Two Sigma Investments LP Sells 25,222 Shares of The RMR Group Inc. (NASDAQ:RMR)

Two Sigma Investments LP reduced its holdings in shares of The RMR Group Inc. (NASDAQ:RMR) by 46.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,077 shares of the financial services provider’s stock after selling 25,222 shares during the quarter. Two Sigma Investments LP owned approximately 0.09% of The RMR Group worth $600,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in RMR. Quantbot Technologies LP acquired a new stake in shares of The RMR Group in the 4th quarter valued at approximately $63,000. SG Americas Securities LLC boosted its holdings in shares of The RMR Group by 15.3% in the 4th 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 during the last quarter. Aquatic Capital Management LLC boosted its holdings in shares of The RMR Group by 252.2% in the 4th quarter. Aquatic Capital Management LLC now owns 8,100 shares of the financial services provider’s stock valued at $167,000 after buying an additional 5,800 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of The RMR Group by 27.9% in the 4th quarter. Wells Fargo & Company MN now owns 9,205 shares of the financial services provider’s stock valued at $190,000 after buying an additional 2,010 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in shares of The RMR Group by 140.1% in the 4th quarter. Deutsche Bank AG now owns 13,515 shares of the financial services provider’s stock valued at $279,000 after buying an additional 7,885 shares during the last quarter. 42.31% of the stock is owned by institutional investors.

The RMR Group Trading Up 2.3%

RMR stock opened at $15.40 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.89. The company has a fifty day moving average price of $14.98 and a two-hundred day moving average price of $17.82. The RMR Group Inc. has a one year low of $13.48 and a one year high of $26.43. The stock has a market cap of $490.91 million, a price-to-earnings ratio of 11.58 and a beta of 1.12.

The RMR Group (NASDAQ:RMR) last released its quarterly earnings data on Tuesday, May 6th. The financial services provider reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.02). The RMR Group had a return on equity of 5.83% and a net margin of 2.62%. The company had revenue of $166.67 million for the quarter, compared to the consensus estimate of $214.10 million. Equities analysts anticipate that The RMR Group Inc. will post 1.51 EPS for the current year.

The RMR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.69%. The ex-dividend date of this dividend was Tuesday, April 22nd. The RMR Group’s dividend payout ratio is currently 148.76%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Wall Street Zen raised The RMR Group from a “hold” rating to a “buy” rating in a report on Tuesday, March 25th. B. Riley began coverage on shares of The RMR Group in a research report on Tuesday, April 22nd. They set a “buy” rating and a $24.00 price objective for the company.

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.