SMH Capital Advisors Inc. Trims Position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

SMH Capital Advisors Inc. decreased its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,556 shares of the real estate investment trust’s stock after selling 904 shares during the period. SMH Capital Advisors Inc.’s holdings in Cohen & Steers Quality Income Realty Fund were worth $220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Lake Street Private Wealth LLC grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 1.3% in the 3rd quarter. Lake Street Private Wealth LLC now owns 418,100 shares of the real estate investment trust’s stock valued at $5,924,000 after purchasing an additional 5,225 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.7% during the second quarter. Apollon Wealth Management LLC now owns 286,815 shares of the real estate investment trust’s stock worth $3,350,000 after purchasing an additional 4,769 shares during the period. Castle Wealth Management LLC grew its position in Cohen & Steers Quality Income Realty Fund by 5.6% in the 3rd quarter. Castle Wealth Management LLC now owns 230,736 shares of the real estate investment trust’s stock valued at $3,270,000 after buying an additional 12,162 shares during the last quarter. Wealth Advisory Solutions LLC increased its stake in Cohen & Steers Quality Income Realty Fund by 5.0% in the 3rd quarter. Wealth Advisory Solutions LLC now owns 211,405 shares of the real estate investment trust’s stock valued at $2,996,000 after buying an additional 10,072 shares during the period. Finally, Sargent Investment Group LLC raised its position in Cohen & Steers Quality Income Realty Fund by 1.2% during the 3rd quarter. Sargent Investment Group LLC now owns 201,080 shares of the real estate investment trust’s stock worth $2,849,000 after buying an additional 2,400 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Trading Up 1.4 %

NYSE RQI opened at $13.39 on Wednesday. The business’s 50 day moving average is $13.73 and its two-hundred day moving average is $12.68. Cohen & Steers Quality Income Realty Fund, Inc. has a 12-month low of $10.53 and a 12-month high of $14.41.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.17%.

Insider Activity

In related news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the stock in a transaction on Wednesday, October 16th. The shares were bought at an average cost of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the transaction, the portfolio manager now owns 5,380 shares of the company’s stock, valued at $75,427.60. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Cohen & Steers Quality Income Realty Fund Profile

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.