Carlson Capital L.P. Sells 600,678 Shares of SWK Holdings Co. (NASDAQ:SWKH)

Carlson Capital L.P. reduced its position in SWK Holdings Co. (NASDAQ:SWKH) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,493,088 shares of the company’s stock after selling 600,678 shares during the period. SWK makes up 79.3% of Carlson Capital L.P.’s investment portfolio, making the stock its largest holding. Carlson Capital L.P. owned about 0.69% of SWK worth $134,700,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SWKH. SkyView Investment Advisors LLC increased its holdings in SWK by 2.1% during the 3rd quarter. SkyView Investment Advisors LLC now owns 31,815 shares of the company’s stock worth $550,000 after purchasing an additional 650 shares in the last quarter. Grace & White Inc. NY boosted its position in shares of SWK by 11.1% during the fourth quarter. Grace & White Inc. NY now owns 18,721 shares of the company’s stock valued at $297,000 after buying an additional 1,871 shares during the last quarter. Barclays PLC grew its stake in shares of SWK by 185.0% in the 3rd quarter. Barclays PLC now owns 4,461 shares of the company’s stock worth $77,000 after acquiring an additional 2,896 shares in the last quarter. JPMorgan Chase & Co. grew its position in SWK by 224.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,108 shares of the company’s stock worth $106,000 after purchasing an additional 4,225 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in SWK in the 3rd quarter valued at about $589,000. Institutional investors and hedge funds own 99.27% of the company’s stock.

SWK Stock Performance

Shares of SWKH opened at $17.13 on Thursday. The stock has a 50 day moving average of $16.40 and a 200 day moving average of $16.61. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.11. SWK Holdings Co. has a 12 month low of $15.14 and a 12 month high of $18.49. The company has a market capitalization of $209.55 million, a price-to-earnings ratio of 18.42 and a beta of 0.37.

SWK Profile

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.