RMR Group Inc (RMR) Shares Bought by Dupont Capital Management Corp
Dupont Capital Management Corp boosted its position in shares of RMR Group Inc (NASDAQ:RMR) by 24.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,090 shares of the financial services provider’s stock after acquiring an additional 1,384 shares during the quarter. Dupont Capital Management Corp’s holdings in RMR Group were worth $420,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Chicago Equity Partners LLC boosted its holdings in RMR Group by 36.0% during the 4th quarter. Chicago Equity Partners LLC now owns 24,465 shares of the financial services provider’s stock valued at $1,451,000 after acquiring an additional 6,476 shares during the period. SG Americas Securities LLC purchased a new position in shares of RMR Group in the 4th quarter valued at about $131,000. Schwab Charles Investment Management Inc. boosted its stake in shares of RMR Group by 4.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 30,494 shares of the financial services provider’s stock valued at $1,809,000 after buying an additional 1,248 shares during the period. Confluence Investment Management LLC purchased a new position in shares of RMR Group in the 4th quarter valued at about $1,580,000. Finally, California Public Employees Retirement System boosted its stake in shares of RMR Group by 10.2% in the 3rd quarter. California Public Employees Retirement System now owns 19,711 shares of the financial services provider’s stock valued at $1,012,000 after buying an additional 1,818 shares during the period. Institutional investors own 34.27% of the company’s stock.
RMR Group Inc (NASDAQ RMR) opened at $58.20 on Friday. The stock has a market capitalization of $1,790.00 and a PE ratio of 22.13. RMR Group Inc has a 52 week low of $42.35 and a 52 week high of $67.90.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Stockholders of record on Monday, January 29th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, January 26th. RMR Group’s dividend payout ratio (DPR) is presently 38.02%.
Several equities analysts have recently issued reports on RMR shares. BidaskClub cut RMR Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Zacks Investment Research cut RMR Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. B. Riley reiterated a “neutral” rating on shares of RMR Group in a research note on Wednesday, November 1st. Oppenheimer reiterated a “hold” rating on shares of RMR Group in a research note on Tuesday, December 12th. Finally, TheStreet upgraded RMR Group from a “c” rating to a “b-” rating in a research note on Tuesday, December 12th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $63.50.
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.
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