JMP Group LLC (NYSE:JMP) is expected to pay $0.03 on Dec 15, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on JMP Group LLC’s current price of $6.12, the dividend is 0.49%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 20, 2016. The stock increased 0.82% or $0.05 on November 25, hitting $6.12. About 13,953 shares traded hands. JMP Group Inc. (NYSE:JMP) has risen 17.92% since April 25, 2016 and is uptrending. It has outperformed by 11.91% the S&P500.
JMP Group, Inc. is a full-service investment banking and asset management firm. The company has a market cap of $129.28 million. The Firm operates in five divisions: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. It has a 142.42 P/E ratio. 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.
Insitutional Activity: The institutional sentiment increased to 1.57 in 2016 Q2. Its up 0.19, from 1.38 in 2016Q1. The ratio improved, as 3 funds sold all JMP Group Inc. shares owned while 5 reduced positions. 5 funds bought stakes while 6 increased positions. They now own 2.92 million shares or 20.15% less from 3.66 million shares in 2016Q1.
Moreover, Arbiter Prtnrs Cap Management Limited Liability has 0.01% invested in JMP Group Inc. (NYSE:JMP) for 20,200 shares. The New York-based Goldman Sachs Gru has invested 0% in JMP Group Inc. (NYSE:JMP). Royal Savings Bank Of Canada accumulated 0% or 41,762 shares. Renaissance Techs Limited Liability reported 19,063 shares or 0% of all its holdings. Greenwich Wealth Management Ltd Llc reported 15,100 shares or 0.22% of all its holdings. Fmr Limited owns 496,200 shares or 0% of their US portfolio. Hilltop Inc holds 0.08% or 47,900 shares in its portfolio. Geduld E E reported 35,000 shares or 0.25% of all its holdings. Jpmorgan Chase & Com, a New York-based fund reported 10,784 shares. Continental Advsr Ltd Limited Liability Company accumulated 253,826 shares or 0.42% of the stock. Westend Capital Management Ltd Liability has 0.15% invested in the company for 19,539 shares. Wells Fargo Mn holds 0% or 1 shares in its portfolio. Brown Advisory Incorporated has 0% invested in the company for 15,000 shares. Price T Rowe Assocs Md accumulated 0% or 1.05 million shares. Deutsche Comml Bank Ag accumulated 0% or 19,763 shares.
JMP Group Inc. (NYSE:JMP) Ratings Coverage
Out of 4 analysts covering JMP Group (NYSE:JMP), 2 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 50% are positive. JMP Group has been the topic of 5 analyst reports since September 2, 2015 according to StockzIntelligence Inc. As per Friday, December 11, the company rating was downgraded by Keefe Bruyette & Woods. Barrington Research maintained it with “Outperform” rating and $8 target price in Monday, October 26 report. The stock has “Sell” rating given by TheStreet on Wednesday, September 2. The rating was maintained by Wood on Wednesday, October 7 with “Outperform”.
JMP Company Profile
JMP Group, Inc., incorporated on July 26, 2004, is a full-service investment banking and asset management firm. The Firm operates in five divisions: 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 (M&A), restructuring and other strategic transactions. The Asset Management segment includes the management of a range of pooled investment vehicles, including the Company’s hedge funds, hedge funds of funds. The Corporate Credit segment includes the management of collateralized loan obligations and small business loans. The Investment Income segment includes income from the Company’s principal investments in public and private securities, as well as any other net interest and income from investing activities. The Corporate Costs segment includes expenses related to JMP Group Inc., the holding company, and JMP Group LLC, and comprises corporate overhead expenses and interest expense related to the Company’s credit facility with City National Bank.
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