Linden Thomas Advisory Services LLC Has $773,000 Stock Holdings in The RMR Group Inc. $RMR

Linden Thomas Advisory Services LLC lowered its stake in The RMR Group Inc. (NASDAQ:RMR) by 1.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 47,261 shares of the financial services provider’s stock after selling 777 shares during the period. Linden Thomas Advisory Services LLC owned approximately 0.15% of The RMR Group worth $773,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC boosted its holdings in shares of The RMR Group by 313.1% during the first quarter. NewEdge Advisors LLC now owns 1,483 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 1,124 shares during the period. AlphaQuest LLC boosted its stake in The RMR Group by 131.3% in the 1st quarter. AlphaQuest LLC now owns 2,406 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 1,366 shares during the period. Strs Ohio acquired a new position in The RMR Group in the 1st quarter valued at $50,000. CWM LLC increased its position in The RMR Group by 216.0% during the 2nd quarter. CWM LLC now owns 6,522 shares of the financial services provider’s stock worth $107,000 after buying an additional 4,458 shares during the period. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in shares of The RMR Group during the second quarter worth $164,000. 42.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of The RMR Group in a research report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $24.00.

The RMR Group Price Performance

Shares of NASDAQ RMR opened at $15.08 on Monday. The stock has a market capitalization of $480.60 million, a PE ratio of 12.89 and a beta of 1.19. The RMR Group Inc. has a fifty-two week low of $13.48 and a fifty-two week high of $25.01. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.88 and a quick ratio of 0.88. The business has a fifty day moving average price of $16.04 and a two-hundred day moving average price of $15.91.

The RMR Group (NASDAQ:RMR) last issued its quarterly earnings results on Tuesday, August 5th. The financial services provider reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The RMR Group had a return on equity of 5.01% and a net margin of 2.56%.The company had revenue of $154.73 million for the quarter, compared to analysts’ expectations of $201.80 million. As a group, equities analysts predict that The RMR Group Inc. will post 1.51 earnings per share for the current fiscal year.

The RMR Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Stockholders of record on Monday, October 27th will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend is Monday, October 27th. The RMR Group’s dividend payout ratio is 153.85%.

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.