Linden Thomas Advisory Services LLC Sells 1,255 Shares of The RMR Group Inc. (NASDAQ:RMR)

Linden Thomas Advisory Services LLC decreased its holdings in shares of The RMR Group Inc. (NASDAQ:RMR) by 2.6% during the fourth quarter, HoldingsChannel reports. The fund owned 46,982 shares of the financial services provider’s stock after selling 1,255 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in The RMR Group were worth $970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its stake in shares of The RMR Group by 2,439.0% during 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 purchasing an additional 1,000 shares during the period. Meeder Asset Management Inc. grew its holdings in 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 valued at $81,000 after buying an additional 500 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of The RMR Group during the third quarter valued at about $150,000. Fiduciary Financial Group LLC purchased a new stake in shares of The RMR Group in the third quarter worth about $218,000. Finally, Cubist Systematic Strategies LLC boosted its position in shares of The RMR Group by 7.7% in the second quarter. Cubist Systematic Strategies LLC now owns 8,954 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 639 shares during the period. Hedge funds and other institutional investors own 42.31% of the company’s stock.

The RMR Group Price Performance

Shares of NASDAQ:RMR opened at $19.45 on Friday. The company has a 50 day moving average of $20.89 and a 200 day moving average of $23.41. 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 stock has a market cap of $619.48 million, a P/E ratio of 14.30 and a beta of 1.24. The RMR Group Inc. has a 12 month low of $19.08 and a 12 month high of $26.82.

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 firm had revenue of $212.30 million for the quarter, compared to analysts’ expectations of $220.15 million. During the same quarter last year, the firm earned $0.48 earnings per share. As a group, sell-side analysts forecast that The RMR Group Inc. will post 1.51 EPS for the current fiscal year.

The RMR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders 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 yield of 9.25%. The RMR Group’s dividend payout ratio is currently 132.35%.

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.