SWK Holdings Co. (NASDAQ:SWKH) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in SWK Holdings Co. (NASDAQ:SWKH) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,883 shares of the company’s stock after purchasing an additional 1,036 shares during the quarter. Renaissance Technologies LLC owned about 0.24% of SWK worth $458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SWKH. Barclays PLC raised its position in shares of SWK by 185.0% in the third quarter. Barclays PLC now owns 4,461 shares of the company’s stock valued at $77,000 after buying an additional 2,896 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SWK by 224.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,108 shares of the company’s stock valued at $106,000 after acquiring an additional 4,225 shares during the last quarter. Grace & White Inc. NY lifted its stake in SWK by 11.1% in the 4th quarter. Grace & White Inc. NY now owns 18,721 shares of the company’s stock worth $297,000 after purchasing an additional 1,871 shares in the last quarter. Finally, Rangeley Capital LLC acquired a new position in shares of SWK during the 4th quarter worth approximately $692,000. Hedge funds and other institutional investors own 99.27% of the company’s stock.

SWK Price Performance

NASDAQ:SWKH opened at $13.35 on Friday. SWK Holdings Co. has a one year low of $13.17 and a one year high of $20.49. The stock has a market cap of $163.58 million, a PE ratio of 14.35 and a beta of 0.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 5.06 and a current ratio of 5.06. The stock has a 50 day moving average price of $16.72 and a 200 day moving average price of $16.48.

SWK (NASDAQ:SWKH) last issued its earnings results on Wednesday, March 19th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.40). SWK had a return on equity of 5.07% and a net margin of 26.51%. The company had revenue of $12.36 million during the quarter, compared to analyst estimates of $9.70 million.

SWK Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, May 8th. Stockholders of record on Thursday, April 24th will be issued a dividend of $4.00 per share. The ex-dividend date is Thursday, April 24th.

SWK Company Profile

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.