3,043 Shares in The RMR Group Inc. (NASDAQ:RMR) Acquired by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in The RMR Group Inc. (NASDAQ:RMR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,043 shares of the financial services provider’s stock, valued at approximately $63,000.

A number of other institutional investors have also recently made changes to their positions in the company. Globeflex Capital L P increased its holdings in The RMR Group by 12.8% during the 4th quarter. Globeflex Capital L P now owns 53,150 shares of the financial services provider’s stock worth $1,097,000 after acquiring an additional 6,015 shares during the period. Aviance Capital Partners LLC purchased a new stake in The RMR Group in the fourth quarter valued at approximately $395,000. Proficio Capital Partners LLC purchased a new position in The RMR Group in the 4th quarter worth approximately $319,000. BayBridge Capital Group LLC raised its position in shares of The RMR Group by 8.3% during the 4th quarter. BayBridge Capital Group LLC now owns 21,827 shares of the financial services provider’s stock valued at $451,000 after buying an additional 1,671 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of The RMR Group by 15.3% during the 4th quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider’s stock worth $141,000 after acquiring an additional 908 shares during the last quarter. Hedge funds and other institutional investors own 42.31% of the company’s stock.

The RMR Group Stock Performance

NASDAQ:RMR opened at $16.44 on Wednesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89. The RMR Group Inc. has a fifty-two week low of $16.22 and a fifty-two week high of $26.43. The business has a 50 day moving average price of $18.03 and a 200-day moving average price of $21.11. The firm has a market cap of $523.55 million, a PE ratio of 12.36 and a beta of 1.19.

The RMR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, January 27th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 10.95%. The ex-dividend date was Monday, January 27th. The RMR Group’s payout ratio is 135.34%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded The RMR Group from a “hold” rating to a “buy” rating in a research report on Tuesday, March 25th.

The RMR Group Profile

The RMR Group Inc, through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, three real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust.