The RMR Group Inc. (NASDAQ:RMR) Shares Bought by Nantahala Capital Management LLC

Nantahala Capital Management LLC lifted its holdings in shares of The RMR Group Inc. (NASDAQ:RMR - Free Report) by 32.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 450,792 shares of the financial services provider's stock after buying an additional 111,306 shares during the period. Nantahala Capital Management LLC owned 1.42% of The RMR Group worth $9,304,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RMR. Quantbot Technologies LP acquired a new stake in shares of The RMR Group during the 4th quarter worth approximately $63,000. SG Americas Securities LLC increased its position in The RMR Group by 15.3% in the fourth quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider's stock worth $141,000 after buying an additional 908 shares during the period. Aquatic Capital Management LLC lifted its stake in The RMR Group by 252.2% in the fourth 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% during the fourth quarter. Wells Fargo & Company MN now owns 9,205 shares of the financial services provider's stock valued at $190,000 after acquiring an additional 2,010 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new position in shares of The RMR Group during the fourth quarter worth about $297,000. Institutional investors and hedge funds own 42.31% of the company's stock.

Analysts Set New Price Targets

RMR has been the topic of several recent research reports. StockNews.com upgraded shares of The RMR Group from a "hold" rating to a "buy" rating in a research report on Tuesday, March 25th. B. Riley initiated coverage on 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 Stock Performance

Shares of RMR traded down $0.08 during trading hours on Friday, reaching $14.53. 117,309 shares of the company's stock traded hands, compared to its average volume of 112,842. The RMR Group Inc. has a twelve month low of $14.34 and a twelve month high of $26.43. The business's fifty day simple moving average is $16.31 and its two-hundred day simple moving average is $19.46. 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 firm has a market capitalization of $462.72 million, a price-to-earnings ratio of 10.92 and a beta of 1.10.

The RMR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Tuesday, April 22nd will be paid a dividend of $0.45 per share. The ex-dividend date is Tuesday, April 22nd. This represents a $1.80 annualized dividend and a yield of 12.39%. The RMR Group's payout ratio is 135.34%.

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.