Dynamic Advisor Solutions LLC Acquires New Holdings in SWK Holdings Corp. (NASDAQ:SWKH)

Dynamic Advisor Solutions LLC acquired a new stake in shares of SWK Holdings Corp. (NASDAQ:SWKH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,727 shares of the company’s stock, valued at approximately $378,000. Dynamic Advisor Solutions LLC owned 0.18% of SWK as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. M3F Inc. raised its position in SWK by 2.5% in the fourth quarter. M3F Inc. now owns 800,151 shares of the company’s stock worth $12,690,000 after acquiring an additional 19,279 shares during the period. Dimensional Fund Advisors LP raised its position in shares of SWK by 7.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,469 shares of the company’s stock valued at $737,000 after purchasing an additional 3,317 shares during the period. Rangeley Capital LLC bought a new stake in shares of SWK during the 4th quarter valued at $692,000. Northern Trust Corp raised its position in shares of SWK by 15.3% during the 4th quarter. Northern Trust Corp now owns 35,470 shares of the company’s stock valued at $563,000 after purchasing an additional 4,708 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of SWK by 3.7% during the 4th quarter. Renaissance Technologies LLC now owns 28,883 shares of the company’s stock valued at $458,000 after purchasing an additional 1,036 shares during the period. Institutional investors own 99.27% of the company’s stock.

SWK Stock Performance

Shares of NASDAQ:SWKH opened at $14.57 on Friday. SWK Holdings Corp. has a 52 week low of $13.17 and a 52 week high of $20.49. The stock has a market capitalization of $178.77 million, a P/E ratio of 9.84 and a beta of 0.15. The firm has a fifty day simple moving average of $14.90 and a two-hundred day simple moving average of $15.97. The company has a quick ratio of 11.30, a current ratio of 11.30 and a debt-to-equity ratio of 0.11.

SWK (NASDAQ:SWKH) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.37. SWK had a net margin of 39.60% and a return on equity of 8.58%. The firm had revenue of $11.83 million during the quarter.

SWK Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, May 8th. Investors of record on Thursday, April 24th were paid a dividend of $4.00 per share. The ex-dividend date was Thursday, April 24th.

Analyst Ratings Changes

A number of equities analysts have commented on SWKH shares. Maxim Group dropped their price objective on shares of SWK from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Monday, May 19th. Wall Street Zen cut shares of SWK from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd.

SWK 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.