Short Interest in The RMR Group Inc. (NASDAQ:RMR) Increases By 50.0%

The RMR Group Inc. (NASDAQ:RMR) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 210,300 shares, a growth of 50.0% from the November 15th total of 140,200 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 72,800 shares, the short-interest ratio is currently 2.9 days.

The RMR Group Stock Down 0.3 %

Shares of NASDAQ RMR traded down $0.07 during mid-day trading on Friday, reaching $21.84. The company had a trading volume of 2,034 shares, compared to its average volume of 85,199. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.85 and a current ratio of 0.85. The RMR Group has a twelve month low of $21.46 and a twelve month high of $28.82. The stock’s 50 day moving average is $23.57 and its 200-day moving average is $24.00. The stock has a market capitalization of $695.60 million, a PE ratio of 16.11 and a beta of 1.23.

The RMR Group (NASDAQ:RMR) last released its quarterly earnings data 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 firm had revenue of $212.30 million during the quarter, compared to analyst estimates of $220.15 million. The RMR Group had a return on equity of 6.40% and a net margin of 2.57%. During the same quarter in the prior year, the company posted $0.48 EPS. As a group, equities analysts anticipate that The RMR Group will post 1.62 earnings per share for the current fiscal year.

The RMR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Monday, October 28th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.80 annualized dividend and a yield of 8.24%. The RMR Group’s dividend payout ratio (DPR) is presently 132.35%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RMR. Franklin Resources Inc. boosted its stake in The RMR Group by 12.9% during the 3rd quarter. Franklin Resources Inc. now owns 24,838 shares of the financial services provider’s stock valued at $625,000 after purchasing an additional 2,831 shares during the period. Barclays PLC boosted its position in shares of The RMR Group by 55.6% in the third quarter. Barclays PLC now owns 50,674 shares of the financial services provider’s stock valued at $1,286,000 after acquiring an additional 18,100 shares during the period. Hotchkis & Wiley Capital Management LLC grew its stake in shares of The RMR Group by 40.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 825,280 shares of the financial services provider’s stock worth $20,946,000 after acquiring an additional 238,360 shares during the last quarter. Martingale Asset Management L P increased its position in The RMR Group by 4.3% during the third quarter. Martingale Asset Management L P now owns 68,249 shares of the financial services provider’s stock worth $1,732,000 after acquiring an additional 2,842 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in The RMR Group by 13.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,496 shares of the financial services provider’s stock valued at $926,000 after purchasing an additional 4,390 shares during the last quarter. 42.31% of the stock is currently owned by institutional investors and hedge funds.

About The RMR Group

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.