76,000 Cohen & Steers Quality Income Realty Fund, Inc. $RQI Shares Sold by Abel Hall LLC

Abel Hall LLC cut its stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 50.0% in the 3rd quarter, Holdings Channel reports. The fund owned 76,000 shares of the real estate investment trust’s stock after selling 76,000 shares during the quarter. Abel Hall LLC’s holdings in Cohen & Steers Quality Income Realty Fund were worth $828,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in Cohen & Steers Quality Income Realty Fund by 8.6% during the first quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock valued at $33,504,000 after purchasing an additional 219,521 shares in the last quarter. Punch & Associates Investment Management Inc. purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth about $18,286,000. Ameritas Advisory Services LLC boosted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 710.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 418,052 shares of the real estate investment trust’s stock worth $5,146,000 after purchasing an additional 366,445 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth about $5,120,000. Finally, Matrix Private Capital Group LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund during the 1st quarter valued at about $3,708,000.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of NYSE RQI traded down $0.15 during trading hours on Monday, reaching $11.04. 443,424 shares of the stock traded hands, compared to its average volume of 602,585. Cohen & Steers Quality Income Realty Fund, Inc. has a 52-week low of $10.81 and a 52-week high of $13.57. The company’s 50-day simple moving average is $11.73 and its two-hundred day simple moving average is $12.41.

Cohen & Steers Quality Income Realty Fund Profile

Cohen & Steers Quality Income Realty Fund, Inc (NYSE: RQI) is a closed-end investment company that seeks to provide investors with high current income and capital appreciation. The fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets and income-oriented strategies.

RQI invests primarily in real estate securities, including equity real estate investment trusts (REITs), real estate operating companies and other securities linked to the global real estate industry.