FBR & Co (NASDAQ:FBRC) insider Richard J. Hendrix acquired 2,135 shares of FBR & Co stock in a transaction that occurred on Tuesday, November 8th. The stock was acquired at an average cost of $11.89 per share, for a total transaction of $25,385.15. Following the completion of the purchase, the insider now directly owns 284,778 shares of the company’s stock, valued at $3,386,010.42. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Shares of FBR & Co (NASDAQ:FBRC) opened at 12.35 on Monday. The company has a 50-day moving average price of $13.41 and a 200 day moving average price of $15.43. FBR & Co has a 1-year low of $10.57 and a 1-year high of $22.37. The firm’s market capitalization is $85.40 million.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 25th. Shareholders of record on Monday, November 14th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, November 9th. This represents a $0.80 annualized dividend and a dividend yield of 6.48%. FBR & Co’s payout ratio is presently -7.79%.

Several research firms recently weighed in on FBRC. Zacks Investment Research lowered FBR & Co from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 9th. TheStreet lowered FBR & Co from a “hold” rating to a “sell” rating in a research note on Wednesday, August 17th.

Several hedge funds have recently modified their holdings of FBRC. Northern Trust Corp raised its stake in shares of FBR & Co by 0.9% in the third quarter. Northern Trust Corp now owns 87,806 shares of the company’s stock valued at $1,162,000 after buying an additional 814 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of FBR & Co during the third quarter valued at about $240,000. Boston Partners raised its stake in shares of FBR & Co by 3.3% in the third quarter. Boston Partners now owns 625,655 shares of the company’s stock valued at $8,284,000 after buying an additional 19,943 shares during the last quarter. DIAM Co. Ltd. raised its stake in shares of FBR & Co by 6.3% in the third quarter. DIAM Co. Ltd. now owns 31,400 shares of the company’s stock valued at $416,000 after buying an additional 1,850 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of FBR & Co by 3.2% in the third quarter. Bank of New York Mellon Corp now owns 32,149 shares of the company’s stock valued at $426,000 after buying an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 71.89% of the company’s stock.

FBR & Co Company Profile

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