FBR & Co (NASDAQ:FBRC) insider Richard J. Hendrix acquired 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 9th. The stock was purchased at an average price of $11.13 per share, for a total transaction of $27,825.00. Following the acquisition, the insider now directly owns 289,709 shares of the company’s stock, valued at approximately $3,224,461.17. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 25th. Stockholders of record on Monday, November 14th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 6.48%. The ex-dividend date is Wednesday, November 9th. FBR & Co’s dividend payout ratio (DPR) is presently -7.79%.

Several institutional investors have recently added to or reduced their stakes in FBRC. Bank of New York Mellon Corp boosted its position in FBR & Co by 62.9% in the second quarter. Bank of New York Mellon Corp now owns 31,149 shares of the company’s stock valued at $465,000 after buying an additional 12,033 shares during the period. California State Teachers Retirement System acquired a new position in FBR & Co during the second quarter valued at $196,000. Emerald Acquisition Ltd. acquired a new position in FBR & Co during the second quarter valued at $3,535,000. DIAM Co. Ltd. boosted its position in FBR & Co by 9.2% in the second quarter. DIAM Co. Ltd. now owns 29,550 shares of the company’s stock valued at $441,000 after buying an additional 2,500 shares during the period. Finally, Boston Partners boosted its position in FBR & Co by 14.1% in the second quarter. Boston Partners now owns 605,712 shares of the company’s stock valued at $9,043,000 after buying an additional 74,910 shares during the period. Institutional investors and hedge funds own 71.89% of the company’s stock.

Several equities analysts have commented on the company. TheStreet downgraded FBR & Co from a “hold” rating to a “sell” rating in a report on Wednesday, August 17th. Zacks Investment Research upgraded FBR & Co from a “strong sell” rating to a “hold” rating in a report on Monday, September 19th.

About FBR & Co

5 Day Chart for NASDAQ:FBRC

Receive News & Stock Ratings for FBR & Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FBR & Co and related stocks with our FREE daily email newsletter.