Rangeley Capital LLC Invests $147,000 in SuRo Capital Corp. (NASDAQ:SSSS)

Rangeley Capital LLC bought a new stake in shares of SuRo Capital Corp. (NASDAQ:SSSS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $147,000.

Other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC purchased a new stake in shares of SuRo Capital during the 4th quarter valued at $65,000. JPMorgan Chase & Co. boosted its holdings in SuRo Capital by 8,025.0% in the fourth quarter. JPMorgan Chase & Co. now owns 13,000 shares of the company’s stock worth $76,000 after acquiring an additional 12,840 shares in the last quarter. Legato Capital Management LLC purchased a new stake in shares of SuRo Capital during the fourth quarter worth about $82,000. Arete Wealth Advisors LLC acquired a new position in shares of SuRo Capital during the third quarter valued at about $84,000. Finally, Choreo LLC raised its position in shares of SuRo Capital by 16.6% in the 4th 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 last quarter. 12.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

SSSS has been the topic of a number of recent analyst reports. Barrington Research restated an “outperform” rating and set a $8.00 price target on shares of SuRo Capital in a research note on Wednesday, March 12th. Citigroup reissued an “outperform” rating on shares of SuRo Capital in a report on Wednesday, March 12th.

SuRo Capital Stock Performance

Shares of SSSS stock opened at $5.38 on Thursday. The stock has a market cap of $126.71 million, a PE ratio of -2.85 and a beta of 1.53. SuRo Capital Corp. has a 52-week low of $3.52 and a 52-week high of $6.83. The business has a 50-day simple moving average of $5.75 and a 200-day simple moving average of $5.35. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47.

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.