SMH Capital Advisors Inc. trimmed its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI – Free Report) by 5.5% in the third quarter, HoldingsChannel reports. 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 reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Consolidated Portfolio Review Corp purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund during the second quarter worth about $1,809,000. International Assets Investment Management LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund in the 3rd quarter worth approximately $1,474,000. Matrix Private Capital Group LLC raised its holdings in Cohen & Steers Quality Income Realty Fund by 109.3% in the 2nd quarter. Matrix Private Capital Group LLC now owns 170,345 shares of the real estate investment trust’s stock valued at $1,990,000 after acquiring an additional 88,965 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Cohen & Steers Quality Income Realty Fund during the 2nd quarter worth $807,000. Finally, Sweeney & Michel LLC purchased a new position in shares of Cohen & Steers Quality Income Realty Fund during the 1st quarter worth $682,000.
Insider Activity
In related news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was purchased at an average cost of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the acquisition, the portfolio manager now owns 5,380 shares in the company, valued at $75,427.60. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Cohen & Steers Quality Income Realty Fund Stock Up 1.4 %
Cohen & Steers Quality Income Realty Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 7.17%. The ex-dividend date of this dividend is Tuesday, December 10th.
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.
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