SuRo Capital Corp. (NASDAQ:SSSS) Shares Sold by MGO One Seven LLC

MGO One Seven LLC cut its stake in shares of SuRo Capital Corp. (NASDAQ:SSSS) by 4.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 271,765 shares of the company’s stock after selling 12,408 shares during the quarter. MGO One Seven LLC owned 1.15% of SuRo Capital worth $1,598,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Marshall Wace LLP purchased a new stake in shares of SuRo Capital during the fourth quarter valued at $461,000. Gamco Investors INC. ET AL raised its holdings in SuRo Capital by 5.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 210,750 shares of the company’s stock worth $1,239,000 after buying an additional 11,750 shares during the period. Gabelli Funds LLC lifted its stake in SuRo Capital by 22.3% during the fourth quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock valued at $6,847,000 after buying an additional 212,000 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of SuRo Capital in the fourth quarter worth about $140,000. Finally, Riverwater Partners LLC purchased a new position in shares of SuRo Capital in the fourth quarter worth approximately $285,000. 12.95% of the stock is currently owned by institutional investors and hedge funds.

SuRo Capital Price Performance

Shares of SSSS opened at $4.61 on Friday. The business’s 50-day moving average is $5.32 and its 200-day moving average is $5.41. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32. The company has a market capitalization of $108.57 million, a price-to-earnings ratio of -2.44 and a beta of 1.61. SuRo Capital Corp. has a fifty-two week low of $3.52 and a fifty-two week high of $6.83.

Analyst Ratings Changes

Several brokerages recently commented on SSSS. Citigroup restated an “outperform” rating on shares of SuRo Capital in a research report on Wednesday, March 12th. Barrington Research reaffirmed an “outperform” rating and issued a $8.00 target price on shares of SuRo Capital in a research report on Tuesday, April 8th.

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.