Public Employees Retirement System of Ohio bought a new position in shares of B. Riley Financial, Inc. (NASDAQ:RILY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,456 shares of the asset manager’s stock, valued at approximately $546,000. Public Employees Retirement System of Ohio owned 0.14% of B. Riley Financial as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Susquehanna International Group LLP acquired a new stake in shares of B. Riley Financial during the second quarter worth $280,000. Signia Capital Management LLC acquired a new stake in shares of B. Riley Financial during the second quarter worth $1,642,000. Marshall Wace North America L.P. acquired a new stake in shares of B. Riley Financial during the second quarter worth $550,000. Bowling Portfolio Management LLC acquired a new stake in shares of B. Riley Financial in the 2nd quarter worth about $1,649,000. Finally, Rhumbline Advisers acquired a new stake in shares of B. Riley Financial in the 2nd quarter worth about $298,000. 42.29% of the stock is currently owned by institutional investors.
Shares of B. Riley Financial, Inc. (RILY) opened at $16.50 on Monday. The company has a debt-to-equity ratio of 3.07, a current ratio of 2.97 and a quick ratio of 2.97. B. Riley Financial, Inc. has a twelve month low of $13.55 and a twelve month high of $21.30. The firm has a market cap of $436.71, a PE ratio of 9.59 and a beta of 1.00.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.94%. B. Riley Financial’s dividend payout ratio (DPR) is presently 21.19%.
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B. Riley Financial Profile
B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.
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