Cohen & Company Inc. (NYSEAMERICAN:COHN) Trading 0.5% Higher – What’s Next?

Cohen & Company Inc. (NYSEAMERICAN:COHN)’s share price traded up 0.5% during trading on Monday . The stock traded as high as $11.00 and last traded at $10.89. 3,785 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 11,961 shares. The stock had previously closed at $10.83.

Cohen & Company Inc. Stock Performance

The stock has a market cap of $20.90 million, a PE ratio of 2.62 and a beta of 1.30. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.01 and a quick ratio of 1.01.

Cohen & Company Inc. Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 20th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 20th. This represents a $1.00 dividend on an annualized basis and a yield of 9.33%. Cohen & Company Inc.’s payout ratio is currently 24.45%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cohen & Company Inc. stock. Renaissance Technologies LLC bought a new position in Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 15,300 shares of the financial services provider’s stock, valued at approximately $136,000. Renaissance Technologies LLC owned about 0.79% of Cohen & Company Inc. as of its most recent SEC filing. 14.26% of the stock is owned by institutional investors and hedge funds.

Cohen & Company Inc. Company Profile

Cohen & Company Inc is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages separate client-focused fixed income portfolios. Institutional Financial Markets, Inc also manages funds and collateralized debt obligations for its clients.