Cohen & Steers Select Pref & Inc Fd, Inc (PSF) Position Trimmed by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its position in shares of Cohen & Steers Select Pref & Inc Fd, Inc (NYSE:PSF) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,788 shares of the company’s stock after selling 585 shares during the period. PNC Financial Services Group Inc. owned approximately 0.11% of Cohen & Steers Select Pref & Inc Fd worth $363,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PSF. Wells Fargo & Company MN grew its holdings in Cohen & Steers Select Pref & Inc Fd by 5.6% during the 2nd quarter. Wells Fargo & Company MN now owns 42,776 shares of the company’s stock valued at $1,215,000 after purchasing an additional 2,257 shares in the last quarter. BB&T Securities LLC grew its holdings in Cohen & Steers Select Pref & Inc Fd by 6.7% during the 2nd quarter. BB&T Securities LLC now owns 33,588 shares of the company’s stock valued at $953,000 after purchasing an additional 2,100 shares in the last quarter. Garrison Bradford & Associates Inc. grew its holdings in Cohen & Steers Select Pref & Inc Fd by 1.0% during the 2nd quarter. Garrison Bradford & Associates Inc. now owns 31,054 shares of the company’s stock valued at $882,000 after purchasing an additional 303 shares in the last quarter. Finally, Fagan Associates Inc. grew its holdings in Cohen & Steers Select Pref & Inc Fd by 0.4% during the 2nd quarter. Fagan Associates Inc. now owns 14,887 shares of the company’s stock valued at $423,000 after purchasing an additional 59 shares in the last quarter.

Shares of Cohen & Steers Select Pref & Inc Fd, Inc (NYSE:PSF) opened at 28.03 on Friday. Cohen & Steers Select Pref & Inc Fd, Inc has a 12-month low of $24.82 and a 12-month high of $29.16. The company’s 50-day moving average is $28.07 and its 200-day moving average is $27.94.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Wednesday, October 18th will be paid a $0.172 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date is Tuesday, October 17th.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this piece can be read at https://transcriptdaily.com/2017/10/20/cohen-steers-select-pref-inc-fd-inc-psf-position-trimmed-by-pnc-financial-services-group-inc.html.

Cohen & Steers Select Pref & Inc Fd Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a diversified, closed-end investment company. The Fund’s primary investment objective is high current income through investment in preferred and other income securities. Its secondary investment objective is capital appreciation. The preferred and other income securities are issued by the United States and non-the United States companies, such as banks, insurance companies, real estate investment trusts (REITs), other diversified financials, as well as energy, pipeline and telecommunications companies.

Institutional Ownership by Quarter for Cohen & Steers Select Pref & Inc Fd (NYSE:PSF)

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

Leave a Reply