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

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

Cohen & Steers REIT & Preferred Income Fund Inc (NYSE:RNP) institutional sentiment decreased to 1.04 in 2019 Q1. Its down -0.25, from 1.29 in 2018Q4. The ratio turned negative, as 28 institutional investors opened new and increased stock positions, while 27 sold and reduced equity positions in Cohen & Steers REIT & Preferred Income Fund Inc. The institutional investors in our partner’s database now have: 7.57 million shares, down from 8.14 million shares in 2018Q4. Also, the number of institutional investors 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: 12 Reduced: 15 Increased: 23 New Position: 5.

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 $1.06 billion. It is managed by Cohen & Steers Capital Management, Inc. It currently has negative earnings. The fund invests in the public equity and fixed income markets of the United States.

The stock increased 1.13% or $0.25 during the last trading session, reaching $22.32. About 116,767 shares traded. Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) has risen 9.39% since July 14, 2018 and is uptrending. It has outperformed by 4.96% the S&P500.

Mcgowan Group Asset Management Inc. holds 4.07% of its portfolio in Cohen & Steers REIT and Preferred Income Fund, Inc. for 1.24 million shares. Camelot Portfolios Llc owns 395,648 shares or 3.4% of their US portfolio. Moreover, Wespac Advisors Llc has 1.2% invested in the company for 84,281 shares. The Iowa-based Dubuque Bank & Trust Co has invested 0.99% in the stock. Johnson Financial Group Inc., a Wisconsin-based fund reported 497,639 shares.

More notable recent Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) news were published by: Seekingalpha.com which released: “Cohen & Steers REIT And Preferred Income Fund: Not Just A Real Estate Offering – Seeking Alpha” on January 14, 2015, also Seekingalpha.com with their article: “RNP: A Way Too Late Bet On The Real Estate Market – Seeking Alpha” published on September 21, 2018, Prnewswire.com published: “Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a) – PRNewswire” on May 29, 2019. More interesting news about Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) were released by: Seekingalpha.com and their article: “Cohen & Steers closed-end funds declares monthly distribution – Seeking Alpha” published on March 20, 2019 as well as Seekingalpha.com‘s news article titled: “Farmland, MAA see improving rents – more from REITweek – Seeking Alpha” with publication date: June 05, 2019.

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