BayBridge Capital Group LLC Increases Stake in The RMR Group Inc. (NASDAQ:RMR)

BayBridge Capital Group LLC raised its position in shares of The RMR Group Inc. (NASDAQ:RMR) by 8.3% in the fourth quarter, Holdings Channel reports. 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’s holdings in The RMR Group were worth $451,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of The RMR Group by 2,439.0% during the third quarter. International Assets Investment Management LLC now owns 1,041 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 1,000 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of The RMR Group by 18.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 3,177 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 500 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of The RMR Group in the third quarter worth $150,000. Fiduciary Financial Group LLC bought a new position in shares of The RMR Group during the third quarter valued at $218,000. Finally, Cubist Systematic Strategies LLC boosted its position in shares of The RMR Group by 7.7% during the second quarter. Cubist Systematic Strategies LLC now owns 8,954 shares of the financial services provider’s stock valued at $202,000 after buying an additional 639 shares during the last quarter. 42.31% of the stock is owned by hedge funds and other institutional investors.

The RMR Group Price Performance

Shares of NASDAQ:RMR opened at $18.65 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.89. The firm has a market cap of $594.00 million, a price-to-earnings ratio of 14.02 and a beta of 1.24. The business has a 50-day simple moving average of $20.29 and a two-hundred day simple moving average of $23.03. The RMR Group Inc. has a fifty-two week low of $18.21 and a fifty-two week high of $26.49.

The RMR Group (NASDAQ:RMR) last released its quarterly earnings data 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 RMR Group had a net margin of 2.62% and a return on equity of 5.83%. The company had revenue of $212.30 million for the quarter, compared to analysts’ expectations of $220.15 million. During the same period in the previous year, the firm earned $0.48 earnings per share. On average, analysts expect that The RMR Group Inc. will post 1.51 earnings per share for the current year.

The RMR Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Monday, January 27th will be paid 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 (DPR) 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.