Jane Street Group LLC Invests $67,000 in SuRo Capital Corp. (NASDAQ:SSSS)

Jane Street Group LLC purchased a new stake in shares of SuRo Capital Corp. (NASDAQ:SSSS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 11,452 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its position in SuRo Capital by 103.0% in the 4th quarter. Northern Trust Corp now owns 45,067 shares of the company’s stock valued at $265,000 after acquiring an additional 22,864 shares in the last quarter. 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 boosted its holdings in shares of SuRo Capital by 5.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 210,750 shares of the company’s stock valued at $1,239,000 after acquiring an additional 11,750 shares during the last quarter. Gabelli Funds LLC boosted its position in SuRo Capital by 22.3% in the fourth quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock worth $6,847,000 after purchasing an additional 212,000 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of SuRo Capital in the 4th quarter worth $140,000. Hedge funds and other institutional investors own 12.95% of the company’s stock.

Insider Buying and Selling

In other news, CEO Mark D. Klein bought 16,500 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average cost of $5.26 per share, for a total transaction of $86,790.00. Following the completion of the transaction, the chief executive officer now owns 1,216,019 shares of the company’s stock, valued at approximately $6,396,259.94. This represents a 1.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.69% of the stock is owned by company insiders.

SuRo Capital Price Performance

NASDAQ:SSSS opened at $7.39 on Monday. The company has a quick ratio of 11.32, a current ratio of 11.32 and a debt-to-equity ratio of 0.47. The business’s 50-day simple moving average is $5.39 and its two-hundred day simple moving average is $5.66. The stock has a market cap of $174.05 million, a PE ratio of -3.91 and a beta of 1.73. SuRo Capital Corp. has a 52 week low of $3.52 and a 52 week high of $7.83.

SuRo Capital (NASDAQ:SSSS) last released its earnings results on Tuesday, May 6th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.02). SuRo Capital had a negative return on equity of 7.28% and a negative net margin of 801.00%. The business had revenue of $0.50 million for the quarter, compared to analysts’ expectations of $1.23 million.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Citigroup reaffirmed an “outperform” rating on shares of SuRo Capital in a research note on Wednesday, March 12th. Barrington Research restated an “outperform” rating and set a $8.00 target price on shares of SuRo Capital in a research note on Tuesday, April 8th. Finally, Wall Street Zen raised shares of SuRo Capital from a “sell” rating to a “hold” rating in a report on Saturday, May 31st.

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.