S&CO Inc. acquired a new stake in FBR & Co. (NASDAQ:FBRC – Free Report) during the second quarter, HoldingsChannel reports. The fund acquired 121,498 shares of the financial services provider’s stock, valued at approximately $2,619,000.
FBR & Co. Stock Performance
NASDAQ FBRC opened at $17.55 on Friday. FBR & Co. has a 1-year low of $10.57 and a 1-year high of $19.53. The company has a 50 day moving average of $17.55 and a 200-day moving average of $17.55.
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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