Ajo LP maintained its stake in RMR Group Inc (NYSE:RMR) during the second quarter, according to the company in its most recent filing with the SEC. The firm owned 103,099 shares of the financial services provider’s stock at the end of the second quarter. Ajo LP owned 0.68% of RMR Group worth $5,016,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. State Board of Administration of Florida Retirement System bought a new position in RMR Group during the first quarter valued at approximately $208,000. American International Group Inc. increased its holdings in RMR Group by 7.1% during the first quarter. American International Group Inc. now owns 4,261 shares of the financial services provider’s stock valued at $211,000 after buying an additional 281 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in RMR Group during the second quarter valued at approximately $211,000. Trexquant Investment LP purchased a new stake in RMR Group during the second quarter valued at approximately $219,000. Finally, Bank of America Corp DE increased its holdings in RMR Group by 1.2% during the first quarter. Bank of America Corp DE now owns 5,027 shares of the financial services provider’s stock valued at $249,000 after buying an additional 59 shares during the last quarter.

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Shares of RMR Group Inc (NYSE:RMR) opened at 51.05 on Friday. The stock has a market capitalization of $821.60 million and a PE ratio of 18.45. RMR Group Inc has a 52 week low of $33.90 and a 52 week high of $55.10. The stock has a 50 day moving average of $48.96 and a 200-day moving average of $49.88.

RMR Group (NYSE:RMR) last announced its quarterly earnings data on Wednesday, August 9th. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.02). The business had revenue of $55.50 million for the quarter, compared to analyst estimates of $54.65 million. RMR Group had a net margin of 31.72% and a return on equity of 18.72%. On average, equities research analysts expect that RMR Group Inc will post $2.78 EPS for the current year.

A number of analysts have commented on the stock. Zacks Investment Research cut shares of RMR Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Canaccord Genuity set a $68.00 target price on shares of RMR Group and gave the company a “buy” rating in a report on Tuesday, August 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $58.00.

About RMR Group

The RMR Group Inc is a holding company. The Company’s business is primarily conducted by its subsidiary, The RMR Group LLC (RMR LLC). The Company’s segments include RMR LLC and All Other Operations. RMR LLC manages a portfolio of publicly owned real estate and real estate related businesses. RMR LLC manages Government Properties Income Trust, a real estate investment trust (REIT) that primarily owns properties that are leased to government tenants; Hospitality Properties Trust, an REIT that primarily owns hotels and travel centers; Select Income REIT, an REIT that primarily owns properties leased to single tenants across the United States and leased lands in Hawaii, and Senior Housing Properties Trust, an REIT that primarily owns senior living communities and medical office buildings.

Institutional Ownership by Quarter for RMR Group (NYSE:RMR)

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