Joseph Jr. Pooler Sells 705 Shares of Institutional Financial Markets (NYSEAMERICAN:COHN) Stock

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

Institutional Financial Markets Price Performance

Shares of COHN opened at $15.41 on Wednesday. Institutional Financial Markets, Inc. has a twelve month low of $6.10 and a twelve month high of $32.60. The company has a market capitalization of $37.75 million, a P/E ratio of 3.05 and a beta of 1.31. The firm has a 50 day moving average of $17.30 and a 200 day moving average of $15.41. 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 (NYSEAMERICAN:COHN) last released its quarterly earnings data on Friday, March 6th. The financial services provider reported $2.97 earnings per share (EPS) for the quarter. Institutional Financial Markets had a return on equity of 43.35% and a net margin of 5.24%.The business had revenue of $96.20 million for the quarter.

Institutional Financial Markets Dividend Announcement

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