Thomas J. Herzfeld Advisors Inc. raised its stake in shares of SuRo Capital Corp. (NASDAQ:SSSS - Free Report) by 24.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,357,409 shares of the company's stock after acquiring an additional 268,899 shares during the quarter. SuRo Capital makes up 2.6% of Thomas J. Herzfeld Advisors Inc.'s portfolio, making the stock its 6th largest holding. Thomas J. Herzfeld Advisors Inc. owned about 5.75% of SuRo Capital worth $7,982,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in SSSS. HB Wealth Management LLC bought a new position in SuRo Capital during the 4th quarter valued at about $65,000. JPMorgan Chase & Co. raised its stake in shares of SuRo Capital by 8,025.0% in the fourth quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company's stock valued at $76,000 after acquiring an additional 12,840 shares during the last quarter. Legato Capital Management LLC acquired a new position in shares of SuRo Capital in the 4th quarter worth approximately $82,000. Choreo LLC grew its position in SuRo Capital by 16.6% during the 4th quarter. Choreo LLC now owns 19,380 shares of the company's stock worth $117,000 after acquiring an additional 2,764 shares during the last quarter. Finally, Arete Wealth Advisors LLC acquired a new stake in SuRo Capital during the 3rd quarter valued at $84,000. Institutional investors and hedge funds own 12.95% of the company's stock.
Analyst Ratings Changes
Several analysts have recently commented on SSSS shares. Barrington Research restated an "outperform" rating and set a $8.00 target price on shares of SuRo Capital in a report on Wednesday, March 12th. Citigroup reissued an "outperform" rating on shares of SuRo Capital in a report on Wednesday, March 12th.
Get Our Latest Stock Report on SuRo Capital
SuRo Capital Trading Down 6.3 %
SSSS stock traded down $0.31 during trading on Friday, hitting $4.59. The company had a trading volume of 352,831 shares, compared to its average volume of 146,806. The firm has a 50-day moving average price of $5.69 and a 200-day moving average price of $5.36. SuRo Capital Corp. has a 12 month low of $3.52 and a 12 month high of $6.83. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. The stock has a market cap of $108.10 million, a price-to-earnings ratio of -2.43 and a beta of 1.61.
About SuRo Capital
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Free Report)
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.
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