Insider Selling: Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Director Sells 1,200 Shares of Stock

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Director Gerald J. Maginnis sold 1,200 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $14.06, for a total transaction of $16,872.00. Following the sale, the director now owns 2,356 shares of the company’s stock, valued at $33,125.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of NYSE RQI traded down $0.09 during trading hours on Wednesday, hitting $13.97. 196,792 shares of the company’s stock were exchanged, compared to its average volume of 390,924. The company’s 50-day moving average price is $13.28 and its 200-day moving average price is $12.14. Cohen & Steers Quality Income Realty Fund, Inc. has a 1-year low of $9.17 and a 1-year high of $14.41.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Tuesday, November 12th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date is Tuesday, November 12th.

Institutional Trading of Cohen & Steers Quality Income Realty Fund

A number of hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp acquired a new position in Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at approximately $34,000. Oppenheimer & Co. Inc. boosted its position in shares of Cohen & Steers Quality Income Realty Fund by 24.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 191,874 shares of the real estate investment trust’s stock valued at $2,349,000 after acquiring an additional 38,149 shares in the last quarter. Karpus Management Inc. increased its stake in Cohen & Steers Quality Income Realty Fund by 1,338.3% in the fourth quarter. Karpus Management Inc. now owns 296,817 shares of the real estate investment trust’s stock valued at $3,633,000 after acquiring an additional 276,180 shares during the period. Abel Hall LLC acquired a new position in shares of Cohen & Steers Quality Income Realty Fund in the 4th quarter worth approximately $269,000. Finally, Nomura Holdings Inc. bought a new position in shares of Cohen & Steers Quality Income Realty Fund during the 4th quarter worth approximately $199,000.

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.