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

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) EVP Joseph Jr. Pooler sold 6,113 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $17.15, for a total value of $104,837.95. Following the transaction, the executive vice president directly owned 69,778 shares in the company, valued at $1,196,692.70. This trade represents a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Financial Markets Stock Up 4.2%

Shares of NYSEAMERICAN:COHN opened at $15.41 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.32. Institutional Financial Markets, Inc. has a 52-week low of $6.10 and a 52-week high of $32.60. The company has a 50 day moving average of $17.30 and a two-hundred day moving average of $15.41. The company has a market capitalization of $37.75 million, a price-to-earnings ratio of 3.05 and a beta of 1.31.

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

Institutional Financial Markets Announces Dividend

The company 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 $0.25 dividend. The ex-dividend date is Friday, March 20th. This represents a $1.00 dividend on an annualized basis and a yield of 6.5%. Institutional Financial Markets’s payout ratio is currently 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.