Dimensional Fund Advisors LP Has $737,000 Position in SWK Holdings Co. (NASDAQ:SWKH)

Dimensional Fund Advisors LP lifted its stake in shares of SWK Holdings Co. (NASDAQ:SWKH) by 7.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,469 shares of the company’s stock after purchasing an additional 3,317 shares during the quarter. Dimensional Fund Advisors LP owned about 0.38% of SWK worth $737,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SWKH. Barclays PLC boosted its position in shares of SWK by 185.0% during the 3rd quarter. Barclays PLC now owns 4,461 shares of the company’s stock worth $77,000 after purchasing an additional 2,896 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of SWK by 224.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,108 shares of the company’s stock worth $106,000 after buying an additional 4,225 shares in the last quarter. Grace & White Inc. NY lifted its position in shares of SWK by 11.1% during the 4th quarter. Grace & White Inc. NY now owns 18,721 shares of the company’s stock worth $297,000 after buying an additional 1,871 shares in the last quarter. Rangeley Capital LLC purchased a new stake in shares of SWK during the 4th quarter worth approximately $692,000. Finally, Renaissance Technologies LLC increased its stake in shares of SWK by 3.7% during the 4th quarter. Renaissance Technologies LLC now owns 28,883 shares of the company’s stock worth $458,000 after purchasing an additional 1,036 shares during the last quarter. Institutional investors own 99.27% of the company’s stock.

SWK Stock Up 1.9%

SWK stock opened at $14.25 on Friday. SWK Holdings Co. has a 1-year low of $13.17 and a 1-year high of $20.49. The firm has a market capitalization of $174.85 million, a price-to-earnings ratio of 15.32 and a beta of 0.21. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.11. The firm has a 50 day simple moving average of $16.12 and a 200 day simple moving average of $16.28.

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

SWK Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, April 24th were given a $4.00 dividend. The ex-dividend date of this dividend was Thursday, April 24th.

About SWK

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.