JMP Group Inc. (NYSE:JMP) CEO Joseph A. Jolson bought 4,000 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was purchased at an average price of $5.50 per share, with a total value of $22,000.00. Following the completion of the purchase, the chief executive officer now owns 113,317 shares in the company, valued at $623,243.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

JMP Group Inc. (NYSE:JMP) opened at 5.52 on Wednesday. JMP Group Inc. has a 52-week low of $4.95 and a 52-week high of $6.72. The firm’s market capitalization is $115.67 million. The firm’s 50-day moving average is $5.61 and its 200-day moving average is $5.38.

JMP Group (NYSE:JMP) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The company had revenue of $29.70 million for the quarter, compared to analyst estimates of $40.50 million. JMP Group had a negative net margin of 1.96% and a positive return on equity of 2.69%. On average, analysts anticipate that JMP Group Inc. will post $0.40 earnings per share for the current year.

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The business also recently declared a monthly dividend, which was paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st were paid a $0.03 dividend. The ex-dividend date of this dividend was Monday, August 29th. This represents a $0.36 annualized dividend and a yield of 6.52%. JMP Group’s dividend payout ratio is currently -276.92%.

Several equities analysts recently issued reports on JMP shares. Zacks Investment Research cut shares of JMP Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. TheStreet cut shares of JMP Group from a “hold” rating to a “sell” rating in a research note on Wednesday, August 17th.

A number of institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its position in shares of JMP Group by 25.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,275 shares of the company’s stock worth $174,000 after buying an additional 6,686 shares during the period. Continental Advisors LLC raised its position in shares of JMP Group by 6.3% in the first quarter. Continental Advisors LLC now owns 253,226 shares of the company’s stock worth $1,324,000 after buying an additional 14,900 shares during the period. GSA Capital Partners LLP raised its position in shares of JMP Group by 21.8% in the second quarter. GSA Capital Partners LLP now owns 88,919 shares of the company’s stock worth $483,000 after buying an additional 15,916 shares during the period. Finally, Emerald Acquisition Ltd. acquired a new position in shares of JMP Group during the second quarter worth about $524,000. Institutional investors own 14.60% of the company’s stock.

About JMP Group

JMP Group, Inc is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions, restructuring and other strategic transactions.

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