JMP Group LLC (NYSE:JMP) Director Thomas Rowe Wright purchased 12,500 shares of JMP Group stock in a transaction dated Tuesday, November 28th. The shares were bought at an average price of $5.33 per share, with a total value of $66,625.00. Following the completion of the transaction, the director now owns 363,636 shares in the company, valued at approximately $1,938,179.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

JMP Group LLC (JMP) traded up $0.06 during mid-day trading on Wednesday, hitting $5.31. 42,300 shares of the stock were exchanged, compared to its average volume of 38,655. JMP Group LLC has a 52 week low of $5.20 and a 52 week high of $7.70. The company has a debt-to-equity ratio of 7.31, a quick ratio of 3.25 and a current ratio of 3.25. The firm has a market cap of $118.60, a P/E ratio of 32.47, a price-to-earnings-growth ratio of 1.10 and a beta of 0.92.

JMP Group (NYSE:JMP) last posted its quarterly earnings results on Wednesday, November 1st. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.04. JMP Group had a negative net margin of 11.87% and a positive return on equity of 2.90%. The company had revenue of $32.03 million during the quarter, compared to the consensus estimate of $29.90 million. equities research analysts expect that JMP Group LLC will post 0.5 earnings per share for the current year.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 15th. Investors of record on Tuesday, October 31st were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $0.36 annualized dividend and a dividend yield of 6.78%. JMP Group’s dividend payout ratio is currently -57.14%.

Several institutional investors have recently modified their holdings of the stock. Continental Advisors LLC raised its position in shares of JMP Group by 12.2% during the 3rd quarter. Continental Advisors LLC now owns 295,326 shares of the financial services provider’s stock worth $1,660,000 after purchasing an additional 32,000 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of JMP Group by 1.2% during the 1st quarter. Renaissance Technologies LLC now owns 57,060 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 685 shares during the last quarter. Finally, Essex Investment Management Co. LLC raised its position in shares of JMP Group by 149.2% during the 3rd quarter. Essex Investment Management Co. LLC now owns 48,695 shares of the financial services provider’s stock worth $274,000 after purchasing an additional 29,158 shares during the last quarter. Hedge funds and other institutional investors own 12.99% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of JMP Group from a “strong sell” rating to a “buy” rating and set a $6.00 price target for the company in a research report on Thursday, November 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $6.00 price target on shares of JMP Group in a research report on Friday, November 3rd.

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JMP Group Company Profile

JMP Group LLC, formerly JMP Group, Inc, is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions, restructuring and other strategic transactions.

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