UBS Group AG Has $5.53 Million Stock Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

UBS Group AG reduced its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Rating) by 4.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 285,175 shares of the investment management company’s stock after selling 11,974 shares during the period. UBS Group AG’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $5,530,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Smith Moore & CO. raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 2.0% during the 2nd quarter. Smith Moore & CO. now owns 32,654 shares of the investment management company’s stock worth $697,000 after buying an additional 635 shares during the period. All Season Financial Advisors Inc. raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 4.7% during the 3rd quarter. All Season Financial Advisors Inc. now owns 16,690 shares of the investment management company’s stock worth $324,000 after buying an additional 745 shares during the period. Advisory Services Network LLC grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 4.6% during the 1st quarter. Advisory Services Network LLC now owns 17,668 shares of the investment management company’s stock worth $475,000 after acquiring an additional 775 shares in the last quarter. US Bancorp DE grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 80.5% during the 2nd quarter. US Bancorp DE now owns 3,140 shares of the investment management company’s stock worth $67,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Cowa LLC bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at $29,000.

Cohen & Steers REIT and Preferred Income Fund Price Performance

NYSE:RNP opened at $21.41 on Tuesday. The firm has a fifty day simple moving average of $21.75 and a 200 day simple moving average of $21.85. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $18.80 and a 1-year high of $27.36.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th will be issued a dividend of $0.136 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Tuesday, March 14th.

Cohen & Steers REIT and Preferred Income Fund Profile

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Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.