Wellington Shields & Co. LLC Has $138,000 Stock Holdings in SuRo Capital Corp. (NASDAQ:SSSS)

Wellington Shields & Co. LLC grew its position in SuRo Capital Corp. (NASDAQ:SSSS) by 35.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,290 shares of the company’s stock after purchasing an additional 7,852 shares during the period. Wellington Shields & Co. LLC owned about 0.13% of SuRo Capital worth $138,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SSSS. Deuterium Capital Management LLC lifted its position in SuRo Capital by 13.5% during the 4th quarter. Deuterium Capital Management LLC now owns 41,965 shares of the company’s stock worth $165,000 after buying an additional 5,000 shares in the last quarter. Byrne Asset Management LLC acquired a new position in SuRo Capital during the 4th quarter worth about $51,000. Bulldog Investors LLP lifted its position in SuRo Capital by 15.1% during the 4th quarter. Bulldog Investors LLP now owns 152,373 shares of the company’s stock worth $600,000 after buying an additional 20,011 shares in the last quarter. Calton & Associates Inc. acquired a new position in SuRo Capital during the 4th quarter worth about $107,000. Finally, Quadrature Capital Ltd acquired a new position in SuRo Capital during the 4th quarter worth about $184,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

SuRo Capital Trading Down 0.8 %

Shares of SSSS stock traded down $0.03 on Wednesday, reaching $3.87. The company had a trading volume of 19,071 shares, compared to its average volume of 76,287. The company has a current ratio of 39.54, a quick ratio of 39.54 and a debt-to-equity ratio of 0.41. The stock has a market cap of $90.38 million, a PE ratio of -4.68 and a beta of 1.66. The company has a 50-day moving average of $4.02 and a 200-day moving average of $4.05. SuRo Capital Corp. has a 12 month low of $3.22 and a 12 month high of $4.72.

SuRo Capital (NASDAQ:SSSS) last announced its quarterly earnings results on Wednesday, May 8th. The company reported ($0.13) EPS for the quarter. The company had revenue of $1.53 million during the quarter. SuRo Capital had a negative net margin of 316.66% and a negative return on equity of 6.35%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. JMP Securities boosted their price objective on SuRo Capital from $5.50 to $6.00 and gave the stock a “market outperform” rating in a report on Tuesday, March 26th. Barrington Research reissued an “outperform” rating and set a $6.00 price objective on shares of SuRo Capital in a report on Tuesday, May 28th.

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.