Marshall Wace LLP Makes New Investment in SuRo Capital Corp. (NASDAQ:SSSS)

Marshall Wace LLP purchased a new position in shares of SuRo Capital Corp. (NASDAQ:SSSS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 78,455 shares of the company's stock, valued at approximately $461,000. Marshall Wace LLP owned approximately 0.33% of SuRo Capital as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. HB Wealth Management LLC purchased a new stake in SuRo Capital during the fourth quarter valued at $65,000. JPMorgan Chase & Co. lifted its position in shares of SuRo Capital by 8,025.0% in the 4th quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company's stock worth $76,000 after purchasing 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 worth $82,000. Choreo LLC increased its holdings in shares of SuRo Capital by 16.6% in the fourth quarter. Choreo LLC now owns 19,380 shares of the company's stock valued at $117,000 after purchasing an additional 2,764 shares during the period. Finally, XTX Topco Ltd purchased a new stake in shares of SuRo Capital in the fourth quarter worth about $140,000. 12.95% of the stock is currently owned by hedge funds and other institutional investors.

SuRo Capital Stock Up 2.1 %

Shares of SSSS stock traded up $0.11 on Friday, reaching $5.28. 55,522 shares of the company's stock traded hands, compared to its average volume of 150,269. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. SuRo Capital Corp. has a 12-month low of $3.52 and a 12-month high of $6.83. The business's 50 day moving average price is $5.08 and its two-hundred day moving average price is $5.43. The company has a market capitalization of $124.35 million, a P/E ratio of -2.79 and a beta of 1.62.

SuRo Capital (NASDAQ:SSSS - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.02). SuRo Capital had a negative net margin of 801.00% and a negative return on equity of 7.28%. The business had revenue of $0.50 million for the quarter, compared to the consensus estimate of $1.23 million.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Citigroup reiterated an "outperform" rating on shares of SuRo Capital in a report on Wednesday, March 12th. Barrington Research reissued an "outperform" rating and issued a $8.00 price target on shares of SuRo Capital in a research note on Tuesday, April 8th.

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.