SuRo Capital (NASDAQ:SSSS) Given “Outperform” Rating at Barrington Research

Barrington Research restated their outperform rating on shares of SuRo Capital (NASDAQ:SSSS) in a report issued on Wednesday,Benzinga reports. The brokerage currently has a $8.00 target price on the stock.

Separately, Citigroup reissued an “outperform” rating on shares of SuRo Capital in a report on Wednesday.

SuRo Capital Stock Performance

Shares of NASDAQ SSSS opened at $5.79 on Wednesday. The company’s fifty day moving average price is $5.88 and its 200 day moving average price is $5.17. SuRo Capital has a 1 year low of $3.52 and a 1 year high of $6.83. The company has a market capitalization of $136.66 million, a PE ratio of -3.06 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32.

Hedge Funds Weigh In On SuRo Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Thomas J. Herzfeld Advisors Inc. lifted its holdings in SuRo Capital by 24.7% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company’s stock valued at $7,982,000 after purchasing an additional 268,899 shares in the last quarter. Gabelli Funds LLC lifted its holdings in SuRo Capital by 22.3% during the fourth quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock valued at $6,847,000 after purchasing an additional 212,000 shares in the last quarter. J. Goldman & Co LP purchased a new position in SuRo Capital during the fourth quarter valued at $3,592,000. Gamco Investors INC. ET AL lifted its holdings in SuRo Capital by 5.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 210,750 shares of the company’s stock valued at $1,239,000 after purchasing an additional 11,750 shares in the last quarter. Finally, Levin Capital Strategies L.P. lifted its holdings in SuRo Capital by 85.5% during the fourth quarter. Levin Capital Strategies L.P. now owns 145,510 shares of the company’s stock valued at $856,000 after purchasing an additional 67,049 shares in the last quarter. 12.95% of the stock is owned by hedge funds and other institutional investors.

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.