BayBridge Capital Group LLC Boosts Position in The RMR Group Inc. (NASDAQ:RMR)

BayBridge Capital Group LLC increased its holdings in The RMR Group Inc. (NASDAQ:RMR) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,827 shares of the financial services provider’s stock after acquiring an additional 1,671 shares during the quarter. BayBridge Capital Group LLC owned about 0.07% of The RMR Group worth $451,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in RMR. Franklin Resources Inc. boosted its stake in shares of The RMR Group by 12.9% during the 3rd quarter. Franklin Resources Inc. now owns 24,838 shares of the financial services provider’s stock valued at $625,000 after purchasing an additional 2,831 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in The RMR Group by 13.7% during the 3rd 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 valued at $926,000 after acquiring an additional 4,390 shares in the last quarter. Barclays PLC grew its holdings in shares of The RMR Group by 55.6% during the 3rd quarter. Barclays PLC now owns 50,674 shares of the financial services provider’s stock worth $1,286,000 after acquiring an additional 18,100 shares during the period. JPMorgan Chase & Co. raised its position in shares of The RMR Group by 36.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,982 shares of the financial services provider’s stock worth $2,867,000 after acquiring an additional 30,258 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in shares of The RMR Group by 160.2% in the 4th quarter. CWA Asset Management Group LLC now owns 48,029 shares of the financial services provider’s stock valued at $991,000 after purchasing an additional 29,568 shares during the period. Institutional investors own 42.31% of the company’s stock.

The RMR Group Price Performance

Shares of RMR stock opened at $18.65 on Friday. The business’s fifty day moving average is $20.29 and its 200 day moving average is $23.03. The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 0.10. The stock has a market cap of $594.00 million, a price-to-earnings ratio of 14.02 and a beta of 1.24. The RMR Group Inc. has a twelve month low of $18.21 and a twelve month high of $26.49.

The RMR Group (NASDAQ:RMR) last released its earnings results on Monday, November 11th. The financial services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.04). The RMR Group had a return on equity of 5.83% and a net margin of 2.62%. The business had revenue of $212.30 million during the quarter, compared to analysts’ expectations of $220.15 million. During the same period in the prior year, the company earned $0.48 earnings per share. Research analysts expect that The RMR Group Inc. will post 1.51 EPS for the current fiscal year.

The RMR Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be given a $0.45 dividend. The ex-dividend date is Monday, January 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.65%. The RMR Group’s dividend payout ratio is currently 135.34%.

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.