Raymond James & Associates Sells 489,303 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Raymond James & Associates lowered its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 36.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 871,115 shares of the real estate investment trust’s stock after selling 489,303 shares during the quarter. Raymond James & Associates’ holdings in Cohen & Steers Quality Income Realty Fund were worth $12,344,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Breakwater Capital Group boosted its position in shares of Cohen & Steers Quality Income Realty Fund by 16.4% during the first quarter. Breakwater Capital Group now owns 16,561 shares of the real estate investment trust’s stock valued at $200,000 after buying an additional 2,328 shares during the period. Lake Street Private Wealth LLC raised its holdings in shares of Cohen & Steers Quality Income Realty Fund by 8.6% in the 1st quarter. Lake Street Private Wealth LLC now owns 371,700 shares of the real estate investment trust’s stock valued at $4,490,000 after purchasing an additional 29,445 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Cohen & Steers Quality Income Realty Fund by 2.5% during the first quarter. Private Advisor Group LLC now owns 153,815 shares of the real estate investment trust’s stock worth $1,858,000 after buying an additional 3,799 shares during the period. ORG Partners LLC bought a new stake in Cohen & Steers Quality Income Realty Fund during the first quarter valued at about $859,000. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Cohen & Steers Quality Income Realty Fund by 2.6% during the first quarter. Oppenheimer & Co. Inc. now owns 196,934 shares of the real estate investment trust’s stock valued at $2,379,000 after buying an additional 5,060 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Down 0.1 %

NYSE RQI opened at $13.84 on Monday. Cohen & Steers Quality Income Realty Fund, Inc. has a 12-month low of $9.17 and a 12-month high of $14.41. The firm’s fifty day simple moving average is $13.76 and its two-hundred day simple moving average is $12.40.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.08 per share. The ex-dividend date is Tuesday, December 10th. This represents a $0.96 annualized dividend and a dividend yield of 6.94%.

Insider Buying and Selling

In other news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The shares were purchased at an average cost of $14.02 per share, with a total value of $75,427.60. Following the transaction, the portfolio manager now directly owns 5,380 shares in the company, valued at approximately $75,427.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.