Sargent Investment Group LLC Increases Stock Holdings in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Sargent Investment Group LLC increased its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 1.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,080 shares of the real estate investment trust’s stock after purchasing an additional 2,400 shares during the quarter. Sargent Investment Group LLC’s holdings in Cohen & Steers Quality Income Realty Fund were worth $2,849,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RQI. Apollon Wealth Management LLC increased its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.7% in the second quarter. Apollon Wealth Management LLC now owns 286,815 shares of the real estate investment trust’s stock valued at $3,350,000 after purchasing an additional 4,769 shares during the period. Cetera Investment Advisers grew its holdings in Cohen & Steers Quality Income Realty Fund by 46.7% during the second quarter. Cetera Investment Advisers now owns 152,352 shares of the real estate investment trust’s stock worth $1,779,000 after acquiring an additional 48,502 shares during the period. Vanguard Capital Wealth Advisors grew its holdings in Cohen & Steers Quality Income Realty Fund by 20.0% during the second quarter. Vanguard Capital Wealth Advisors now owns 24,000 shares of the real estate investment trust’s stock worth $280,000 after acquiring an additional 4,000 shares during the period. Private Advisor Group LLC grew its holdings in Cohen & Steers Quality Income Realty Fund by 14.0% during the second quarter. Private Advisor Group LLC now owns 175,379 shares of the real estate investment trust’s stock worth $2,048,000 after acquiring an additional 21,564 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund during the third quarter worth $1,474,000.

Cohen & Steers Quality Income Realty Fund Stock Down 0.8 %

RQI traded down $0.10 during trading on Thursday, reaching $13.02. 98,920 shares of the stock were exchanged, compared to its average volume of 376,298. Cohen & Steers Quality Income Realty Fund, Inc. has a 1 year low of $10.46 and a 1 year high of $14.41. The business’s 50 day moving average price is $13.78 and its two-hundred day moving average price is $12.61.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.96 annualized dividend and a yield of 7.37%.

Insiders Place Their Bets

In related news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the stock in a transaction dated Wednesday, October 16th. The stock was acquired 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 $75,427.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

About Cohen & Steers Quality Income Realty Fund

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.