2018 Q1 Sentiment Cohen & Steers REIT & Preferred Income Fund Inc (NYSE:RNP)

June 16, 2018 - By Migdalia James

Sentiment for Cohen & Steers REIT & Preferred Income Fund Inc (NYSE:RNP)

Cohen & Steers REIT & Preferred Income Fund Inc (NYSE:RNP) institutional sentiment decreased to 1.07 in 2018 Q1. Its down -0.38, from 1.45 in 2017Q4. The ratio has worsened, as 32 funds started new or increased stock positions, while 30 sold and reduced their positions in Cohen & Steers REIT & Preferred Income Fund Inc. The funds in our partner’s database now possess: 7.77 million shares, up from 7.41 million shares in 2017Q4. Also, the number of funds holding Cohen & Steers REIT & Preferred Income Fund Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 9 Reduced: 21 Increased: 20 New Position: 12.

Cohen & Steers REIT and Preferred Income Fund, Inc. is a closed-ended balanced mutual fund launched by Cohen & Steers Inc. The company has market cap of $911.38 million. It is managed by Cohen & Steers Capital Management, Inc. It has a 16.36 P/E ratio. The fund invests in the public equity and fixed income markets of the United States.

The stock decreased 0.57% or $0.11 during the last trading session, reaching $19.16. About 83,534 shares traded. Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) has declined 7.79% since June 16, 2017 and is downtrending. It has underperformed by 20.36% the S&P500.

Mcgowan Group Asset Management Inc. holds 4.16% of its portfolio in Cohen & Steers REIT and Preferred Income Fund, Inc. for 1.30 million shares. Camelot Portfolios Llc owns 458,545 shares or 4% of their US portfolio. Moreover, Dubuque Bank & Trust Co has 0.76% invested in the company for 251,185 shares. The Alabama-based Cornerstone Advisors Inc has invested 0.66% in the stock. Wespac Advisors Llc, a California-based fund reported 54,061 shares.

Another recent and important Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) news was published by Seekingalpha.com which published an article titled: “CEF RNP: Looking Attractive” on June 01, 2018.

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