Gamco Investors INC. ET AL boosted its holdings in shares of SuRo Capital Corp. (NASDAQ:SSSS – Free Report) by 5.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 210,750 shares of the company’s stock after acquiring an additional 11,750 shares during the quarter. Gamco Investors INC. ET AL’s holdings in SuRo Capital were worth $1,239,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Choreo LLC raised its stake in SuRo Capital by 16.6% in the 4th 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 period. Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of SuRo Capital by 24.7% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company’s stock worth $7,982,000 after buying an additional 268,899 shares during the period. Levin Capital Strategies L.P. grew its stake in SuRo Capital by 85.5% in the 4th quarter. Levin Capital Strategies L.P. now owns 145,510 shares of the company’s stock valued at $856,000 after buying an additional 67,049 shares during the last quarter. HB Wealth Management LLC acquired a new position in SuRo Capital in the 4th quarter valued at about $65,000. Finally, Riverwater Partners LLC acquired a new stake in SuRo Capital during the fourth quarter worth approximately $285,000. Institutional investors own 12.95% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the company. Citigroup reiterated an “outperform” rating on shares of SuRo Capital in a research note on Wednesday, March 12th. Barrington Research reiterated an “outperform” rating and set a $8.00 price objective on shares of SuRo Capital in a research report on Tuesday, April 8th.
SuRo Capital Stock Performance
Shares of NASDAQ:SSSS opened at $4.48 on Friday. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. SuRo Capital Corp. has a 12-month low of $3.52 and a 12-month high of $6.83. The company’s 50 day moving average price is $5.45 and its two-hundred day moving average price is $5.39. The firm has a market cap of $105.51 million, a PE ratio of -2.37 and a beta of 1.61.
About SuRo Capital
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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