11,425 Shares in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Acquired by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp bought a new stake in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,425 shares of the real estate investment trust’s stock, valued at approximately $162,000.

Several other institutional investors have also recently made changes to their positions in RQI. HBW Advisory Services LLC raised its stake in shares of Cohen & Steers Quality Income Realty Fund by 1.4% during the 3rd quarter. HBW Advisory Services LLC now owns 66,920 shares of the real estate investment trust’s stock valued at $948,000 after purchasing an additional 934 shares during the period. Sweeney & Michel LLC lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.7% in the third quarter. Sweeney & Michel LLC now owns 59,035 shares of the real estate investment trust’s stock worth $829,000 after buying an additional 999 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Cohen & Steers Quality Income Realty Fund by 6.8% in the first quarter. Cetera Advisors LLC now owns 16,292 shares of the real estate investment trust’s stock valued at $197,000 after acquiring an additional 1,039 shares during the period. Prospera Financial Services Inc grew its stake in Cohen & Steers Quality Income Realty Fund by 1.8% during the third quarter. Prospera Financial Services Inc now owns 87,580 shares of the real estate investment trust’s stock valued at $1,241,000 after acquiring an additional 1,512 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Cohen & Steers Quality Income Realty Fund by 1.7% in the 3rd quarter. Stifel Financial Corp now owns 106,344 shares of the real estate investment trust’s stock worth $1,507,000 after purchasing an additional 1,818 shares in the last quarter.

Insider Activity

In other news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the business’s stock in a transaction on Wednesday, October 16th. The stock was acquired at an average price of $14.02 per share, with a total value of $75,427.60. Following the completion of the purchase, the portfolio manager now directly owns 5,380 shares in the company, valued at $75,427.60. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Cohen & Steers Quality Income Realty Fund Stock Performance

RQI opened at $12.80 on Tuesday. Cohen & Steers Quality Income Realty Fund, Inc. has a one year low of $10.61 and a one year high of $14.41. The company has a fifty day moving average price of $13.51 and a 200-day moving average price of $12.95.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be given a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 7.50%. The ex-dividend date is Tuesday, December 10th.

Cohen & Steers Quality Income Realty Fund 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.