Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.75 and traded as low as $10.88. Cohen & Steers Total Return Realty Fund shares last traded at $10.97, with a volume of 71,534 shares traded.

Cohen & Steers Total Return Realty Fund Price Performance

The business’s 50-day moving average price is $11.33 and its 200 day moving average price is $11.74.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, March 10th. This represents a c) annualized dividend and a yield of 8.8%.

Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund

Several large investors have recently modified their holdings of RFI. Smith Asset Management Co. LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund during the 1st quarter worth about $4,174,000. Private Advisor Group LLC lifted its position in Cohen & Steers Total Return Realty Fund by 106.7% during the third quarter. Private Advisor Group LLC now owns 67,341 shares of the real estate investment trust’s stock worth $815,000 after acquiring an additional 34,767 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Cohen & Steers Total Return Realty Fund by 6.8% during the second quarter. Osaic Holdings Inc. now owns 457,715 shares of the real estate investment trust’s stock worth $5,520,000 after acquiring an additional 28,999 shares during the period. Westbourne Investment Advisors Inc. acquired a new position in shares of Cohen & Steers Total Return Realty Fund in the second quarter valued at approximately $328,000. Finally, Cresset Asset Management LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund during the first quarter worth approximately $139,000. 20.42% of the stock is owned by institutional investors.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.