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

Barclays PLC lifted its stake in shares of The RMR Group Inc. (NASDAQ:RMR) by 55.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,674 shares of the financial services provider’s stock after buying an additional 18,100 shares during the period. Barclays PLC’s holdings in The RMR Group were worth $1,286,000 as of its most recent SEC filing.

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

The RMR Group Stock Down 1.6 %

The RMR Group stock 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 firm’s fifty day moving average price is $22.58 and its two-hundred day moving average price is $23.83. The firm has a market capitalization of $652.52 million, a price-to-earnings ratio of 15.07 and a beta of 1.23. The RMR Group Inc. has a 1-year low of $20.26 and a 1-year high of $28.82.

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

The RMR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, October 28th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 8.78%. The ex-dividend date of this dividend was Monday, October 28th. The RMR Group’s dividend payout ratio (DPR) is currently 132.35%.

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.