Wellington Shields & Co. LLC Has $150,000 Stock Position in SuRo Capital Corp. (NASDAQ:SSSS)

Wellington Shields & Co. LLC trimmed its stake in shares of SuRo Capital Corp. (NASDAQ:SSSS) by 15.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,536 shares of the company’s stock after selling 4,754 shares during the quarter. Wellington Shields & Co. LLC owned 0.11% of SuRo Capital worth $150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SSSS. HB Wealth Management LLC acquired a new stake in SuRo Capital during the fourth quarter valued at approximately $65,000. Legato Capital Management LLC acquired a new position in shares of SuRo Capital in the 4th quarter worth approximately $82,000. Arete Wealth Advisors LLC acquired a new position in shares of SuRo Capital in the 3rd quarter worth approximately $84,000. Choreo LLC boosted its holdings in shares of SuRo Capital by 16.6% in 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 in the last quarter. Finally, Levin Capital Strategies L.P. boosted its holdings in shares of SuRo Capital by 85.5% in the 4th quarter. Levin Capital Strategies L.P. now owns 145,510 shares of the company’s stock worth $856,000 after acquiring an additional 67,049 shares in the last quarter. 12.95% of the stock is owned by institutional investors and hedge funds.

SuRo Capital Stock Up 6.3 %

Shares of SSSS opened at $5.93 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32. The business’s 50 day simple moving average is $5.87 and its 200-day simple moving average is $5.19. SuRo Capital Corp. has a one year low of $3.52 and a one year high of $6.83. The company has a market capitalization of $139.96 million, a P/E ratio of -3.14 and a beta of 1.53.

Analyst Ratings Changes

Several research analysts have recently commented on SSSS shares. Barrington Research reissued an “outperform” rating and issued a $8.00 target price on shares of SuRo Capital in a report on Wednesday. Citigroup reissued an “outperform” rating on shares of SuRo Capital in a report on Wednesday.

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.