SG Americas Securities LLC Has $141,000 Stock Holdings in The RMR Group Inc. (NASDAQ:RMR)

SG Americas Securities LLC lifted its holdings in shares of The RMR Group Inc. (NASDAQ:RMR) by 15.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,832 shares of the financial services provider’s stock after purchasing an additional 908 shares during the quarter. SG Americas Securities LLC’s holdings in The RMR Group were worth $141,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its holdings in shares of The RMR Group by 2,439.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,041 shares of the financial services provider’s stock valued at $26,000 after buying an additional 1,000 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings 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 worth $81,000 after buying an additional 500 shares during the period. Cubist Systematic Strategies LLC lifted its position in 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 worth $202,000 after acquiring an additional 639 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of The RMR Group by 77.8% during the third 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, Truist Financial Corp boosted its position in shares of The RMR Group by 25.9% in the second quarter. Truist Financial Corp now owns 14,611 shares of the financial services provider’s stock valued at $330,000 after acquiring an additional 3,005 shares during the period. 42.31% of the stock is currently owned by institutional investors and hedge funds.

The RMR Group Stock Down 0.5 %

Shares of RMR opened at $18.55 on Tuesday. The firm’s 50 day moving average is $20.22 and its 200-day moving average is $22.96. The RMR Group Inc. has a 12 month low of $18.21 and a 12 month high of $26.43. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $590.74 million, a PE ratio of 13.95 and a beta of 1.24.

The RMR Group (NASDAQ:RMR) last announced its quarterly earnings data on Monday, November 11th. The financial services provider reported $0.34 earnings per share (EPS) 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 firm had revenue of $212.30 million for the quarter, compared to analyst estimates of $220.15 million. During the same quarter in the previous year, the company earned $0.48 earnings per share. Equities research analysts forecast that The RMR Group Inc. will post 1.51 EPS for the current year.

The RMR Group Announces Dividend

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 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 9.70%. The RMR Group’s payout ratio is currently 135.34%.

About The RMR Group

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.