Raymond James & Associates boosted its position in shares of Cohen & Steers Quality Income Realty Inc (NYSE:RQI) by 7.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,268,923 shares of the real estate investment trust’s stock after buying an additional 90,667 shares during the quarter. Raymond James & Associates’ holdings in Cohen & Steers Quality Income Realty were worth $16,242,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. C J Advisory Inc bought a new position in Cohen & Steers Quality Income Realty during the first quarter valued at about $30,000. Global Financial Private Capital LLC bought a new position in Cohen & Steers Quality Income Realty during the fourth quarter valued at about $111,000. Stephens Inc. AR bought a new position in Cohen & Steers Quality Income Realty during the fourth quarter valued at about $114,000. Suntrust Banks Inc. boosted its stake in Cohen & Steers Quality Income Realty by 15.6% during the fourth quarter. Suntrust Banks Inc. now owns 11,595 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 1,565 shares in the last quarter. Finally, Townsquare Capital LLC bought a new position in Cohen & Steers Quality Income Realty during the fourth quarter valued at about $141,000.

Shares of RQI stock opened at $13.32 on Thursday. Cohen & Steers Quality Income Realty Inc has a fifty-two week low of $9.84 and a fifty-two week high of $13.37.

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 19th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $0.96 annualized dividend and a yield of 7.21%.

TRADEMARK VIOLATION NOTICE: This report was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://theolympiareport.com/2019/05/23/raymond-james-associates-increases-position-in-cohen-steers-quality-income-realty-inc-rqi.html.

Cohen & Steers Quality Income Realty 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.

Recommended Story: Leveraged Buyout (LBO) Explained

Want to see what other hedge funds are holding RQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohen & Steers Quality Income Realty Inc (NYSE:RQI).

Institutional Ownership by Quarter for Cohen & Steers Quality Income Realty (NYSE:RQI)

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