15,459 Shares in The RMR Group Inc. (NASDAQ:RMR) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in The RMR Group Inc. (NASDAQ:RMR - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,459 shares of the financial services provider's stock, valued at approximately $319,000.

Several other hedge funds also recently added to or reduced their stakes in the business. SG Americas Securities LLC raised its stake in shares of The RMR Group by 15.3% in the 4th quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider's stock valued at $141,000 after acquiring an additional 908 shares during the period. BayBridge Capital Group LLC raised its position in The RMR Group by 8.3% in the fourth quarter. BayBridge Capital Group LLC now owns 21,827 shares of the financial services provider's stock valued at $451,000 after purchasing an additional 1,671 shares during the period. Franklin Resources Inc. raised its position in The RMR Group by 12.9% in the third 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. Martingale Asset Management L P lifted its stake 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 purchasing an additional 2,842 shares in the last quarter. Finally, FMR LLC boosted its position in shares of The RMR Group by 9.3% during the third quarter. FMR LLC now owns 41,739 shares of the financial services provider's stock worth $1,059,000 after buying an additional 3,548 shares during the period. 42.31% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

Separately, StockNews.com upgraded The RMR Group from a "hold" rating to a "buy" rating in a report on Tuesday.

The RMR Group Price Performance

Shares of NASDAQ RMR remained flat at $16.70 during midday trading on Friday. 277,263 shares of the stock traded hands, compared to its average volume of 103,829. 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 stock has a market capitalization of $531.83 million, a price-to-earnings ratio of 12.56 and a beta of 1.19. The company's 50-day moving average price is $18.15 and its two-hundred day moving average price is $21.26. The RMR Group Inc. has a twelve month low of $16.22 and a twelve month high of $26.43.

The RMR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, January 27th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.78%. The ex-dividend date of this dividend was Monday, January 27th. The RMR Group's dividend payout ratio is currently 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.