SuRo Capital Corp. (NASDAQ:SSSS) Stake Boosted by Thomas J. Herzfeld Advisors Inc.

Thomas J. Herzfeld Advisors Inc. boosted its position in shares of SuRo Capital Corp. (NASDAQ:SSSS) by 24.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,357,409 shares of the company’s stock after acquiring an additional 268,899 shares during the quarter. SuRo Capital accounts for 2.6% of Thomas J. Herzfeld Advisors Inc.’s portfolio, making the stock its 6th biggest holding. Thomas J. Herzfeld Advisors Inc. owned 0.06% of SuRo Capital worth $7,982,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC bought a new stake in shares of SuRo Capital during the 4th quarter valued at about $65,000. JPMorgan Chase & Co. boosted its holdings 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 worth $76,000 after buying an additional 12,840 shares during the last quarter. Legato Capital Management LLC bought a new stake in SuRo Capital during the fourth quarter valued at approximately $82,000. Choreo LLC increased its holdings in SuRo Capital by 16.6% during the fourth quarter. Choreo LLC now owns 19,380 shares of the company’s stock valued at $117,000 after buying an additional 2,764 shares during the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in SuRo Capital in the third quarter worth approximately $84,000. Institutional investors own 12.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barrington Research reissued an “outperform” rating and set a $8.00 price objective on shares of SuRo Capital in a research report on Wednesday, March 12th. Citigroup restated an “outperform” rating on shares of SuRo Capital in a research report on Wednesday, March 12th.

SuRo Capital Stock Performance

SSSS opened at $4.97 on Tuesday. The company has a 50 day simple moving average of $5.80 and a two-hundred day simple moving average of $5.34. 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 firm has a market cap of $117.05 million, a P/E ratio of -2.63 and a beta of 1.53. SuRo Capital Corp. has a 1-year low of $3.52 and a 1-year high of $6.83.

SuRo Capital 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.