Raymond James Financial Inc. bought a new position in shares of Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 83,711 shares of the real estate investment trust's stock, valued at approximately $969,000. Raymond James Financial Inc. owned approximately 0.32% of Cohen & Steers Total Return Realty Fund as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. Compass Planning Associates Inc purchased a new position in shares of Cohen & Steers Total Return Realty Fund in the 4th quarter valued at approximately $102,000. Next Capital Management LLC purchased a new position in Cohen & Steers Total Return Realty Fund in the 4th quarter valued at $116,000. PNC Financial Services Group Inc. increased its stake in Cohen & Steers Total Return Realty Fund by 65.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,706 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 4,624 shares during the period. Freestate Advisors LLC purchased a new position in Cohen & Steers Total Return Realty Fund during the 4th quarter worth $149,000. Finally, Invesco Ltd. purchased a new position in Cohen & Steers Total Return Realty Fund during the 4th quarter worth $314,000. 20.42% of the stock is owned by hedge funds and other institutional investors.
Cohen & Steers Total Return Realty Fund Stock Down 0.2 %
Shares of RFI opened at $12.12 on Tuesday. The stock's 50 day moving average is $11.75 and its two-hundred day moving average is $12.08. Cohen & Steers Total Return Realty Fund, Inc. has a twelve month low of $10.43 and a twelve month high of $13.44.
Cohen & Steers Total Return Realty Fund Cuts Dividend
The company also recently disclosed a -- dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be issued a dividend of $0.08 per share. The ex-dividend date is Tuesday, June 10th. This represents a yield of 8.1%.
Cohen & Steers Total Return Realty Fund Profile
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Free Report)
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.
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