Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.12 and traded as high as $12.16. Cohen & Steers Quality Income Realty Fund shares last traded at $12.1450, with a volume of 485,841 shares.

Cohen & Steers Quality Income Realty Fund Price Performance

The stock has a 50-day moving average price of $11.70 and a two-hundred day moving average price of $12.12.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Tuesday, March 10th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 290.1% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 2,017 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,500 shares during the period. J.Safra Asset Management Corp purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the third quarter worth approximately $25,000. Root Financial Partners LLC purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the third quarter worth approximately $37,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Cohen & Steers Quality Income Realty Fund during the fourth quarter valued at approximately $36,000. Finally, CoreCap Advisors LLC increased its holdings in Cohen & Steers Quality Income Realty Fund by 75.3% during the fourth quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 1,414 shares during 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.