The RMR Group Inc. (NASDAQ:RMR) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC cut its stake in The RMR Group Inc. (NASDAQ:RMR) by 15.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,948 shares of the financial services provider’s stock after selling 11,300 shares during the period. Los Angeles Capital Management LLC owned 0.19% of The RMR Group worth $1,279,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in RMR. International Assets Investment Management LLC lifted its holdings in The RMR Group by 2,439.0% during the 3rd quarter. International Assets Investment Management LLC now owns 1,041 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,000 shares during the last quarter. Meeder Asset Management Inc. raised its position in shares of The RMR Group by 18.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 3,177 shares of the financial services provider’s stock valued at $81,000 after acquiring an additional 500 shares in the last quarter. SG Americas Securities LLC lifted its stake in The RMR Group by 15.3% during the fourth quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 908 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in The RMR Group by 77.8% in the third quarter. BNP Paribas Financial Markets now owns 12,100 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 5,294 shares during the period. Finally, BayBridge Capital Group LLC increased its stake in The RMR Group by 8.3% during the fourth quarter. BayBridge Capital Group LLC now owns 21,827 shares of the financial services provider’s stock valued at $451,000 after purchasing an additional 1,671 shares during the last quarter. 42.31% of the stock is currently owned by institutional investors.

The RMR Group Stock Down 0.2 %

NASDAQ:RMR opened at $18.22 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average of $19.18 and a 200-day moving average of $22.29. The firm has a market capitalization of $580.23 million, a PE ratio of 13.70 and a beta of 1.24. The RMR Group Inc. has a 52 week low of $17.75 and a 52 week high of $26.43.

The RMR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, January 27th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.80 dividend on an annualized basis and a yield of 9.88%. The RMR Group’s payout ratio is currently 135.34%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of The RMR Group from a “hold” rating to a “buy” rating in a research report on Friday.

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.