S&CO Inc. acquired a new stake in FBR & Co. (NASDAQ:FBRC – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 121,498 shares of the financial services provider’s stock, valued at approximately $2,619,000. S&CO Inc. owned approximately 1.71% of FBR & Co. as of its most recent filing with the SEC.
FBR & Co. Price Performance
FBRC opened at $17.55 on Friday. The firm’s 50-day simple moving average is $17.55 and its 200-day simple moving average is $17.55. FBR & Co. has a twelve month low of $10.57 and a twelve month high of $19.53.
FBR & Co. Company Profile
FBR & Co is a U.S.-based capital markets and investment banking firm headquartered in Arlington, Virginia. The company provides a range of financial services including equity and debt underwriting, merger and acquisition advisory, institutional sales and trading, and public finance solutions. Through its equity research team, FBR & Co delivers in-depth analysis and market insights to institutional investors, helping clients navigate complex capital markets and tailor financing strategies to their specific needs.
Since its founding, the firm has built a reputation for its sector-focused approach, with dedicated coverage in aerospace and defense, government services, healthcare, and technology.
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