Patten & Patten Inc. TN Takes Position in Cohen & Steers Total Return Realty Fund, Inc. $RFI

Patten & Patten Inc. TN purchased a new stake in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 44,301 shares of the real estate investment trust’s stock, valued at approximately $490,000. Patten & Patten Inc. TN owned 0.17% of Cohen & Steers Total Return Realty Fund at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new position in Cohen & Steers Total Return Realty Fund during the 4th quarter worth $1,001,000. NewEdge Advisors LLC lifted its position in shares of Cohen & Steers Total Return Realty Fund by 15.4% during the 3rd quarter. NewEdge Advisors LLC now owns 16,598 shares of the real estate investment trust’s stock valued at $201,000 after acquiring an additional 2,211 shares during the period. Cresset Asset Management LLC grew its holdings in shares of Cohen & Steers Total Return Realty Fund by 7.4% during the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock worth $160,000 after purchasing an additional 905 shares in the last quarter. Comerica Bank grew its holdings in shares of Cohen & Steers Total Return Realty Fund by 3.9% during the 4th quarter. Comerica Bank now owns 27,778 shares of the real estate investment trust’s stock worth $307,000 after purchasing an additional 1,043 shares in the last quarter. Finally, Merit Financial Group LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter worth $129,000. Institutional investors and hedge funds own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Stock Up 0.3%

RFI stock opened at $11.66 on Friday. The business has a 50-day simple moving average of $11.45 and a 200 day simple moving average of $11.37. Cohen & Steers Total Return Realty Fund, Inc. has a 52 week low of $10.78 and a 52 week high of $12.23.

Cohen & Steers Total Return Realty Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a $0.08 dividend. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.