B. Riley Financial (NASDAQ:RILY) Stock Price Down 5.9%

B. Riley Financial, Inc. (NASDAQ:RILY - Get Free Report)'s stock price was down 5.9% during mid-day trading on Monday . The company traded as low as $34.31 and last traded at $34.66. Approximately 217,665 shares changed hands during trading, a decline of 85% from the average daily volume of 1,449,785 shares. The stock had previously closed at $36.82.

B. Riley Financial Stock Up 4.7 %

The company has a debt-to-equity ratio of 14.33, a quick ratio of 4.88 and a current ratio of 4.88. The company has a market capitalization of $1.17 billion, a PE ratio of -13.29 and a beta of 1.56. The company's fifty day moving average is $20.92 and its 200-day moving average is $23.58.

B. Riley Financial (NASDAQ:RILY - Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The asset manager reported ($1.86) EPS for the quarter. B. Riley Financial had a negative net margin of 4.75% and a negative return on equity of 8.40%. The firm had revenue of $346.51 million for the quarter.

B. Riley Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Monday, March 11th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.19%. The ex-dividend date of this dividend was Friday, March 8th. B. Riley Financial's dividend payout ratio (DPR) is -71.68%.

Institutional Trading of B. Riley Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in RILY. LexAurum Advisors LLC purchased a new stake in B. Riley Financial during the 1st quarter valued at approximately $608,000. Ridgewood Investments LLC boosted its position in shares of B. Riley Financial by 33.3% during the first quarter. Ridgewood Investments LLC now owns 19,489 shares of the asset manager's stock worth $413,000 after acquiring an additional 4,866 shares during the last quarter. Quadrature Capital Ltd purchased a new position in B. Riley Financial during the fourth quarter valued at $1,001,000. B. Riley Wealth Advisors Inc. grew its stake in B. Riley Financial by 97.3% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 45,050 shares of the asset manager's stock valued at $946,000 after acquiring an additional 22,219 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in B. Riley Financial in the 4th quarter valued at $713,000. Institutional investors own 50.20% of the company's stock.

B. Riley Financial Company Profile

B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.