Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Shares Purchased by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp increased its stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,405 shares of the investment management company’s stock after purchasing an additional 3,857 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,910,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. JP Wealth Management Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at approximately $5,193,000. Oregon Pacific Wealth Management LLC purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at $302,000. Spire Wealth Management purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 4th quarter worth about $123,000. Geneos Wealth Management Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter worth approximately $195,000. Finally, XML Financial LLC increased its holdings in Cohen & Steers REIT and Preferred Income Fund by 16.0% in the 4th quarter. XML Financial LLC now owns 24,324 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 3,347 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of RNP opened at $21.96 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $18.77 and a 12 month high of $24.41. The stock’s 50-day moving average is $21.45 and its two-hundred day moving average is $22.39.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.136 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This is an increase from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. This represents a dividend yield of 8.01%.

About Cohen & Steers REIT and Preferred Income Fund

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.