--- title: "Wealth Enhancement Advisory Services LLC Makes New $2.68 Million Investment in Portman Ridge Finance Corporation $PTMN" type: "News" locale: "en" url: "https://longbridge.com/en/news/274160528.md" description: "Wealth Enhancement Advisory Services LLC has made a new investment of approximately $2.68 million in Portman Ridge Finance Corporation (NASDAQ: PTMN) by acquiring 232,354 shares in the third quarter. This investment represents 1.76% ownership of the company. Other institutional investors have also increased their stakes in Portman Ridge Finance, which focuses on providing financing solutions to U.S. middle-market companies. The stock is currently trading at $12.41, with a market capitalization of $163.71 million." datetime: "2026-01-29T13:41:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274160528.md) - [en](https://longbridge.com/en/news/274160528.md) - [zh-HK](https://longbridge.com/zh-HK/news/274160528.md) generator: "portal-rs" --- # Wealth Enhancement Advisory Services LLC Makes New $2.68 Million Investment in Portman Ridge Finance Corporation $PTMN Wealth Enhancement Advisory Services LLC acquired a new stake in Portman Ridge Finance Corporation (NASDAQ:PTMN - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 232,354 shares of the company's stock, valued at approximately $2,684,000. Wealth Enhancement Advisory Services LLC owned 1.76% of Portman Ridge Finance at the end of the most recent quarter. Get **Portman Ridge Finance** alerts: Other hedge funds have also modified their holdings of the company. Arlington Trust Co LLC raised its position in Portman Ridge Finance by 100.0% in the 3rd quarter. Arlington Trust Co LLC now owns 3,000 shares of the company's stock valued at $35,000 after purchasing an additional 1,500 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in Portman Ridge Finance in the third quarter valued at $121,000. Winnow Wealth LLC purchased a new stake in shares of Portman Ridge Finance in the second quarter valued at about $201,000. Royal Bank of Canada boosted its stake in shares of Portman Ridge Finance by 69.9% during the first quarter. Royal Bank of Canada now owns 16,354 shares of the company's stock worth $235,000 after buying an additional 6,730 shares during the period. Finally, Virtus Investment Advisers LLC grew its holdings in shares of Portman Ridge Finance by 15.3% during the second quarter. Virtus Investment Advisers LLC now owns 43,619 shares of the company's stock worth $546,000 after buying an additional 5,775 shares during the last quarter. 30.14% of the stock is currently owned by hedge funds and other institutional investors. ## Portman Ridge Finance Stock Performance Shares of PTMN stock opened at $12.41 on Thursday. The stock's 50-day moving average price is $12.40 and its 200 day moving average price is $12.21. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of $163.71 million, a PE ratio of -13.34 and a beta of 0.60. Portman Ridge Finance Corporation has a 52-week low of $11.48 and a 52-week high of $18.92. ## Portman Ridge Finance Company Profile (Free Report) Portman Ridge Finance NASDAQ: PTMN is a publicly traded, closed-end management investment company that has elected to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940. Since its formation in 2015, the firm has focused on providing customized financing solutions to U.S. middle-market companies, including senior secured loans, unitranche instruments, mezzanine debt and select equity co‐investments. Its flexible approach allows Portman Ridge to structure transactions that address a range of sponsor-backed and privately negotiated financing needs. The company's portfolio spans a variety of industry sectors such as healthcare, business services, consumer goods and industrials. ## Recommended Stories - Five stocks we like better than Portman Ridge Finance - How a Family Trust May Be Able To Help Preserve Your Wealth - Do not delete, read immediately - Refund From 1933: Trump’s Reset May Create Instant Wealth - NEW LAW: Congress Approves Setup For Digital Dollar? - “Fed Proof” Your Bank Account with THESE 4 Simple Steps **Want to see what other hedge funds are holding PTMN?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Portman Ridge Finance Corporation (NASDAQ:PTMN - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Portman Ridge Finance Right Now? Before you consider Portman Ridge Finance, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Portman Ridge Finance wasn't on the list. While Portman Ridge Finance currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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