Barclays PLC Has $1.29 Million Stock Holdings in The RMR Group Inc. (NASDAQ:RMR)

Barclays PLC increased its holdings in shares of The RMR Group Inc. (NASDAQ:RMR) by 55.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 50,674 shares of the financial services provider’s stock after purchasing an additional 18,100 shares during the quarter. Barclays PLC owned 0.16% of The RMR Group worth $1,286,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of RMR. Garner Asset Management Corp raised its position in The RMR Group by 14.8% in the 2nd quarter. Garner Asset Management Corp now owns 282,528 shares of the financial services provider’s stock valued at $6,385,000 after buying an additional 36,369 shares during the last quarter. Federated Hermes Inc. raised its holdings in The RMR Group by 4.7% during the second quarter. Federated Hermes Inc. now owns 527,826 shares of the financial services provider’s stock worth $11,929,000 after acquiring an additional 23,654 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in The RMR Group by 13.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,496 shares of the financial services provider’s stock worth $926,000 after acquiring an additional 4,390 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of The RMR Group by 2,439.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,041 shares of the financial services provider’s stock valued at $26,000 after buying an additional 1,000 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its stake in shares of The RMR Group by 40.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 825,280 shares of the financial services provider’s stock worth $20,946,000 after purchasing an additional 238,360 shares during the last quarter. 42.31% of the stock is currently owned by institutional investors and hedge funds.

The RMR Group Stock Performance

Shares of NASDAQ RMR opened at $20.49 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $652.52 million, a P/E ratio of 15.07 and a beta of 1.23. The RMR Group Inc. has a 12 month low of $20.26 and a 12 month high of $28.82. The stock has a 50 day moving average of $22.58 and a 200-day moving average of $23.83.

The RMR Group (NASDAQ:RMR) last released its quarterly earnings results on Monday, November 11th. The financial services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.04). The company had revenue of $212.30 million during the quarter, compared to the consensus estimate of $220.15 million. The RMR Group had a net margin of 2.57% and a return on equity of 6.40%. During the same period in the prior year, the company earned $0.48 earnings per share. As a group, equities research analysts predict that The RMR Group Inc. will post 1.62 EPS for the current year.

The RMR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were paid a dividend of $0.45 per share. The ex-dividend date was Monday, October 28th. This represents a $1.80 dividend on an annualized basis and a yield of 8.78%. The RMR Group’s payout ratio is 132.35%.

About The RMR Group

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.