Quadrature Capital Ltd Invests $78,000 in Sachem Capital Corp. (NYSEAMERICAN:SACH)

Quadrature Capital Ltd purchased a new position in Sachem Capital Corp. (NYSEAMERICAN:SACH) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,903 shares of the company’s stock, valued at approximately $78,000.

Several other large investors have also recently made changes to their positions in the stock. Citigroup Inc. acquired a new position in Sachem Capital during the 3rd quarter valued at about $706,000. Jump Financial LLC increased its position in Sachem Capital by 112.2% during the 4th quarter. Jump Financial LLC now owns 75,628 shares of the company’s stock valued at $283,000 after buying an additional 39,984 shares in the last quarter. US Financial Advisors LLC increased its position in Sachem Capital by 9.9% during the 4th quarter. US Financial Advisors LLC now owns 362,188 shares of the company’s stock valued at $1,355,000 after buying an additional 32,618 shares in the last quarter. Barclays PLC acquired a new position in Sachem Capital during the 3rd quarter valued at about $86,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Sachem Capital during the 4th quarter valued at about $53,000. 18.07% of the stock is owned by institutional investors.

Sachem Capital Stock Performance

NYSEAMERICAN:SACH opened at $2.59 on Friday. Sachem Capital Corp. has a one year low of $2.53 and a one year high of $4.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market capitalization of $122.90 million, a PE ratio of 9.96, a PEG ratio of 0.14 and a beta of 1.74. The firm has a 50 day moving average of $3.68.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SACH shares. Alliance Global Partners started coverage on Sachem Capital in a report on Monday, March 18th. They issued a “buy” rating and a $4.50 price objective on the stock. Oppenheimer cut their price objective on Sachem Capital from $5.00 to $4.50 and set an “outperform” rating on the stock in a report on Monday, May 20th.

Sachem Capital Profile

Sachem Capital Corp. operates as a real estate finance company in the United States. The company engages in the originating, underwriting, funding, servicing, and managing a portfolio of short-term loans secured by first mortgage liens on real property. It offers short term loans to real estate investors or developers to fund its acquisition, renovation, rehabilitation, development, and/or improvement of residential or commercial properties.