Choreo LLC Acquires Shares of 15,548 SuRo Capital Corp. (NASDAQ:SSSS)

Choreo LLC bought a new stake in shares of SuRo Capital Corp. (NASDAQ:SSSS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,548 shares of the company’s stock, valued at approximately $62,000. Choreo LLC owned approximately 0.07% of SuRo Capital at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Wellington Shields & Co. LLC grew its stake in shares of SuRo Capital by 35.0% during the first quarter. Wellington Shields & Co. LLC now owns 30,290 shares of the company’s stock valued at $138,000 after acquiring an additional 7,852 shares in the last quarter. Quadrature Capital Ltd acquired a new position in SuRo Capital in the fourth quarter worth about $184,000. Acadian Asset Management LLC acquired a new position in SuRo Capital in the first quarter worth about $311,000. EJF Capital LLC grew its stake in SuRo Capital by 104.2% in the first quarter. EJF Capital LLC now owns 72,711 shares of the company’s stock worth $331,000 after purchasing an additional 37,109 shares in the last quarter. Finally, Bulldog Investors LLP grew its stake in SuRo Capital by 15.1% in the fourth quarter. Bulldog Investors LLP now owns 152,373 shares of the company’s stock worth $600,000 after purchasing an additional 20,011 shares in the last quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Barrington Research reiterated an “outperform” rating and issued a $6.00 price target on shares of SuRo Capital in a research note on Friday, July 12th.

SuRo Capital Stock Performance

Shares of SSSS stock opened at $3.95 on Friday. The company has a quick ratio of 27.02, a current ratio of 27.02 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average of $3.90 and a two-hundred day moving average of $4.03. SuRo Capital Corp. has a 52 week low of $3.32 and a 52 week high of $4.72. The company has a market cap of $92.24 million, a P/E ratio of -4.82 and a beta of 1.66.

SuRo Capital (NASDAQ:SSSS) last issued its earnings results on Wednesday, August 7th. The company reported ($0.15) EPS for the quarter. SuRo Capital had a negative net margin of 256.84% and a negative return on equity of 6.47%. The company had revenue of $1.03 million during the quarter.

Insider Buying and Selling at SuRo Capital

In related news, CEO Mark D. Klein bought 12,000 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was bought at an average cost of $3.84 per share, for a total transaction of $46,080.00. Following the completion of the purchase, the chief executive officer now directly owns 1,088,666 shares in the company, valued at approximately $4,180,477.44. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.97% of the stock is currently owned by insiders.

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.