Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• RFI shares moved above their 200-day moving average, reaching $11.57 before last trading at $11.4650, compared with a 200-day average of $11.42.
• The fund announced a monthly dividend of $0.08 per share, payable September 30 to shareholders of record September 8, representing an annualized yield of approximately 8.4%.
• Institutional investors and hedge funds own 20.42% of RFI, with several firms recently initiating or increasing positions.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.42 and traded as high as $11.57. Cohen & Steers Total Return Realty Fund shares last traded at $11.4650, with a volume of 92,165 shares changing hands.

Cohen & Steers Total Return Realty Fund Price Performance

The firm's fifty day moving average price is $11.38 and its two-hundred day moving average price is $11.42.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.08 per share. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Tuesday, September 8th.

Institutional Trading of Cohen & Steers Total Return Realty Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Heritage Wealth Advisors purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter worth about $29,000. Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Total Return Realty Fund by 36.3% during the fourth 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 during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund during the 2nd quarter worth $66,000. Sage Investment Counsel LLC bought a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $110,000. Finally, Virtu Financial LLC bought a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $128,000. Hedge funds and other institutional investors own 20.42% of the company's stock.

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.

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