Levin Capital Strategies L.P. Acquires 67,049 Shares of SuRo Capital Corp. (NASDAQ:SSSS)

Levin Capital Strategies L.P. grew its stake in shares of SuRo Capital Corp. (NASDAQ:SSSS - Free Report) by 85.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 145,510 shares of the company's stock after acquiring an additional 67,049 shares during the period. Levin Capital Strategies L.P. owned 0.62% of SuRo Capital worth $856,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SSSS. Legato Capital Management LLC acquired a new position in SuRo Capital in the fourth quarter worth about $82,000. Choreo LLC boosted its stake in SuRo Capital by 16.6% in the fourth quarter. Choreo LLC now owns 19,380 shares of the company's stock valued at $117,000 after acquiring an additional 2,764 shares during the last quarter. HB Wealth Management LLC bought a new position in SuRo Capital in the fourth quarter valued at approximately $65,000. Finally, Arete Wealth Advisors LLC acquired a new stake in SuRo Capital in the third quarter worth $84,000. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

SuRo Capital Stock Performance

SuRo Capital stock traded down $0.07 during midday trading on Wednesday, hitting $5.88. The company's stock had a trading volume of 143,978 shares, compared to its average volume of 289,611. The company has a 50-day moving average price of $5.93 and a two-hundred day moving average price of $5.12. The company has a market cap of $138.78 million, a price-to-earnings ratio of -3.11 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32. SuRo Capital Corp. has a 1-year low of $3.52 and a 1-year high of $6.83.

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Wall Street Analysts Forecast Growth

Separately, Barrington Research raised their price objective on shares of SuRo Capital from $6.00 to $8.00 and gave the stock an "outperform" rating in a report on Tuesday, January 21st.

SuRo Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.