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Cohen & Steers Total Return Realty Fund (NYSE:RFI) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Cohen & Steers Total Return Realty Fund logo with Finance background
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Key Points

  • Passed above its fifty‑day moving average: RFI traded above its 50‑day MA of $11.50 (hit $11.60) and last traded around $11.4950, while its 200‑day MA sits at $11.40.
  • Monthly dividend declared: The fund announced a $0.08 per‑share monthly payout (ex‑dividend/record date June 9; payable June 30), implying roughly an 8.4% yield.
  • Cohen & Steers Total Return Realty Fund is a closed‑end, REIT‑focused investment vehicle managed by Cohen & Steers, with institutional investors owning about 20.42% of the shares and several firms recently adding positions.
  • Interested in Cohen & Steers Total Return Realty Fund? Here are five stocks we like better.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $11.50 and traded as high as $11.60. Cohen & Steers Total Return Realty Fund shares last traded at $11.4950, with a volume of 74,943 shares changing hands.

Cohen & Steers Total Return Realty Fund Price Performance

The firm's 50 day moving average price is $11.50 and its 200-day moving average price is $11.40.

Cohen & Steers Total Return Realty Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 8.4%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Landscape Capital Management L.L.C. bought a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $294,000. PNC Financial Services Group Inc. boosted its position in shares of Cohen & Steers Total Return Realty Fund by 11.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,838 shares of the real estate investment trust's stock worth $153,000 after purchasing an additional 1,412 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 36.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust's stock valued at $41,000 after purchasing an additional 979 shares in the last quarter. Heritage Wealth Advisors bought a new stake in Cohen & Steers Total Return Realty Fund in the 4th quarter valued at $29,000. Finally, Patten & Patten Inc. TN bought a new stake in Cohen & Steers Total Return Realty Fund during the 4th quarter worth about $490,000. Institutional investors and hedge funds own 20.42% of the company's stock.

About Cohen & Steers Total Return Realty Fund

(Get Free Report)

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.

Further Reading

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