The RMR Group Inc. (NASDAQ:RMR) Short Interest Down 19.2% in March

The RMR Group Inc. (NASDAQ:RMR - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 249,100 shares, a decrease of 19.2% from the February 28th total of 308,400 shares. Approximately 1.7% of the company's shares are sold short. Based on an average daily trading volume, of 157,700 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in RMR. Thrivent Financial for Lutherans boosted its stake in shares of The RMR Group by 166.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 25,010 shares of the financial services provider's stock valued at $635,000 after purchasing an additional 15,616 shares in the last quarter. FMR LLC lifted its holdings in The RMR Group by 9.3% in 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. BNP Paribas Financial Markets boosted its position in The RMR Group by 77.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,100 shares of the financial services provider's stock valued at $307,000 after acquiring an additional 5,294 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of 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 worth $926,000 after acquiring an additional 4,390 shares during the period. Finally, Martingale Asset Management L P raised its position in shares of The RMR Group by 4.3% in the 3rd 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 in the last quarter. 42.31% of the stock is owned by hedge funds and other institutional investors.

The RMR Group Trading Down 0.5 %

NASDAQ RMR traded down $0.08 on Friday, hitting $15.92. The company's stock had a trading volume of 281,200 shares, compared to its average volume of 106,633. The firm has a market cap of $506.99 million, a P/E ratio of 11.97 and a beta of 1.19. The RMR Group has a 52-week low of $15.76 and a 52-week high of $26.43. The company's 50-day simple moving average is $17.83 and its 200 day simple moving average is $20.98. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10.

The RMR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, January 27th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date was Monday, January 27th. The RMR Group's payout ratio is 135.34%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of The RMR Group from a "hold" rating to a "buy" rating in a research report on Tuesday, March 25th.

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.