Quadrature Capital Ltd Makes New Investment in SuRo Capital Corp. (NASDAQ:SSSS)

Quadrature Capital Ltd purchased a new position in SuRo Capital Corp. (NASDAQ:SSSS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 46,821 shares of the company’s stock, valued at approximately $184,000. Quadrature Capital Ltd owned about 0.18% of SuRo Capital as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Gabelli Funds LLC increased its position in shares of SuRo Capital by 125.0% in the fourth quarter. Gabelli Funds LLC now owns 202,500 shares of the company’s stock valued at $798,000 after acquiring an additional 112,500 shares during the period. Bulldog Investors LLP increased its position in shares of SuRo Capital by 15.1% in the fourth quarter. Bulldog Investors LLP now owns 152,373 shares of the company’s stock valued at $600,000 after acquiring an additional 20,011 shares during the period. Deuterium Capital Management LLC increased its position in shares of SuRo Capital by 13.5% during the fourth quarter. Deuterium Capital Management LLC now owns 41,965 shares of the company’s stock valued at $165,000 after buying an additional 5,000 shares during the period. Acadian Asset Management LLC increased its position in shares of SuRo Capital by 433.8% during the third quarter. Acadian Asset Management LLC now owns 39,648 shares of the company’s stock valued at $142,000 after buying an additional 32,221 shares during the period. Finally, EJF Capital LLC increased its position in shares of SuRo Capital by 18.7% during the third quarter. EJF Capital LLC now owns 35,602 shares of the company’s stock valued at $129,000 after buying an additional 5,602 shares during the period. 12.95% of the stock is owned by institutional investors.

SuRo Capital Stock Down 0.3 %

Shares of SuRo Capital stock opened at $3.95 on Friday. The company has a market cap of $92.23 million, a price-to-earnings ratio of -4.82 and a beta of 1.64. The company’s 50 day moving average is $4.00 and its 200 day moving average is $4.06. SuRo Capital Corp. has a twelve month low of $3.10 and a twelve month high of $4.72. The company has a quick ratio of 39.54, a current ratio of 39.54 and a debt-to-equity ratio of 0.41.

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

Wall Street Analyst Weigh In

SSSS has been the topic of a number of recent research reports. JMP Securities upped their price objective on shares of 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 restated an “outperform” rating and issued a $6.00 price objective on shares of SuRo Capital in a report on Tuesday, May 28th.

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.