Key Points
- Insider sale: EVP Joseph Jr. Pooler sold 6,113 shares on March 19 at an average price of $17.15 for about $104,838, cutting his holding by 8.05% to 69,778 shares (≈ $1.20M).
- Dividend announced: The company declared a quarterly dividend of $0.25 per share (annualized $1.00), with an ex-dividend date of March 20 and payment on April 3, implying a yield of 6.8% and a payout ratio of 24.45%.
- Financials & valuation: Last quarter EPS was $2.97 on $96.2M revenue; the firm has a market cap of $36.24M, a P/E of 2.92, and a 52-week range of $6.10–$32.60.
Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN - Get Free Report) EVP Joseph Jr. Pooler sold 705 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $15.58, for a total transaction of $10,983.90. Following the completion of the transaction, the executive vice president owned 69,073 shares in the company, valued at $1,076,157.34. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Institutional Financial Markets Price Performance
COHN opened at $14.79 on Tuesday. The company has a fifty day moving average price of $17.36 and a two-hundred day moving average price of $15.38. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 0.92. Institutional Financial Markets, Inc. has a 52 week low of $6.10 and a 52 week high of $32.60. The firm has a market capitalization of $36.24 million, a PE ratio of 2.92 and a beta of 1.31.
Institutional Financial Markets (NYSEAMERICAN:COHN - Get Free Report) last issued its earnings results on Friday, March 6th. The financial services provider reported $2.97 EPS for the quarter. The company had revenue of $96.20 million during the quarter. Institutional Financial Markets had a net margin of 5.24% and a return on equity of 43.35%.
Institutional Financial Markets Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Friday, March 20th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, March 20th. Institutional Financial Markets's dividend payout ratio is currently 24.45%.
Institutional Financial Markets Company Profile
(
Get Free Report)
Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
