47,269 Shares in The RMR Group Inc. $RMR Purchased by Nuveen LLC

Nuveen LLC acquired a new stake in The RMR Group Inc. (NASDAQ:RMR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 47,269 shares of the financial services provider's stock, valued at approximately $787,000. Nuveen LLC owned 0.15% of The RMR Group as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in The RMR Group by 20,880.0% in the 1st quarter. GAMMA Investing LLC now owns 2,098 shares of the financial services provider's stock valued at $35,000 after buying an additional 2,088 shares during the period. Wells Fargo & Company MN increased its stake in 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 period. Deutsche Bank AG increased its stake in 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 period. Connor Clark & Lunn Investment Management Ltd. acquired a new position in The RMR Group in the 1st quarter valued at $236,000. Finally, Exchange Traded Concepts LLC acquired a new position in The RMR Group in the 1st quarter valued at $248,000. 42.31% of the stock is owned by institutional investors and hedge funds.

The RMR Group Stock Performance

RMR traded up $0.03 during trading on Friday, hitting $16.83. The stock had a trading volume of 52,941 shares, compared to its average volume of 79,443. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market capitalization of $536.37 million, a P/E ratio of 14.38 and a beta of 1.20. The company's 50-day moving average price is $16.78 and its 200 day moving average price is $16.27. The RMR Group Inc. has a twelve month low of $13.48 and a twelve month high of $26.06.

The RMR Group (NASDAQ:RMR - Get Free Report) last issued its earnings results on Tuesday, August 5th. The financial services provider reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. The company had revenue of $154.73 million for the quarter, compared to analyst estimates of $201.80 million. The RMR Group had a net margin of 2.56% and a return on equity of 5.01%. On average, equities research analysts forecast that The RMR Group Inc. will post 1.51 EPS for the current fiscal year.

The RMR Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Monday, July 21st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 10.7%. The ex-dividend date was Monday, July 21st. The RMR Group's payout ratio is presently 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.