UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $926,000 Position in The RMR Group Inc. (NASDAQ:RMR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in The RMR Group Inc. (NASDAQ:RMR) by 13.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 36,496 shares of the financial services provider’s stock after acquiring an additional 4,390 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in The RMR Group were worth $926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in 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. increased its holdings in The RMR Group by 327.6% in the 2nd quarter. Meeder Asset Management Inc. now owns 2,677 shares of the financial services provider’s stock valued at $60,000 after buying an additional 2,051 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of The RMR Group by 56.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,595 shares of the financial services provider’s stock worth $149,000 after acquiring an additional 2,378 shares during the period. SG Americas Securities LLC bought a new position in The RMR Group in the third quarter valued at approximately $150,000. Finally, Nisa Investment Advisors LLC raised its position in The RMR Group by 42.8% during the second quarter. Nisa Investment Advisors LLC now owns 8,029 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 2,405 shares in the last quarter. Institutional investors and hedge funds own 42.31% of the company’s stock.

The RMR Group Trading Down 3.9 %

Shares of RMR stock opened at $20.73 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $660.17 million, a PE ratio of 15.24 and a beta of 1.23. The RMR Group Inc. has a fifty-two week low of $20.69 and a fifty-two week high of $28.82. The stock’s fifty day moving average price is $23.34 and its two-hundred day moving average price is $23.98.

The RMR Group (NASDAQ:RMR) last issued its earnings results 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 6.40% and a net margin of 2.57%. The firm had revenue of $212.30 million during the quarter, compared to analyst estimates of $220.15 million. During the same period in the previous year, the company earned $0.48 EPS. Equities analysts predict that The RMR Group Inc. will post 1.62 EPS for the current fiscal year.

The RMR Group Announces Dividend

The firm 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. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.80 dividend on an annualized basis and a yield of 8.68%. The RMR Group’s dividend payout ratio (DPR) is presently 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.