Gabelli Funds LLC Purchases 212,000 Shares of SuRo Capital Corp. (NASDAQ:SSSS)

Gabelli Funds LLC increased its position in SuRo Capital Corp. (NASDAQ:SSSS - Free Report) by 22.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,164,500 shares of the company's stock after purchasing an additional 212,000 shares during the quarter. Gabelli Funds LLC owned approximately 4.93% of SuRo Capital worth $6,847,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. HB Wealth Management LLC bought a new position in shares of SuRo Capital during the 4th quarter worth approximately $65,000. JPMorgan Chase & Co. lifted its holdings in shares of SuRo Capital by 8,025.0% during the fourth quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company's stock valued at $76,000 after acquiring an additional 12,840 shares during the period. Legato Capital Management LLC acquired a new stake in shares of SuRo Capital in the 4th quarter valued at $82,000. Choreo LLC grew its holdings in shares of SuRo Capital by 16.6% in the 4th quarter. Choreo LLC now owns 19,380 shares of the company's stock worth $117,000 after purchasing an additional 2,764 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of SuRo Capital during the 4th quarter worth about $140,000. Institutional investors and hedge funds own 12.95% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on SSSS shares. Barrington Research reaffirmed an "outperform" rating and set a $8.00 price objective on shares of SuRo Capital in a report on Tuesday, April 8th. Citigroup restated an "outperform" rating on shares of SuRo Capital in a report on Wednesday, March 12th.

SuRo Capital Trading Up 1.0 %

NASDAQ SSSS traded up $0.04 during trading hours on Tuesday, hitting $4.50. The company's stock had a trading volume of 10,686 shares, compared to its average volume of 243,293. The stock has a fifty day moving average of $5.42 and a 200 day moving average of $5.42. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. SuRo Capital Corp. has a twelve month low of $3.52 and a twelve month high of $6.83. The firm has a market capitalization of $106.08 million, a P/E ratio of -2.38 and a beta of 1.61.

About SuRo Capital

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.