Dynamic Advisor Solutions LLC Purchases New Holdings in SWK Holdings Corp. (NASDAQ:SWKH)

Dynamic Advisor Solutions LLC bought a new stake in SWK Holdings Corp. (NASDAQ:SWKH - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,727 shares of the company's stock, valued at approximately $378,000. Dynamic Advisor Solutions LLC owned approximately 0.18% of SWK at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC boosted its position in SWK by 2,955.0% during the 1st quarter. GAMMA Investing LLC now owns 3,391 shares of the company's stock valued at $59,000 after buying an additional 3,280 shares during the period. Rhumbline Advisers raised its stake in shares of SWK by 13.3% during the first quarter. Rhumbline Advisers now owns 5,690 shares of the company's stock valued at $99,000 after acquiring an additional 666 shares during the last quarter. State of Wyoming boosted its holdings in shares of SWK by 42.5% during the fourth quarter. State of Wyoming now owns 7,374 shares of the company's stock worth $117,000 after purchasing an additional 2,200 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of SWK by 102.2% during the fourth quarter. JPMorgan Chase & Co. now owns 12,350 shares of the company's stock worth $196,000 after purchasing an additional 6,242 shares during the period. Finally, Millennium Management LLC bought a new stake in shares of SWK in the fourth quarter worth about $235,000. 99.27% of the stock is currently owned by institutional investors.

SWK Trading Down 2.5%

Shares of NASDAQ:SWKH traded down $0.36 on Friday, hitting $14.21. The company had a trading volume of 62,180 shares, compared to its average volume of 14,038. SWK Holdings Corp. has a 1 year low of $13.17 and a 1 year high of $20.49. The company has a quick ratio of 11.30, a current ratio of 11.30 and a debt-to-equity ratio of 0.11. The firm's 50-day simple moving average is $14.90 and its two-hundred day simple moving average is $15.97. The firm has a market capitalization of $174.36 million, a price-to-earnings ratio of 9.60 and a beta of 0.15.

SWK (NASDAQ:SWKH - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.29 by $0.37. SWK had a net margin of 39.60% and a return on equity of 8.58%. The business had revenue of $11.83 million during the quarter.

SWK Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, April 24th were paid a $4.00 dividend. The ex-dividend date of this dividend was Thursday, April 24th.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SWKH shares. Maxim Group lowered their price target on SWK from $21.00 to $18.00 and set a "buy" rating for the company in a research report on Monday, May 19th. Wall Street Zen cut SWK from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

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.