Institutional Financial Markets (NYSEAMERICAN:COHN) EVP Joseph Jr. Pooler Sells 6,113 Shares

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) EVP Joseph Jr. Pooler sold 6,113 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $17.15, for a total transaction of $104,837.95. Following the completion of the transaction, the executive vice president directly owned 69,778 shares in the company, valued at approximately $1,196,692.70. The trade was a 8.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Institutional Financial Markets Trading Up 1.9%

Shares of COHN stock opened at $14.79 on Tuesday. The company has a market capitalization of $36.24 million, a PE ratio of 2.92 and a beta of 1.31. Institutional Financial Markets, Inc. has a 52-week low of $6.10 and a 52-week high of $32.60. The business’s fifty day moving average is $17.36 and its 200 day moving average is $15.38. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current 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 EPS for the quarter. The business had revenue of $96.20 million during the quarter. Institutional Financial Markets had a return on equity of 43.35% and a net margin of 5.24%.

Institutional Financial Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders 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 annualized dividend and a dividend yield of 6.8%. Institutional Financial Markets’s payout ratio is presently 24.45%.

Institutional Financial Markets Company Profile

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.