RMR Group Inc (NYSE:RMR) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by $0.02, Morningstar.com reports. The firm had revenue of $55.50 million for the quarter, compared to analysts’ expectations of $54.65 million. RMR Group had a net margin of 32.69% and a return on equity of 19.25%.

RMR Group (RMR) traded up 0.89% during midday trading on Friday, reaching $45.25. The company had a trading volume of 42,735 shares. The firm has a 50-day moving average of $49.14 and a 200 day moving average of $49.85. RMR Group has a 1-year low of $33.90 and a 1-year high of $55.10. The company has a market capitalization of $728.25 million and a P/E ratio of 16.35.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, July 24th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $1.00 annualized dividend and a yield of 2.23%.

A number of large investors have recently added to or reduced their stakes in the stock. Lucus Advisors LLC acquired a new stake in RMR Group during the first quarter worth approximately $413,000. Rational Advisors LLC acquired a new stake in RMR Group during the first quarter worth approximately $297,000. Dimensional Fund Advisors LP boosted its stake in RMR Group by 81.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 112,471 shares of the financial services provider’s stock worth $4,443,000 after buying an additional 50,624 shares during the period. Acadian Asset Management LLC boosted its stake in RMR Group by 8.0% in the first quarter. Acadian Asset Management LLC now owns 543,488 shares of the financial services provider’s stock worth $26,903,000 after buying an additional 40,094 shares during the period. Finally, TIAA CREF Investment Management LLC boosted its stake in RMR Group by 47.9% in the first quarter. TIAA CREF Investment Management LLC now owns 93,858 shares of the financial services provider’s stock worth $4,646,000 after buying an additional 30,388 shares during the period.

Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered RMR Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Canaccord Genuity assumed coverage on RMR Group in a research report on Wednesday, May 31st. They issued a “buy” rating and a $72.00 price target for the company. FBR & Co reaffirmed a “mkt perform” rating and issued a $48.00 price target (up previously from $44.00) on shares of RMR Group in a research report on Friday, May 12th. Finally, Oppenheimer Holdings, Inc. assumed coverage on RMR Group in a research report on Tuesday, April 18th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. RMR Group currently has a consensus rating of “Hold” and a consensus price target of $59.33.

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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.

Earnings History for RMR Group (NYSE:RMR)

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