Renaissance Technologies LLC Acquires Shares of 15,300 Cohen & Company Inc. (NYSEAMERICAN:COHN)

Renaissance Technologies LLC bought a new position in shares of Cohen & Company Inc. (NYSEAMERICAN:COHN) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,300 shares of the financial services provider’s stock, valued at approximately $136,000.

Cohen & Company Inc. Stock Performance

Shares of NYSEAMERICAN COHN opened at $8.65 on Monday. The stock has a market capitalization of $16.87 million, a price-to-earnings ratio of 3.46 and a beta of 1.21. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.98 and a current ratio of 0.98. Cohen & Company Inc. has a twelve month low of $5.62 and a twelve month high of $12.82.

Cohen & Company Inc. (NYSEAMERICAN:COHN) last issued its quarterly earnings results on Monday, August 5th. The financial services provider reported ($1.51) earnings per share (EPS) for the quarter. The firm had revenue of $10.80 million for the quarter. Cohen & Company Inc. had a negative return on equity of 1.98% and a net margin of 4.69%.

Cohen & Company Inc. Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Thursday, August 22nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 11.56%. The ex-dividend date was Thursday, August 22nd. Cohen & Company Inc.’s dividend payout ratio (DPR) is currently 40.00%.

About Cohen & Company Inc.

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.