According to Zacks, “FBR & Co. provides investment banking, merger and acquisition advisory, institutional brokerage, and research services through its subsidiary FBR Capital Markets & Co. FBR focuses capital and financial expertise on the following industry sectors: consumer; diversified industrials; energy & natural resources; financial institutions; healthcare; insurance; real estate; and technology, media & telecom. “
Separately, TheStreet downgraded shares of FBR & Co from a hold rating to a sell rating in a research report on Wednesday, August 17th.
Shares of FBR & Co (NASDAQ:FBRC) opened at 13.71 on Monday. The firm’s 50-day moving average price is $13.89 and its 200 day moving average price is $16.67. The firm’s market cap is $94.96 million. FBR & Co has a 52 week low of $13.09 and a 52 week high of $22.37.
FBR & Co (NASDAQ:FBRC) last announced its quarterly earnings data on Thursday, July 14th. The company reported ($1.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $1.19. FBR & Co had a negative return on equity of 10.74% and a negative net margin of 23.07%. The firm had revenue of $20.90 million for the quarter. Equities analysts anticipate that FBR & Co will post ($1.45) EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 26th. Stockholders of record on Friday, July 29th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.84%. The ex-dividend date was Wednesday, July 27th. FBR & Co’s dividend payout ratio is currently -28.37%.
Large investors have recently modified their holdings of the stock. Boston Partners increased its stake in shares of FBR & Co by 14.1% in the second quarter. Boston Partners now owns 605,712 shares of the company’s stock valued at $9,043,000 after buying an additional 74,910 shares in the last quarter. PEAK6 Investments L.P. increased its stake in shares of FBR & Co by 9.4% in the second quarter. PEAK6 Investments L.P. now owns 356,191 shares of the company’s stock valued at $5,318,000 after buying an additional 30,610 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of FBR & Co by 16.5% in the second quarter. Vanguard Group Inc. now owns 290,886 shares of the company’s stock valued at $4,343,000 after buying an additional 41,094 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of FBR & Co by 19.6% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 285,439 shares of the company’s stock valued at $4,262,000 after buying an additional 46,781 shares in the last quarter. Finally, Pax World Management LLC boosted its stake in FBR & Co by 4.8% in the second quarter. Pax World Management LLC now owns 260,832 shares of the company’s stock valued at $3,894,000 after buying an additional 11,985 shares during the last quarter. 72.88% of the stock is currently owned by institutional investors.
About FBR & Co
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for FBR & Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FBR & Co and related companies with MarketBeat.com's FREE daily email newsletter.