Institutional Financial Markets (NYSEAMERICAN:COHN) EVP Sells 705 Shares

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) EVP Joseph Jr. Pooler sold 705 shares of Institutional Financial Markets stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $15.58, for a total value of $10,983.90. Following the transaction, the executive vice president directly owned 69,073 shares in the company, valued at approximately $1,076,157.34. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Institutional Financial Markets Stock Up 3.0%

COHN traded up $0.43 during midday 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 stock’s fifty day simple moving average is $17.43 and its 200-day simple moving average is $15.36. Institutional Financial Markets, Inc. has a one year low of $6.10 and a one year high of $32.60. The company has a market cap of $36.60 million, a PE ratio of 2.95 and a beta of 1.31. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.92 and a quick ratio of 0.92.

Institutional Financial Markets (NYSEAMERICAN:COHN) last posted 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 net margin of 5.24% and a return on equity of 43.35%. The business had revenue of $96.20 million for the quarter.

Institutional Financial Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Friday, March 20th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.7%. Institutional Financial Markets’s dividend payout ratio (DPR) is presently 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.