Institutional Financial Markets (NYSEAMERICAN:COHN) EVP Sells $10,983.90 in Stock

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) EVP Joseph Jr. Pooler sold 705 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $15.58, for a total value of $10,983.90. Following the transaction, the executive vice president owned 69,073 shares of the company’s stock, valued at $1,076,157.34. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Institutional Financial Markets Stock Up 3.0%

Shares of NYSEAMERICAN:COHN traded up $0.43 during trading on Monday, hitting $14.94. 9,592 shares of the company’s stock traded hands, compared to its average volume of 37,095. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $17.43 and a 200-day moving average price of $15.36. Institutional Financial Markets, Inc. has a 52 week low of $6.10 and a 52 week high of $32.60. The company has a market cap of $36.60 million, a price-to-earnings ratio of 2.95 and a beta of 1.31.

Institutional Financial Markets (NYSEAMERICAN:COHN) last released its earnings results on Friday, March 6th. The financial services provider reported $2.97 earnings per share (EPS) for the quarter. Institutional Financial Markets had a return on equity of 43.35% and a net margin of 5.24%.The firm had revenue of $96.20 million during the quarter.

Institutional Financial Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Friday, March 20th will be paid a $0.25 dividend. The ex-dividend date is Friday, March 20th. This represents a $1.00 annualized dividend and a yield of 6.7%. Institutional Financial Markets’s dividend payout ratio is currently 24.45%.

About Institutional Financial Markets

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.