The RMR Group (NASDAQ:RMR) Upgraded by StockNews.com to “Buy” Rating

The RMR Group (NASDAQ:RMR) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Tuesday.

The RMR Group Stock Performance

NASDAQ:RMR opened at $16.96 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.10. The RMR Group has a twelve month low of $16.61 and a twelve month high of $26.43. The company has a fifty day moving average of $18.27 and a 200-day moving average of $21.37. The firm has a market capitalization of $540.11 million, a P/E ratio of 12.75 and a beta of 1.19.

Institutional Trading of The RMR Group

Several large investors have recently made changes to their positions in RMR. Quantbot Technologies LP acquired a new position in The RMR Group during the 4th quarter worth approximately $63,000. SG Americas Securities LLC raised its position in shares of The RMR Group by 15.3% during the fourth quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 908 shares during the period. Aquatic Capital Management LLC raised its position in shares of The RMR Group by 252.2% during the fourth quarter. Aquatic Capital Management LLC now owns 8,100 shares of the financial services provider’s stock worth $167,000 after purchasing an additional 5,800 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of 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 worth $190,000 after purchasing an additional 2,010 shares in the last quarter. Finally, Deutsche Bank AG grew its position 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 purchasing an additional 7,885 shares during the period. 42.31% of the stock is currently owned by institutional investors and hedge funds.

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.