Russell Investments Group Ltd. Buys 1,735 Shares of SWK Holdings Co. (NASDAQ:SWKH)

Russell Investments Group Ltd. raised its stake in SWK Holdings Co. (NASDAQ:SWKH) by 1,535.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,848 shares of the company’s stock after acquiring an additional 1,735 shares during the period. Russell Investments Group Ltd.’s holdings in SWK were worth $32,000 as of its most recent SEC filing.

Separately, Bank of New York Mellon Corp bought a new stake in shares of SWK during the third quarter worth $161,000. Institutional investors and hedge funds own 99.27% of the company’s stock.

SWK Price Performance

Shares of SWKH stock opened at $17.22 on Friday. The stock’s fifty day moving average is $17.37 and its 200-day moving average is $17.06. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.18 and a current ratio of 3.18. The stock has a market capitalization of $214.79 million, a PE ratio of 17.75 and a beta of 0.33. SWK Holdings Co. has a 52 week low of $15.26 and a 52 week high of $18.75.

SWK (NASDAQ:SWKH) last announced its earnings results on Thursday, March 21st. The company reported $0.23 EPS for the quarter. The company had revenue of $9.89 million for the quarter. SWK had a return on equity of 5.11% and a net margin of 30.19%.

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.