Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Cohen & Steers Total Return Realty Fund (NYSE:RFI) shares have fallen below their 200-day moving average of $11.91, trading at $11.83, signaling potential concerns for investors.
• The fund recently declared a dividend of $0.08 per share, with an impressive dividend yield of 801.0%, set to be paid on August 29th.
• Institutional investors have increased their holdings in the fund, with holdings by Cetera Investment Advisers rising by 54.1% in the fourth quarter, reflecting growing confidence among major stakeholders.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.91 and traded as low as $11.82. Cohen & Steers Total Return Realty Fund shares last traded at $11.83, with a volume of 40,882 shares traded.

Cohen & Steers Total Return Realty Fund Trading Up 1.0%

The stock's 50-day moving average price is $11.96 and its 200 day moving average price is $11.91.

Cohen & Steers Total Return Realty Fund Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, August 29th. Shareholders of record on Wednesday, August 13th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, August 12th. This represents a yield of 801.0%.

Institutional Trading of Cohen & Steers Total Return Realty Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of Cohen & Steers Total Return Realty Fund by 54.1% in the fourth quarter. Cetera Investment Advisers now owns 117,392 shares of the real estate investment trust's stock valued at $1,359,000 after purchasing an additional 41,204 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Cohen & Steers Total Return Realty Fund by 2.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 306,880 shares of the real estate investment trust's stock valued at $3,710,000 after buying an additional 7,105 shares in the last quarter. Golden State Wealth Management LLC raised its stake in shares of Cohen & Steers Total Return Realty Fund by 103.9% in the 1st quarter. Golden State Wealth Management LLC now owns 2,749 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 1,401 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter worth about $969,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter valued at about $369,000. 20.42% of the stock is currently owned by institutional investors.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return 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.