Stock On Watch: RMR Real Estate Income Fund Stock Decreased as Institutional Investors Exit

November 17, 2016 - By Darrin Black   ·   0 Comments

Stock On Watch: RMR Real Estate Income Fund Stock Decreased as Institutional Investors Exit

Sentiment for RMR Real Estate Income Fund (NYSEMKT:RIF)

RMR Real Estate Income Fund (NYSEMKT:RIF) institutional sentiment decreased to 0.78 in 2016 Q2. Its down -1.93, from 2.71 in 2016Q1. The ratio worsened, as 14 investment professionals started new or increased stock positions, while 18 sold and reduced stakes in RMR Real Estate Income Fund. The investment professionals in our partner’s database reported: 2.44 million shares, up from 2.23 million shares in 2016Q1. Also, the number of investment professionals holding RMR Real Estate Income Fund in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 10 Increased: 9 New Position: 5.

RMR Real Estate Income Fund is a non-diversified closed end management investment company. The company has a market cap of $147.60 million. The Fund’s primary investment objective is to earn and pay a high level of current income to its common shareholders by investing in real estate companies, including real estate investment trusts (REITs). It currently has negative earnings. The Fund’s secondary investment objective is capital appreciation.

About 9,588 shares traded hands. RMR Real Estate Income Fund (NYSEMKT:RIF) has risen 0.31% since April 15, 2016 and is uptrending. It has underperformed by 4.31% the S&P500.

RIF Company Profile

RMR Asia Pacific Real Estate Fund (the Fund) is as a non-diversified, closed-end management investment company. The Fund’s primary investment objective is capital appreciation. The Fund seeks to invest at least 80% of its managed assets in common stock or other equity securities of Asia Pacific real estate companies.

More notable recent RMR Real Estate Income Fund (NYSEMKT:RIF) news were published by: Businesswire.com which released: “RMR Real Estate Income Fund Promotes Fernando Diaz, CFA, to President and …” on February 23, 2015, also Businesswire.com with their article: “RMR Real Estate Income Fund Declares its Final Dividend and the Completion of …” published on January 23, 2012, Businesswire.com published: “Planned Merger of RMR Asia Pacific Real Estate Fund and RMR Real Estate Income …” on June 01, 2011. More interesting news about RMR Real Estate Income Fund (NYSEMKT:RIF) were released by: Realmoney.Thestreet.com and their article: “Cheap Real Estate Still for Sale in Closed-End Funds” published on July 13, 2016 as well as Seekingalpha.com‘s news article titled: “The Best REIT CEF For The Retiree: Nearly 8% Yield With Growing Cash Payments …” with publication date: May 09, 2016.

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By Darrin Black

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