The RMR Group (NASDAQ:RMR) Sets New 52-Week Low - What's Next?

Shares of The RMR Group Inc. (NASDAQ:RMR - Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $16.08 and last traded at $16.45, with a volume of 375 shares traded. The stock had previously closed at $16.44.

Analyst Ratings Changes

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

The RMR Group Stock Down 3.0 %

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.89. The stock's 50 day moving average price is $17.83 and its 200-day moving average price is $20.92. The company has a market cap of $492.02 million, a PE ratio of 11.61 and a beta of 1.08.

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 issued a $0.45 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.80 annualized dividend and a dividend yield of 11.65%. The RMR Group's dividend payout ratio is currently 135.34%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of The RMR Group in the fourth quarter worth about $63,000. SG Americas Securities LLC increased its stake in shares of The RMR Group by 15.3% during the fourth quarter. SG Americas Securities LLC now owns 6,832 shares of the financial services provider's stock valued at $141,000 after buying an additional 908 shares during the period. Aquatic Capital Management LLC increased its stake in shares of The RMR Group by 252.2% during the fourth quarter. Aquatic Capital Management LLC now owns 8,100 shares of the financial services provider's stock valued at $167,000 after buying an additional 5,800 shares during the period. Wells Fargo & Company MN raised its holdings in shares of The RMR Group by 27.9% during the fourth quarter. Wells Fargo & Company MN now owns 9,205 shares of the financial services provider's stock valued at $190,000 after acquiring an additional 2,010 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in The RMR Group by 140.1% in the fourth quarter. Deutsche Bank AG now owns 13,515 shares of the financial services provider's stock worth $279,000 after acquiring an additional 7,885 shares during the period. Institutional investors own 42.31% of the company's stock.

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.