Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN – Get Free Report) EVP Joseph Jr. Pooler sold 1,500 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $11.50, for a total transaction of $17,250.00. Following the transaction, the executive vice president owned 60,278 shares of the company’s stock, valued at approximately $693,197. The trade was a 2.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Institutional Financial Markets Price Performance
Shares of COHN stock remained flat at $11.26 during mid-day trading on Friday. 15,420 shares of the stock traded hands, compared to its average volume of 29,659. Institutional Financial Markets, Inc. has a one year low of $9.19 and a one year high of $32.60. The firm has a market cap of $36.37 million, a price-to-earnings ratio of 2.08 and a beta of 1.14. The company has a current ratio of 0.86, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26. The company has a fifty day simple moving average of $12.68 and a 200-day simple moving average of $15.35.
Institutional Financial Markets (NYSEAMERICAN:COHN – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $1.20. The business had revenue of $65.14 million for the quarter, compared to analyst estimates of $40.30 million. Institutional Financial Markets had a net margin of 5.65% and a return on equity of 47.14%. On average, analysts expect that Institutional Financial Markets, Inc. will post 1.9 EPS for the current year.
Institutional Financial Markets Dividend Announcement
Analyst Ratings Changes
COHN has been the subject of several recent analyst reports. Northland Securities began coverage on Institutional Financial Markets in a report on Thursday, July 9th. They issued an “outperform” rating and a $20.00 price target for the company. Zacks Research raised Institutional Financial Markets to a “hold” rating in a report on Friday, July 10th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Institutional Financial Markets has an average rating of “Moderate Buy” and an average price target of $20.00.
Read Our Latest Research Report on COHN
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.
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