Rangeley Capital LLC Acquires Shares of 43,662 SWK Holdings Co. (NASDAQ:SWKH)

Rangeley Capital LLC purchased a new position in shares of SWK Holdings Co. (NASDAQ:SWKH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 43,662 shares of the company's stock, valued at approximately $692,000. Rangeley Capital LLC owned approximately 0.36% of SWK as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in SWKH. JPMorgan Chase & Co. boosted its stake in shares of SWK by 102.2% during the 4th quarter. JPMorgan Chase & Co. now owns 12,350 shares of the company's stock worth $196,000 after purchasing an additional 6,242 shares during the last quarter. Barclays PLC grew its position in shares of SWK by 185.0% in the third quarter. Barclays PLC now owns 4,461 shares of the company's stock valued at $77,000 after purchasing an additional 2,896 shares during the period. Grace & White Inc. NY grew its position in shares of SWK by 11.1% in the fourth quarter. Grace & White Inc. NY now owns 18,721 shares of the company's stock valued at $297,000 after purchasing an additional 1,871 shares during the period. Finally, SkyView Investment Advisors LLC grew its holdings in SWK by 2.1% in the 3rd quarter. SkyView Investment Advisors LLC now owns 31,815 shares of the company's stock valued at $550,000 after buying an additional 650 shares during the period. 99.27% of the stock is owned by institutional investors and hedge funds.

SWK Trading Down 0.1 %

Shares of SWKH stock traded down $0.02 during trading hours on Tuesday, hitting $16.55. 5,194 shares of the company were exchanged, compared to its average volume of 9,761. SWK Holdings Co. has a 1 year low of $15.14 and a 1 year high of $18.09. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.11. The firm has a fifty day moving average of $16.77 and a 200 day moving average of $16.54. The firm has a market cap of $202.79 million, a PE ratio of 17.80 and a beta of 0.22.

SWK (NASDAQ:SWKH - Get Free Report) last issued its earnings results on Wednesday, March 19th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.40). The company had revenue of $12.36 million during the quarter, compared to analysts' expectations of $9.70 million. SWK had a return on equity of 5.07% and a net margin of 26.51%.

About SWK

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.