Segall Bryant & Hamill LLC Buys Shares of 29,217 The RMR Group Inc. (NASDAQ:RMR)

Segall Bryant & Hamill LLC purchased a new position in shares of The RMR Group Inc. (NASDAQ:RMR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 29,217 shares of the financial services provider’s stock, valued at approximately $603,000. Segall Bryant & Hamill LLC owned 0.09% of The RMR Group as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Quantbot Technologies LP purchased a new position in The RMR Group in the 4th quarter valued at approximately $63,000. SG Americas Securities LLC increased its position in shares of The RMR Group by 15.3% in the fourth quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider’s stock valued at $141,000 after buying an additional 908 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of The RMR Group during the 4th quarter worth $297,000. BNP Paribas Financial Markets boosted its position in shares of The RMR Group by 77.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 12,100 shares of the financial services provider’s stock worth $307,000 after buying an additional 5,294 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in The RMR Group in the 4th quarter valued at about $319,000. Hedge funds and other institutional investors own 42.31% of the company’s stock.

The RMR Group Stock Performance

The RMR Group stock opened at $16.70 on Friday. The RMR Group Inc. has a fifty-two week low of $16.22 and a fifty-two week high of $26.43. The company has a market capitalization of $531.83 million, a price-to-earnings ratio of 12.56 and a beta of 1.19. The stock has a fifty day moving average of $18.15 and a two-hundred day moving average of $21.28. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, January 27th were paid a dividend of $0.45 per share. The ex-dividend date was Monday, January 27th. This represents a $1.80 annualized dividend and a dividend yield of 10.78%. The RMR Group’s dividend payout ratio is currently 135.34%.

Wall Street Analyst Weigh In

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

The RMR Group Company 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.