Sargent Investment Group LLC Acquires 2,400 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Sargent Investment Group LLC boosted its position in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 1.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 201,080 shares of the real estate investment trust’s stock after buying an additional 2,400 shares during the quarter. Sargent Investment Group LLC’s holdings in Cohen & Steers Quality Income Realty Fund were worth $2,849,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in RQI. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Cohen & Steers Quality Income Realty Fund during the 3rd quarter worth $43,000. Larson Financial Group LLC bought a new position in Cohen & Steers Quality Income Realty Fund during the second quarter worth about $80,000. UMB Bank n.a. bought a new position in Cohen & Steers Quality Income Realty Fund during the second quarter worth about $93,000. XML Financial LLC bought a new position in Cohen & Steers Quality Income Realty Fund during the second quarter worth about $119,000. Finally, Allworth Financial LP grew its holdings in Cohen & Steers Quality Income Realty Fund by 19.0% during the third quarter. Allworth Financial LP now owns 11,694 shares of the real estate investment trust’s stock worth $166,000 after purchasing an additional 1,865 shares during the period.

Cohen & Steers Quality Income Realty Fund Trading Down 0.8 %

Shares of NYSE:RQI traded down $0.10 during trading on Thursday, reaching $13.02. 98,920 shares of the stock were exchanged, compared to its average volume of 376,298. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $10.46 and a 12 month high of $14.41. The stock has a 50-day moving average price of $13.78 and a 200-day moving average price of $12.61.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, December 10th. This represents a $0.96 annualized dividend and a yield of 7.37%.

Insider Buying and Selling at Cohen & Steers Quality Income Realty Fund

In related news, Portfolio Manager Mathew Kirschner purchased 5,380 shares of the stock in a transaction dated Wednesday, October 16th. The stock was bought 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 of the company’s stock, valued at approximately $75,427.60. 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 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.