Dynamic Advisor Solutions LLC Invests $378,000 in SWK Holdings Corp. (NASDAQ:SWKH)

Dynamic Advisor Solutions LLC purchased a new stake in SWK Holdings Corp. (NASDAQ:SWKH - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,727 shares of the company's stock, valued at approximately $378,000. Dynamic Advisor Solutions LLC owned approximately 0.18% of SWK as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in SWK by 102.2% in 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 in the last quarter. Rangeley Capital LLC acquired a new position in shares of SWK during the fourth quarter valued at about $692,000. Renaissance Technologies LLC raised its position in shares of SWK by 3.7% during the fourth quarter. Renaissance Technologies LLC now owns 28,883 shares of the company's stock valued at $458,000 after buying an additional 1,036 shares during the last quarter. Dimensional Fund Advisors LP raised its position in SWK by 7.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 46,469 shares of the company's stock worth $737,000 after purchasing an additional 3,317 shares in the last quarter. Finally, M3F Inc. raised its position in SWK by 2.5% in the fourth quarter. M3F Inc. now owns 800,151 shares of the company's stock worth $12,690,000 after purchasing an additional 19,279 shares in the last quarter. 99.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Maxim Group decreased their price objective on shares of SWK from $21.00 to $18.00 and set a "buy" rating on the stock in a research note on Monday, May 19th. Wall Street Zen cut shares of SWK from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

SWK Trading Up 3.3%

SWKH traded up $0.47 during mid-day trading on Monday, hitting $14.68. The stock had a trading volume of 10,650 shares, compared to its average volume of 13,378. The stock's fifty day simple moving average is $14.76 and its 200-day simple moving average is $15.95. The company has a debt-to-equity ratio of 0.11, a current ratio of 11.30 and a quick ratio of 11.30. The firm has a market capitalization of $180.12 million, a price-to-earnings ratio of 9.92 and a beta of 0.15. SWK Holdings Corp. has a 1-year low of $13.17 and a 1-year high of $20.49.

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 analysts' consensus estimates 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 for the quarter.

SWK Dividend Announcement

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

About SWK

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.