The RMR Group (NASDAQ:RMR) Hits New 52-Week Low – Should You Sell?

The RMR Group Inc. (NASDAQ:RMR) shares reached a new 52-week low on Monday . The company traded as low as $20.11 and last traded at $20.14, with a volume of 46716 shares changing hands. The stock had previously closed at $20.37.

The RMR Group Trading Down 2.3 %

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $634.05 million, a PE ratio of 14.64 and a beta of 1.24. The firm’s fifty day moving average is $22.15 and its two-hundred day moving average is $23.75.

The RMR Group (NASDAQ:RMR) last released its earnings results on Monday, November 11th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.04). The RMR Group had a net margin of 2.57% and a return on equity of 6.40%. The business had revenue of $212.30 million during the quarter, compared to the consensus estimate of $220.15 million. During the same period in the prior year, the company earned $0.48 earnings per share. On average, equities analysts predict that The RMR Group Inc. will post 1.62 EPS for the current fiscal year.

The RMR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Monday, October 28th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.04%. The ex-dividend date was Monday, October 28th. The RMR Group’s dividend payout ratio (DPR) is currently 132.35%.

Institutional Trading of The RMR Group

A number of large investors have recently added to or reduced their stakes in RMR. Unison Advisors LLC raised its stake in shares of The RMR Group by 2.0% in the third quarter. Unison Advisors LLC now owns 21,492 shares of the financial services provider’s stock valued at $545,000 after buying an additional 412 shares during the period. Meeder Asset Management Inc. increased its holdings in The RMR Group by 18.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 3,177 shares of the financial services provider’s stock worth $81,000 after acquiring an additional 500 shares during the last quarter. Cubist Systematic Strategies LLC raised its stake in The RMR Group by 7.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 8,954 shares of the financial services provider’s stock valued at $202,000 after acquiring an additional 639 shares during the period. Janney Montgomery Scott LLC lifted its holdings in The RMR Group by 2.8% during the third quarter. Janney Montgomery Scott LLC now owns 30,102 shares of the financial services provider’s stock valued at $764,000 after purchasing an additional 817 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in The RMR Group by 1.7% during the second quarter. Rhumbline Advisers now owns 54,324 shares of the financial services provider’s stock worth $1,228,000 after purchasing an additional 925 shares during the period. Hedge funds and other 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.