8.7%.

Cohen & Steers Quality Income Realty Fund Company Profile

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.