Oppenheimer & Co. Inc. Sells 16,984 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Oppenheimer & Co. Inc. reduced its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 8.7% in the third quarter, Holdings Channel.com reports. The fund owned 178,175 shares of the real estate investment trust’s stock after selling 16,984 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cohen & Steers Quality Income Realty Fund were worth $2,525,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of RQI. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Cohen & Steers Quality Income Realty Fund in the third quarter worth $43,000. Larson Financial Group LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the second quarter worth about $80,000. UMB Bank n.a. purchased a new position in Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth about $93,000. XML Financial LLC bought a new stake in Cohen & Steers Quality Income Realty Fund during the 2nd quarter valued at about $119,000. Finally, Arkadios Wealth Advisors purchased a new stake in Cohen & Steers Quality Income Realty Fund in the 2nd quarter valued at about $145,000.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of RQI stock opened at $12.95 on Friday. The company’s 50-day simple moving average is $13.75 and its two-hundred day simple moving average is $12.64. Cohen & Steers Quality Income Realty Fund, Inc. has a one year low of $10.52 and a one year high of $14.41.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $0.96 annualized dividend and a yield of 7.41%.

Insiders Place Their Bets

In other news, Portfolio Manager Mathew Kirschner purchased 5,380 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the purchase, the portfolio manager now owns 5,380 shares in the company, valued at approximately $75,427.60. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Cohen & Steers Quality Income Realty Fund Company 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.