Wedbush Securities Inc. Acquires 4,269 Shares of COHEN & STEERS (RFI)
Wedbush Securities Inc. raised its stake in COHEN & STEERS (NYSE:RFI) by 8.5% during the second quarter, Holdings Channel reports. The institutional investor owned 54,567 shares of the real estate investment trust’s stock after buying an additional 4,269 shares during the period. Wedbush Securities Inc.’s holdings in COHEN & STEERS were worth $686,000 at the end of the most recent reporting period.
Separately, Blue Bell Private Wealth Management LLC boosted its position in shares of COHEN & STEERS by 11.1% in the second quarter. Blue Bell Private Wealth Management LLC now owns 9,205 shares of the real estate investment trust’s stock valued at $116,000 after buying an additional 920 shares in the last quarter. Institutional investors and hedge funds own 11.70% of the company’s stock.
COHEN & STEERS (RFI) opened at 12.52 on Tuesday. The stock has a 50 day moving average of $12.65 and a 200 day moving average of $12.58. COHEN & STEERS has a 52 week low of $11.63 and a 52 week high of $14.01.
The business also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 17th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, August 15th. This represents a $0.96 annualized dividend and a yield of 7.67%.
About COHEN & STEERS
Cohen & Steers Total Return Realty Fund, Inc (the Fund) is a diversified, closed-end management investment company. The investment objective of the Fund is to achieve a high total return through investment in real estate securities. Real estate securities include common stocks, preferred stocks and other equity securities of any market capitalization issued by real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities.
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