US Bancorp DE Has $824,000 Stake in Runway Growth Finance Corp. (NASDAQ:RWAY)

US Bancorp DE cut its position in Runway Growth Finance Corp. (NASDAQ:RWAY) by 37.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,217 shares of the company’s stock after selling 44,445 shares during the quarter. US Bancorp DE owned 0.20% of Runway Growth Finance worth $824,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its holdings in shares of Runway Growth Finance by 53.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 74,832 shares of the company’s stock valued at $820,000 after purchasing an additional 26,093 shares in the last quarter. HTLF Bank grew its position in Runway Growth Finance by 135.7% in the fourth quarter. HTLF Bank now owns 88,720 shares of the company’s stock valued at $972,000 after acquiring an additional 51,071 shares during the last quarter. Round Rock Advisors LLC acquired a new position in Runway Growth Finance during the fourth quarter worth about $386,000. Perigon Wealth Management LLC bought a new position in shares of Runway Growth Finance in the fourth quarter worth about $114,000. Finally, Confluence Investment Management LLC acquired a new stake in shares of Runway Growth Finance in the 4th quarter valued at approximately $916,000. Institutional investors and hedge funds own 64.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on RWAY shares. Wells Fargo & Company increased their price objective on shares of Runway Growth Finance from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. increased their price target on Runway Growth Finance from $10.50 to $11.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.04.

Runway Growth Finance Trading Down 1.8 %

Shares of NASDAQ RWAY opened at $11.13 on Tuesday. The stock has a market cap of $415.67 million, a P/E ratio of 10.70 and a beta of 0.59. The firm has a 50 day moving average price of $11.33 and a two-hundred day moving average price of $10.75. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.36 and a current ratio of 0.36. Runway Growth Finance Corp. has a 52-week low of $9.87 and a 52-week high of $13.50.

Runway Growth Finance Company Profile

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors.