Zacks Investment Research upgraded shares of FBR & Co (NASDAQ:FBRC) from a strong sell rating to a hold rating in a research note published on Monday morning.

According to Zacks, “FBR & Co. provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; healthcare; insurance; real estate; and technology, media & telecom. “

Separately, TheStreet cut FBR & Co from a hold rating to a sell rating in a report on Wednesday, August 17th.

Shares of FBR & Co (NASDAQ:FBRC) opened at 13.51 on Monday. FBR & Co has a 12-month low of $13.09 and a 12-month high of $22.37. The company has a 50 day moving average price of $13.90 and a 200 day moving average price of $16.69. The stock’s market cap is $93.57 million.

FBR & Co (NASDAQ:FBRC) last announced its earnings results on Thursday, July 14th. The company reported ($1.08) EPS for the quarter, missing analysts’ consensus estimates of $0.11 by $1.19. The company had revenue of $20.90 million for the quarter. FBR & Co had a negative net margin of 23.07% and a negative return on equity of 10.74%. Analysts anticipate that FBR & Co will post ($1.45) earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Friday, July 29th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date was Wednesday, July 27th. FBR & Co’s dividend payout ratio (DPR) is presently -28.37%.

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in shares of FBR & Co by 4.1% in the first quarter. Geode Capital Management LLC now owns 40,479 shares of the company’s stock worth $732,000 after buying an additional 1,609 shares during the period. Pax World Management LLC boosted its stake in FBR & Co by 4.8% in the second quarter. Pax World Management LLC now owns 260,832 shares of the company’s stock valued at $3,894,000 after buying an additional 11,985 shares during the period. Boston Partners boosted its stake 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. Renaissance Technologies LLC acquired a new stake in FBR & Co during the first quarter valued at about $203,000. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in FBR & Co by 19.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 285,439 shares of the company’s stock valued at $4,262,000 after buying an additional 46,781 shares during the period. Hedge funds and other institutional investors own 72.88% of the company’s stock.

About FBR & Co

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