Shufro Rose & Co. LLC Grows Stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Shufro Rose & Co. LLC grew its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNPGet Rating) by 68.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 27,600 shares of the investment management company’s stock after buying an additional 11,200 shares during the quarter. Shufro Rose & Co. LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Commonwealth Equity Services LLC lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 16.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 105,042 shares of the investment management company’s stock valued at $3,006,000 after purchasing an additional 14,464 shares during the period. D.A. Davidson & CO. lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 6.2% in the 4th quarter. D.A. Davidson & CO. now owns 12,963 shares of the investment management company’s stock valued at $371,000 after purchasing an additional 754 shares during the period. Sigma Planning Corp purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at approximately $298,000. FSB Premier Wealth Management Inc. purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at approximately $43,000. Finally, Total Clarity Wealth Management Inc. lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 43.1% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 5,701 shares of the investment management company’s stock valued at $163,000 after purchasing an additional 1,718 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $25.28 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52 week low of $20.25 and a 52 week high of $29.46. The business has a 50 day moving average of $22.36 and a 200-day moving average of $23.97.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, September 14th will be given a dividend of $0.136 per share. This represents a $1.63 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date of this dividend is Tuesday, September 13th.

Cohen & Steers REIT and Preferred Income Fund Company Profile

(Get Rating)

Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.

Featured Articles

Institutional Ownership by Quarter for Cohen & Steers REIT and Preferred Income Fund (NYSE:RNP)

Receive News & Ratings for Cohen & Steers REIT and Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers REIT and Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.